3915 Unicoi Dr Unicoi, TN 37692-6849
- Retail space
- 7,662 SF
- 124.00 lot acres
Feb 14, 2025
Current Use by Public Records
- Retail space
Property Details for 3915 Unicoi Dr
- Year built
- 1973
- Construction
- WOOD
- Lot size
- 124.00 lot acres
- Property size
- 7,662 SF
- Property type
- Retail space
- APN
- 086012E E 00800
- APU
- 086012EE00800
Description
This 0.23-acre commercial property at 3915 Unicoi Drive, Unicoi, TN 37692, presents a compelling investment opportunity. Currently configured as a retail space with two apartments (one occupied, one vacant but with flooring purchased), this versatile building offers multiple income streams. The main-level retail area boasts high visibility and foot traffic, while the upstairs apartments provide immediate and potential rental income. A substantial basement offers significant storage or the possibility of additional lease income to a tradesperson or similar. The property's layout allows for significant expansion and reconfiguration. The vacant apartment is ready for customization, and the entire building could be renovated to create several more apartments, maximizing rental income. Its location in a growing area with convenient access to major routes ensures strong tenant appeal and customer accessibility. This property is ideal for investors seeking to diversify their portfolio or entrepreneurs looking to establish a thriving business. The asking price is $265,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Unicoi
- County
- Unicoi
- State
- Tennessee
- Longitude
- -82.3501
- Latitude
- 36.1982
- CBSA code
- 27740
- CBSA name
- JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
