For Sale
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Property summary
Looking for a passive investment property? Don't miss this one! Located at 1201 Hwy 19E and constructed in 2008, this state-of-the-art retail building is currently home to Buddie's Tobacco & Vape, operating under a NNN lease with 5 years remaining, annual rent escalations of $50, and two (5)-year renewal options--offering long-term stability and predictable returns. Strategically positioned in the heart of a rapidly growing market, this property sits along Hwy 19E, providing exceptional visibility and accessibility with over 17,000+ ADTC. Its central location allows for quick access to anywhere in Elizabethton, further enhancing its appeal to both tenants and investors. Zoned M-2 and situated within a high-density commercial corridor, this versatile asset presents not only a strong passive investment, but also future upside potential in a corridor that continues to see commercial demand. Whether you're an investor seeking passive income, a visionary capitalizing on a prime location, or simply looking for a safe place to deploy capital, opportunities of this caliber--at this price point--rarely come to market, and will not last long priced to sell at $365k. Call today to schedule your appointment! All information contained herein is gathered from third party sources, tax records, homeowner and is subject to buyers and buyers agent verification.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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