Elk Avenue Commercial Corner Parcel

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30721675
Property Subtypes: Retail, Retail-Pad
Status: Pending
Gross Land Area: 1.90 Acres
Sale Price: $625,000
Unit Price: $328,947 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2021

Overview / Comments

Prime commercial corner! Fronting busy W. Elk Avenue, this 1.97 acre -/+ parcel has 411 ft of frontage. Site also has frontage on and access to 3 other city streets - Legacy Drive, Moore Avenue and Bemberg Street. Property is level and clear. W. Elk Avenue is a 5 lane highway including dedicated turn lane allowing for easy access to site and at Legacy Drive and Moore Avenue corners. Zoned B2 with all public utilities available - electric, telephone, public water, sanitary sewer and natural gas. Storage shed business, a house and a drive-thru coffee shop currently lease on site but they have been served notice to evacuate by May 15th 2021.

Legacy Street side also allows for immediate access to Tweetsie Trail, a 9.5-mile trail featuring a compacted stone surface that crosses seven bridges and provides a flat grade for walking, hiking, running, and biking.

Due to the excellent buildability, desirability and location of the property there are numerous options available for use including strip center, restaurant, auto sales and service, stand alone specialty retail, service business or professional office. Contact agent for zoning and other particulars or to discuss possibilities.

Additional Details

Nearest MSA: Johnson City
County: Carter
Tax ID/APN: 010040N B 00100
Zoning: B2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,677 21,382 53,922
Median Age: 43.48 40.71 39.13
Households: 1,095 8,937 23,108


Photograph of Listing Agent

Jacqueline Lesley Hewitt

TCI Group - Jerry Petzoldt Agency, LLC NETAR CMLS Member
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