1238 Main AveErwin, TN 37650

Property Details for 1238 Main Ave

Year built

1979

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

6.39 AC

Property size (Sq ft)

29,920 SF

Property type

Other commercial real estate

APN

086023D G 03800

APU

086023DG03800

Description

This exceptional Erwin, Tennessee property, located at 1238 N Main Ave, offers 80,561 square feet of retail, office, and restaurant space within a thriving shopping center. The single-story, 1979-built building sits on a 7.56-acre lot (329,321 square feet) and features two immediately available suites: an 8,450-square-foot space (formerly an apparel store) and a 7,000-square-foot space (formerly a Rite Aid). Both are available for lease at a rate of $6.50 per square foot, with a triple net (NNN) rate of $1.27 per square foot. The property boasts excellent visibility and accessibility from North Main Street, ample parking with convenient door-front spaces, and a strong tenant mix including Tractor Supply, AutoZone, Dollar General, H&R Block, Subway, Rocky's Pizza, Sister & Shears, and Dan Manuel Mexican Restaurant. The property's APN is 086023D G 03800. Currently, 15,450 square feet of the building is vacant. Start-up businesses should submit a business plan and financial documentation for consideration. This location presents a unique opportunity for a variety of businesses, including but not limited to outdoor gear, specialty retail, service businesses, medical supplies, financial offices, tobacco or vape shops, vintage or home décor, clinics, or rehabilitation centers. The property's diverse tenant base and high-traffic location make it an ideal investment opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $6,608,684

  Hospitality

  $6,053,518

  Educational

  $5,036,456

  Medical

  $5,209,668

  Retail

  $7,834,488

Location Insight

City

Erwin

County

Unicoi

State

Tennessee

Latitude

36.159

Longitude

-82.3979

CBSA code

27740

CBSA name

JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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