524 E Elk Ave Elizabethton, TN 37643

Price
Not For Sale
Last Update
May 10th, 2024
Type
Off Market
Status
Off Market
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15700 sqft
Off Market

Snapshot

Property Type
Other
Lot Size
0.36 acres
Property Sqft
15,700
MLS Number
9959078
Year Built
1925
Days On Market

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.

More Details

Provider
Coldwell Banker Security Real Estate of Tennessee Inc.
MLS ID
TVARMLS
MLS Name
Tennessee Virginia Regional Multiple Listing Service
MLS Number
9959078
Source
listhub
PARTICIPANT
Name
Jason Johnston
Primary Phone
(423) 446-0148
Key
3YD-TVARMLS-3411
Email
jasonnjohnston1@gmail.com
BROKER
Name
Coldwell Banker Security Real Estate of Tennessee Inc.
Phone
(423) 446-0148
OFFICE
Name
Coldwell Banker Security Real Estate
Phone
(423) 282-2595
Copyright © 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Rent$2,200,000 $140COLDWELL BANKER SECURITY REAL ESTATE
Price Changed$2,200,000 -21.43%$140COLDWELL BANKER SECURITY REAL ESTATE
Listed For Rent$2,800,000 $178COLDWELL BANKER SECURITY REAL ESTATE
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Nearby Schools

Elementary School

Harold Mccormick Elementary School

0.2 miles awayKG - 05

High School

Carter County Adult High School

0.2 miles away12 - 12

Elementary School

East Side Elementary School

0.7 miles awayKG - 05
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