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524 E Elk Avenue

Elizabethton, TN 37643
  • $2,200,000
  • STATUS: Active
  • ON SITE: 111 Days
  • MLS #: 9959078
UPDATED: 135 min ago
$2,200,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,700
    SQFT
  • $140
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1925
County:

School Ratings & Info

Description

Unique offering in the quaint Downtown area of Elizabethton, Tennessee. Four completely remodeled buildings on Elk Ave (the main street through Downtown Elizabethton) are being offered for sale as a portfolio. All buildings are currently leased. Tenants include an attorney, The Chamber of Commerce, Salon and Photography studio, and electrical contractor and a long standing pizza and sandwich shop Jiggy Ray's. There are good leases in place and great tenants. Each property has been completely renovated and updated with new electrical, plumbing and HVAC systems within the last 3 years. One building is sprinkled. There is 15,700 square feet total and all of the buildings are located within a few steps of the iconic covered bridge in Elizabethton spanning the Doe River. Car shows, festivals, parades and many other events are held on Elk Ave on a regular basis. There is a white water rafting park being considered on the Watauga River just a few hundred yards from where the Doe River spills into the Watauga River. There is an enormous amount of growth in this area, development and tourism are growing and there is a great opportunity to be in a prime location as things develop. World class fishing is at your doorstep, lakes and rivers abound, the Appalachian Trail is only about 7 miles away. Only minutes to NC or VA with any outdoor activity you could ask for right in your backyard!! Rent rolls, leases, financial documentation and viewing of the properties will be provided once the buyer has provided proof of funds.



© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-02-27T23:59:58.247.
www.debbygibson.com/homes/145101861
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524 E Elk Avenue Elizabethton, TN 37643

  • Price: $2,200,000
  • Status: Active
  • On Site: 111 Days
  • Updated: 135 min ago
  • MLS #: 9959078
0
Beds
0
Baths
0
½ Baths
0.36
Acres
15,700
SQFT
$140
$/SQFT
1925
Built
Neighborhood:
City Of Elizabethton
County:
Carter
Area:
City Of Elizabethton
Property Description
Unique offering in the quaint Downtown area of Elizabethton, Tennessee. Four completely remodeled buildings on Elk Ave (the main street through Downtown Elizabethton) are being offered for sale as a portfolio. All buildings are currently leased. Tenants include an attorney, The Chamber of Commerce, Salon and Photography studio, and electrical contractor and a long standing pizza and sandwich shop Jiggy Ray's. There are good leases in place and great tenants. Each property has been completely renovated and updated with new electrical, plumbing and HVAC systems within the last 3 years. One building is sprinkled. There is 15,700 square feet total and all of the buildings are located within a few steps of the iconic covered bridge in Elizabethton spanning the Doe River. Car shows, festivals, parades and many other events are held on Elk Ave on a regular basis. There is a white water rafting park being considered on the Watauga River just a few hundred yards from where the Doe River spills into the Watauga River. There is an enormous amount of growth in this area, development and tourism are growing and there is a great opportunity to be in a prime location as things develop. World class fishing is at your doorstep, lakes and rivers abound, the Appalachian Trail is only about 7 miles away. Only minutes to NC or VA with any outdoor activity you could ask for right in your backyard!! Rent rolls, leases, financial documentation and viewing of the properties will be provided once the buyer has provided proof of funds.
Exterior Features

Construction Materials Brick Roof Rubber

Interior Features

Building Area Total 15700 Cooling Central AirHeat Pump General Property Description Total Sq Ft Finish 15700 General Property Description Total Sq Ft Unfini 0 Heating Heat Pump Heating YN Yes

Property Features

Contract Info Auction No Contract Info Foreclosure No Contract Info Short Sale No Cooling YN Yes Current Financing Conventional Documents Available [] Listing Terms CashConventionalIndiv/Seller Financing New Construction YN No Other Equipment Cable TVDisplay WindowFire Sprinkler SystemHandicap Access Property Condition Above Average Sewer Public Sewer Water Source Public Zoning B1

Listing information © 2024 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Jason Johnston of Coldwell Banker Security Real Estate: 423-282-2595.



© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-02-27T23:59:58.247.
 
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Debby Gibson Real Estate Co.
108 West Springbrook Drive
Johnson City TN, 37604