Remarks

Attention Investors!! Recently renovated and fully occupied, this four-suite commercial property in downtown Elizabethton is a great addition to your portfolio. Highlighted by a one-of-a-kind mural, store frontage on E. Elk and N. Sycamore, and parking options on three sides of the building, this property will remain a prime retail location for years to come. Step into an income producing property with endless potential as grants are available for ongoing downtown renovations to continue adding value to these historic properties.

Two tenants have long term contracts. The other tenants have yearly contracts but have been long term tenants for over 5 years.

Building is currently managed by Mitch Cox Property Managment for building maintenance and rent collection for a hassle-free ownership. This is an optional service that can be continued or discontinued after purchase.

Details

MLS#: 9969580
Price: $449,000

Sq Ft: 5800
Year Built: 1940

County: Carter
Lot Size: 50x115
Tax Fee: 749.1