For Sale
$325,000

1110 Elm Ave Erwin, TN 37650

1.1 Acres, Two Homes, High Growth Area

Overview

Added:
Feb 3
Days on market:
81
This exceptional 1.1-acre commercial property in Erwin, TN, presents a remarkable investment opportunity. Located on North Elm Avenue, just off North Main Street, this prime location offers unparalleled visibility and accessibility. The property comprises two parcels, 1110 and 1120 North Elm Avenue, and currently features two existing rental homes, although these require some repairs. The large, level lots offer significant potential for expansion, with the possibility of constructing two additional homes. However, the expansive acreage is ideally suited for a variety of commercial ventures, including apartments, a small strip center, a larger commercial building, an office building, or a medical facility. This is one of the larger available lots in close proximity to Erwin's downtown area, a significant advantage given the town's rapid growth and increasing demand for additional facilities. The neighboring commercial property is currently undergoing renovations, further highlighting the area's revitalization. Utilities are readily available on-site. A plat map and further details are available upon request. This property represents a unique chance to capitalize on Erwin's booming growth and secure a prominent position in a thriving market. Serious inquiries are encouraged.

Property Details for 1110 Elm Ave

Property type
Commercial real estate
Lot Size (sq. ft)
47,916 SF

Location Insight

City
Erwin
County
Unicoi
State
Tennessee
Latitude
36.14457
Longitude
-82.41472

FAQs

What type of property is this?
Commercial real estate - 1.1 Acres, Two Homes, High Growth Area
Where is the commercial real estate located?
The property is located at 1110 Elm Ave Erwin, TN.
What is the asking price?
The asking price for this property is $325,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1110 Elm Ave
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