920 SqFt
920 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 920 sqft
Price per Sqft $396
MLS Listing ID 9990324
HOA Fees $100/mo
HOA Y/N Yes
Total Fin. Sqft 920
Year Built 2008
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 23.4X41.2
Source Tennessee/Virginia Regional MLS
Property Description
Located at 1201 Hwy 19E and constructed in 2008, this state-of-the-art retail building is currently home to Buddie's Tobacco & Vape, operating under a NNN lease with 5 years remaining, annual rent escalations of $50, and two (5)-year renewal options--offering long-term stability and predictable returns.
Strategically positioned in the heart of a rapidly growing market, this property sits along Hwy 19E, providing exceptional visibility and accessibility with over 17,000+ ADTC. Its central location allows for quick access to anywhere in Elizabethton, further enhancing its appeal to both tenants and investors.
Zoned M-2 and situated within a high-density commercial corridor, this versatile asset presents not only a strong passive investment, but also future upside potential in a corridor that continues to see commercial demand.
Whether you're an investor seeking passive income, a visionary capitalizing on a prime location, or simply looking for a safe place to deploy capital, opportunities of this caliber--at this price point--rarely come to market, and will not last long priced to sell at $365k. Call today to schedule your appointment! All information contained herein is gathered from third party sources, tax records, homeowner and is subject to buyers and buyers agent verification.
Location
State TN
County Carter
Area 0.07
Zoning M2
Direction From Johnson City, take US-321 N to Elizabethton. Turn right onto US-19E S/US-321 S. Property on the right.
Interior
Heating Heat Pump
Cooling Heat Pump
Equipment See Remarks
Heat Source Heat Pump
Exterior
Roof Type Metal
Road Frontage City Street, Highway
Building
Sewer Public Sewer
Water Public
Structure Type Stone Veneer,Stucco
New Construction No
Others
Senior Community No
Tax ID 041l A 022.05
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Schools and Properties Nearby
MORTGAGE CALCULATOR
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