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Drive-Through Restaurant Property
For Sale
$850,000

1502 N Main Ave, Erwin, TN 37650

Commercial Sale, Erwin, TN

Property Size2,686 SF
Lot Size1.29 Acres
Price / SF$316.46
Days on Market317

Property Features for 1502 N Main Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business
Directions Exit 36 off highway 26, straight to main street. Restaurant directly across from stop light.
Subdivision 311 - Unicoi County
Standard status Active
APN 024 006.11
Size 2,686 SF
Lot size 1.29 Acres

Taxes and HOA fees

Tax Annual Amount 4509

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1996
Building materials Brick
Listing Agency: The Elite Team Agency
Listed By: Bryan Sangid · License #321218
Added: Nov 13, 2025 Changed: Aug 28 Last Checked: Sep 26 at 11:06AM
MLS# 9988252

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 restaurant property includes a 2,686-square-foot brick building on 1.29 acres, constructed in 1996. The interior accommodates approximately 90 guests and is complemented by outdoor seating. The site also supports drive-through service, providing a configuration suited to restaurant operations. Central heating and central air serve the building, with public water and public sewer in place.

Located at 1502 N Main Ave in Erwin, the property sits near an interstate interchange and next to a gas station and convenience stop. Its position serves both local customers and passing motorists, with access to an established commercial destination. Business zoning applies to the site.

Key Highlights

  • 2,686‑square‑foot restaurant building on 1.29 acres
  • Approximately 90 indoor seats plus outdoor seating
  • Drive‑through service supported by the existing configuration

Property Analytics

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Current Use

Clarence's Drive In Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Repair Shop Big Box & Wholesale Store Restaurant HVAC Service

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Dining 33% Home Improvements & Furnishings 16%
BP Shops & Services
9,124 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
8,689 visits/mo 0.3 miles
Dollar General Shops & Services
7,123 visits/mo 0.3 miles
Hardee's Dining
6,811 visits/mo 0.3 miles
Exxon Shops & Services
6,065 visits/mo 0.1 miles

Demographics for 37650, TN

12,329
Population
6,352
Households
1.9
Avg Household Size
47
Median Age
17%
College-Educated
88%
High-School Grad
97.0 sq mi
ZIP Area
127
Density / Sq Mi
$49,671
Median Household Income
$37,500
Median Earnings
$636
Median Rent
$156,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Business-zoned restaurant site with indoor and outdoor seating near an interstate interchange and an established fuel stop.
Where is this drive through restaurant located?
The property is located at 1502 N Main Ave Erwin, TN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,686‑square‑foot restaurant building on 1.29 acres; Approximately 90 indoor seats plus outdoor seating; Drive‑through service supported by the existing configuration
More about this property
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