Former MCB Bank Building

Office for Sale
Catylist Listing ID: 30714900
Property Subtypes: Executive Suites, Flex Space, Office Building
Building Size (RSF): 14,752 SF
Gross Land Area: 0.46 Acres
Sale Price: $529,000
Unit Price: $35.86 PSF
Ceiling: 12 ft.
In Opportunity Zone? Yes
Property Use Type: Business
Class of Space: Class B
Usable Size (USF): 12,288 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/8/2022

Overview / Comments

Great opportunity to repurpose a very unique building. Located in downtown Erwin, this building offers so much potential. This building was a former bank. The interior finishes are set up for a bank and multiple offices. The building has 2000+ sq. ft of unfinished space as well for future development. A great opportunity in a charming location.

Additional Details

Nearest MSA: Johnson City
County: Unicoi
Tax ID/APN: 086023N T 01400
Property Visibility: Excellent
Highway Access: I-26 and Main Street
Area Description: Quaint downtown district
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 7,375 SF
Year Built: 1964
Year Renovated: 1984
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick with stucco accents
Parking Type: Surface
Total Parking Spaces: 18
Passenger Elevators: 1
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Zoning Description: B3 zoning
Lot Frontage: 174
Lot Depth: 116
Water Service: Municipal
Sewer Type: Municipal
Easements: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,372 11,897 13,869
Median Age: 44.54 44.94 44.7
Households: 1,470 5,014 5,819


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