Erwin TN Prime Commercial Property for Sale

Expired Special Purpose for Sale
Catylist Listing ID: 30295844
Building Size (RSF): 3,200 SF
Gross Land Area: 1.51 Acres
Sale Price: $275,000
Property Use Type: Net Leased Investment (NNN), Business
Usable Size (USF): 3,200 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/8/2018

Overview / Comments

Located in Erwin, TN off Exit 36. Containing 1.51 +/- acres. Property has 154.56 +/- feet of road frontage on N. Main Street. Rezoning will be required for the front Parcel. Also known as 1504 N. Main Ave., Parcel ID 024 005.00. Owner may be willing to separate. The metal building contains 3,200 square feet. 840 square feet is being used for office and showroom purposes. The remaining 2,360 square feet is being used for storage and has an over sized garage door and walkout door. Security system and camera system can remain.

Additional Details

Nearest MSA: Johnson City
County: Unicoi
Taxing Authority: Unicoi
Tax ID/APN: 024 006.03024 006.03
Zoning: COMMERCIAL
Property Located Between: I-26 to exit 36 and the Erwin Highway.
Property Visibility: Excellent
Largest Nearby Street: Erwin Highway
Feet of Frontage: 116
Highway Access: 1/2 mile to exit 36 on I-26
Airports: Tri-City or Ashville airport approx 45 minutes
Site Description: Level with road frontage on Erwin Hwy. Prime building site still available on the Erwin Hwy. Multiple use land.
Area Description: High traffic area with easy interstate access.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,200 SF
Year Built: 2001
Year Renovated: 2001
Construction/Siding: Steel Frame
Exterior Description: Level lot with level doc door, showroom space as well as warehouse.
Parking Type: Surface
Parking Description: Plenty of parking with room to expand.
Sprinklers: Other
Heat Type: Electricity
Heat Source: Heat Pump
Lot Frontage: 120 +/-
Lot Depth: 343 +/-
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Land Ownership: Fee Simple
Legal Description: Parcel ID 024 006.03 Lot Tr4 of Strickland Subdivision

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,669 9,134 15,444
Median Age: 48.63 44.55 44.77
Households: 760 3,857 6,490

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