537 E Elk Avenue, Elizabethton, TN 37643
sale
$145,000
|
Other
Courtesy Of RE/MAX Checkmate Realtors Inc.
One of the last Buildings in Historic downtown Elizabethton on East Elk Ave that can be renovated! This property is a total renovation, however, stands centrally on the main downtown strip, and sits among multiple renovations, new business, and a growing downtown community. You aren't buying the building, but the location. Ample opportunity to bring this 1920's building back to life as retail, restaurant, office, or apartments, this 2 story, large square footage building is a steal at $35/ sq ft, and is surrounded by an already thriving community. the lower floor footprint is 25 feet by 115 feet, and upstairs can either be expanded or in its current layout could hold a 1250 sq ft office. This is most likely one of the last opportunities to get a truly cheap and unrenovated lot in downtown as prices and values rise. This property is being sold AS IS, needs demo, cleaning out, and major renovations, hence the price, but once done, will be yet another, and one of the last revived and beautified buildings bringing intrinsic value to the city's downtown district. All info to be verified by buyer/buyers agent.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Block
- Heating System: Electric (Heating)
- MLSID: 9995423
- Roof Type: Rubber
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