1201 Highway 19e unit: 2 2, Elizabethton, TN 37643
sale
$435,000
|
Other
Courtesy Of The Addington Agency Bristol
Looking for a passive investment property? Don't miss this one! Located at 1201 Hwy 19E and constructed in 2008, this state-of-the-art retail building is currently home to Buddie's Tobacco & Vape, operating under a NNN lease with 5 years remaining, annual rent escalations of $50, and two (5)-year renewal options-offering long-term stability and predictable returns. Strategically positioned in the heart of a rapidly growing market, this property sits along Hwy 19E, providing exceptional visibility and accessibility with over 17,000+ ADTC. Its central location allows for quick access to anywhere in Elizabethton, further enhancing its appeal to both tenants and investors. Zoned M-2 and situated within a high-density commercial corridor, this versatile asset presents not only a strong passive investment, but also future upside potential in a corridor that continues to see commercial demand. Whether you're an investor seeking passive income, a visionary capitalizing on a prime location, or simply looking for a safe place to deploy capital, opportunities of this caliber-at this price point-rarely come to market, and will not last long priced to sell at $435k. Call today to schedule your appointment! All information contained herein is gathered from third party sources, tax records, homeowner and is subject to buyers and buyers agent verification.
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Property Features
- Age: 11-20 Years Old
- Cooling System: Heat Pump
- Exterior Type: Stone Veneer
- Exterior Type: Stucco
- Heating System: Heat Pump (Heating)
- MLSID: 9990324
- Roof Type: Metal
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