1180 Bristol Hwy, Elizabethton, TN 37643
Listing Presented By
Crye-Leike Johnson City
Commercial/Industrial - Elizabethton, TN
For more information, contact Jesse Pitcock at (423) 232-0099. Visit http://www.crye-leike.com/johnsoncity/378377 to view more pictures of this property. Priced over $30,000 below 2015 tax appraisal, this unique property presents many income producing opportunities! Listed at just $27.00 per square foot, it features, 2 apartments, a retail space, and a church complete with pews and d+Ã¢Â¦Ã?+Ã©Â¦Ã?+Ã¢GÃ?Ã?+Ã©-Â¬cor. There is a detached carport off the side that could provide covered parking for several vehicles. The parking lot is paved and allows easy access both entering and exiting. Each apartment is 600 square feet, leaving the remaining 3300 square feet for retail, fellowship,etc. There are many possibilities with all this space. All mechanical systems are in good working order and the store has a new heat pump. The total property has 3 full baths, 2 half baths, 2 kitchens, and a kitchenette. All this is located on over 3 acres of land with viable home sites. There is 100% occupancy with a lengthy record with the same tenants. The combined rental income is over $1300.00 per month, with room for growth. Current tenants have a month-to-month open lease agreement. This presents the right set of circumstances to have an investment property that pays for itself while generating an income simultaneously. You can start making money right from the start. Located in close proximity to shopping, parks, hospitals, restaurants and schools. Call today for your private showing.
Built In: 1940
Last Updated: August 28, 2016
Posted: June 10, 2016