1238 N Main Ave, Erwin, TN 37650
- Commercial real estate
- 29,920 SF
- 6.39 lot acres
Current Use by Public Records
- Don Manuel Mexican Restaurant / Restaurant
Property Details for 1238 N Main Ave
- Year built
- 1979
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.39 lot acres
- Property type
- Commercial real estate
- APN
- 086023D G 03800
- APU
- 086023DG03800
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 6, 2024 | — | Autozone Development LLC | Roan Partners III LLC | Deed | — |
| May 23, 2018 | $11,000 | Michael P Hardin | Roan Partners 3 LLC | Warranty Deed | — |
| Dec 21, 2012 | $2,500,000 | Roan Partners III LLC | White,douglas L & Carolyn L | Warranty Deed | — |
Description
This exceptional Erwin, Tennessee property, located at 1238 N Main Ave, offers 80,561 square feet of retail, office, and restaurant space within a thriving shopping center. The single-story, 1979-built building sits on a 7.56-acre lot (329,321 square feet) and features two immediately available suites: an 8,450-square-foot space (formerly an apparel store) and a 7,000-square-foot space (formerly a Rite Aid). Both are available for lease at a rate of $6.50 per square foot, with a triple net (NNN) rate of $1.27 per square foot. The property boasts excellent visibility and accessibility from North Main Street, ample parking with convenient door-front spaces, and a strong tenant mix including Tractor Supply, AutoZone, Dollar General, H&R Block, Subway, Rocky's Pizza, Sister & Shears, and Dan Manuel Mexican Restaurant. The property's APN is 086023D G 03800. Currently, 15,450 square feet of the building is vacant. Start-up businesses should submit a business plan and financial documentation for consideration. This location presents a unique opportunity for a variety of businesses, including but not limited to outdoor gear, specialty retail, service businesses, medical supplies, financial offices, tobacco or vape shops, vintage or home décor, clinics, or rehabilitation centers. The property's diverse tenant base and high-traffic location make it an ideal investment opportunity.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,690,000
- AI Estimate
- $3,240,000
Market price range: $594k - $3.69MMarket price range: $1.01M - $3.54M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Erwin
- County
- Unicoi
- State
- Tennessee
- Longitude
- -82.3979
- Latitude
- 36.159
- CBSA code
- 27740
- CBSA name
- JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
