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215 S Washington St

Ripley, TN 38063
  • $110,000
  • STATUS: Active
  • ON SITE: 66 Days
  • ID#: 10216355
$110,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:

School Ratings & Info

Description

Knock-knock. Who's there? Opportunity! Well, come on in and let's make a deal. Priced below market value due to repairs needed but still a money maker at this price. The corner building has 1 current tenant ($400/month) and 2 vacant units in need of extensive repairs. Building 2 has a long-term tenant ($300/month). Building 3 has 3 current tenants ($800, $500, $300). Prospective buyers can walk the property and view exterior by appointment but showing of interiors limited to after offer is signed and accepted by all parties.

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© 2026 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anna Acosta Snyder | Centric Realty, LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-05-15T00:03:19.997.
www.annasnyderhomes.com/homes/173867737
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215 S Washington St Ripley, TN 38063

  • Price: $110,000
  • Status: Active
  • On Site: 66 Days
  • ID#: 10216355
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Commercial Property
County:
Lauderdale
Area:
Lauderdale County
Property Description
Knock-knock. Who's there? Opportunity! Well, come on in and let's make a deal. Priced below market value due to repairs needed but still a money maker at this price. The corner building has 1 current tenant ($400/month) and 2 vacant units in need of extensive repairs. Building 2 has a long-term tenant ($300/month). Building 3 has 3 current tenants ($800, $500, $300). Prospective buyers can walk the property and view exterior by appointment but showing of interiors limited to after offer is signed and accepted by all parties.
Exterior Features

Buildings 3 Location CityCornerFree Standing Lot Size 2.6 acres Parking Facility 1-15 SpacesAsphalt/BlacktopGravel Road Frontage City Street Roof Composition ShinglesRoll Truck Loading Door Height 6-8.9 Feet

Interior Features

Average Ceiling Height 8-10.9 Feet Cooling System Central CoolingIndividual Cooling Floors HardwoodTile Foundation Conventional/Crawl SpaceSlabStorage AreaWalk-Out Basement Heating System CentralElectric Hot Water Electric Hot WaterPublic SewerPublic Water Leaseable Sq Ft 20035 Seating Capacity 1-1011-25

Property Features

Actual Annual Rent 27600 Annual City Tax 2315 Annual County Tax 2261 Commercial Type Commercial Existing Financing Clear Information Available Information Limited Legal Subdivision Name Commercial property Lot Number 215.209 Miscellaneous Rest RoomsOutside Lighting New Financing Cash OnlyConventional Operating Expense Includes Taxes/Real Estate Percent Occupancy 80 Possession Lease Possession at Closing Sale Includes Building and LandNo Furnishings Tenant Pays All UtilitiesElectricityHeatJanitorial ServicesLiability InsuranceOutside LightingTrash RemovalWater/Sewer Type Usage Auto ServiceFood ServiceOfficeRetail

Listing information © 2026 Memphis Area Association of REALTORS®.
Listing provided courtesy of Unique Properties: 731-635-3660.



© 2026 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anna Acosta Snyder | Centric Realty, LLC. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2026-05-15T00:03:19.997.
 
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Anna Acosta Snyder | Centric Realty, LLC
813 Ridge Lake Blvd.
Memphis TN, 38120