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Auto Shop Property with River Frontage
For Sale
$379,999

217 Lovers Lane, Elizabethton, TN 37643

Commercial Sale, Elizabethton, TN

Property Size3,600 SF
Lot Size1.67 Acres
Price / SF$105.56
Days on Market214

Property Features for 217 Lovers Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning Residential
Directions I-26 toward US23/19W S/Asheville-EXIT 24 to US-321 N (Milligan Hwy). Keep left on Broad St. (Eliz.), Turn left on N Lynn Ave. (TN-400) Continue on Old Bristol Hwy (TN-400) Turn left onto Old Watauga Rd., End at 217 Lovers Lane. (NO SIGN)
Subdivision 314 - Carter County
Standard status Active
APN 034.209.01
Size 3,600 SF
Lot size 1.67 Acres

Taxes and HOA fees

Tax Annual Amount 685

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1990
Building materials Block, Vinyl Siding
Roof type Metal, Asphalt, Shingle
Listing Agency: Coldwell Banker Security Real Estate · Coldwell Banker Real Estate
Listed By: Linda Woodby · License #282944
Added: Feb 17 Changed: Sep 13 Last Checked: Sep 19 at 11:06PM
MLS# 9991307

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This commercial property includes two block and vinyl-sided buildings totaling 3,600 square feet on 1.67 acres. The larger 2,000-square-foot building has bay doors and an existing automotive lift; it was formerly used as an auto repair shop and is currently used for storage. The second building contains 1,600 square feet and is being used as a club meeting space. Each building includes a bathroom and its own septic system.

The site adjoins the Watauga River with 233 feet of river frontage. Public water serves the property, while heating and cooling are provided by electric heat pumps. Built in 1990, the improvements feature metal, shingle, and asphalt roofing.

Key Highlights

  • 1.67‑acre site with 233 feet of Watauga River frontage
  • 3,600 square feet across two buildings
  • 2,000‑square‑foot building with bay doors and an automotive lift

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office HVAC Service Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby
Well-served
Demand for This Use

Demographics for 37643, TN

33,752
Population
16,344
Households
2.1
Avg Household Size
45
Median Age
21%
College-Educated
89%
High-School Grad
131.1 sq mi
ZIP Area
257
Density / Sq Mi
$50,455
Median Household Income
$35,680
Median Earnings
$733
Median Rent
$156,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Mark's Auto Repair 332 W Elk Ave, Elizabethton, TN 37643
  • Performance Pitstop 106 Broad St, Elizabethton, TN 37643
  • Castrol 9Q2H+47G, Elizabethton, TN 37643
  • One Way Alternators & Starters 1023 Bristol Hwy, Elizabethton, TN 37643
  • Ron's Small Engine Repair 1024 Bristol Hwy, Elizabethton, TN 37643

Frequently Asked Questions

What type of property is this?
Auto shop - Two buildings offer bay access, bathrooms, and separate septic systems on a riverfront site.
Where is this auto shop located?
The property is located at 217 Lovers Lane Elizabethton, TN.
What is the asking price?
The asking price for this property is $379,999.
What are key features of this property?
This property features: 1.67‑acre site with 233 feet of Watauga River frontage; 3,600 square feet across two buildings; 2,000‑square‑foot building with bay doors and an automotive lift
More about this property
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