830 Tennessee Ave Etowah, TN 37331
- Mixed-use properties
- 4,800 SF
- 0.11 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 830 Tennessee Ave
- Year built
- 1920
- Lot size
- 0.11 lot acres
- Property size
- 4,800 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 830 Tennessee Avenue, Etowah, Tennessee, presents a compelling investment opportunity. The building encompasses 4,800 square feet and sits on a 0.11-acre lot. Currently generating income from four upstairs apartments, this property offers significant upside potential. Two vacant ground-floor commercial spaces provide a blank canvas for a variety of business ventures, allowing for customization to suit individual needs. The existing rental income from the apartments provides a stable foundation for immediate returns, while the commercial spaces offer the chance to expand revenue streams. The property's size and layout offer flexibility for future development, potentially including the addition of more residential units to further increase income generation. This is an ideal opportunity for investors seeking a property with proven income and substantial growth potential in a desirable location. The property is priced at $320,000 and presents a rare chance to acquire a versatile and profitable asset in the thriving Etowah market. Serious inquiries are encouraged.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Etowah
- County
- McMinn
- State
- Tennessee
- Longitude
- -84.5262
- Latitude
- 35.3225