Want a place to live? Work? Both? Rental Income? The opportunities are endless with this property. It is currently being utilized as a commercial real estate office in the left side with approximately 1,120 sq. ft. This area has a waiting area, reception area, 3 separate offices, a full kitchen and a half bath with room to complete a full bath with a little reno work plus a large storage room. The residential side is a spacious 3 bedroom, 2 full bath apartment with a large living room, glass french doors that lead to the kitchen/dining room with multiple pantries. The major appliances (Stove, Refrigerator, Microwave, Washer & Dryer) can convey. The master bedroom has a large walk-in closet and a full ensuite bath. …
The Story
1165 Towe String Road
Want a place to live? Work? Both? Rental Income? The opportunities are endless with this property. It is currently being utilized as a commercial real estate office in the left side with approximately 1,120 sq. ft. This area has a waiting area, reception area, 3 separate offices, a full kitchen and a half bath with room to complete a full bath with a little reno work plus a large storage room. The residential side is a spacious 3 bedroom, 2 full bath apartment with a large living room, glass french doors that lead to the kitchen/dining room with multiple pantries. The major appliances (Stove, Refrigerator, Microwave, Washer & Dryer) can convey. The master bedroom has a large walk-in closet and a full ensuite bath. The second bedroom also has a spacious walk-in closet. The third bedroom at the end of the hall has a large closet as well. The second full bath is located in the hall and shared between those 2 bedrooms. The laundry room has extra storage space as well. The roof on the apartment is just weeks old and the roof on the office is less than 10 years old and is still in good condition. The units have separate water and electric meters and they share a septic system. The hvac units and office water heater were updated in the last year as well. You could live in one end and work in the other, rent both sides out for well over $5,000/month, work in one side and rent the other side out or just work throughout the entire building. The entire front of the building to the road is paved and there are NO steps to access the property. There is a drainage grate along the entire front of the building as well. Don't miss the extra large storage building to the left as it can hold a ton of stuff and has a ramp for easy dolly access. This has been the home of Ridge Real Estate LLC and Ridge Heating and Air for years and we are just moving out the road to 942 Towe String to allow us to consolidate and include Ridge Contracting LLC our other business. This location has served us great and there is a tremendous amount of visibility to traffic. The deed will restrict against any real estate or heating and air businesses from operating here but there are a ton of other business opportunities to be had. Would make a wonderful vacation rental for ATV enthusiast or a vacation rental for Norris Lake groups with a marina and a public boat launch just minutes away. We are only selling to facilitate a reverse IRS Section 1031 Exchange. We love the building but don't need both of them. Owner/Agent. Buyer and/or Buyer's Agent to verify all information to their satisfaction prior to closing.
