524 East Elk Avenue, Elizabethton, TENNESSEE

$2,200,000

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15,700

Square feet

0.36

Acres

About 524 East Elk Avenue

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.

Features of 524 East Elk Avenue

MLS® # 9959078
Price $2,200,000
Bathrooms 0.00
Square Footage 15,700
Acres 0.36
Year Built 1925
Type Commercial Lease
Status Active

Community Information

Address 524 East Elk Avenue
Area 317 - City of Elizabethton
City Elizabethton
County Carter
State TENNESSEE
Zip Code 37643

Amenities

Is Waterfront No

Interior

Heating Heat Pump
Cooling Central Air, Heat Pump
Fireplace No

Exterior

Exterior Brick
Roof Rubber

Additional Information

Date Listed November 8th, 2023
Days on Market 163
Zoning B1
Foreclosure No
Short Sale No

Listing Details

OfficeColdwell Banker Security Real Estate

Listing Map

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