200 & 202 W Main Street, Mount Carmel, TN 37645
sale
$389,900
|
Other
Courtesy Of The Addington Agency Bristol
Welcome to 200 & 202 W Main Street, a rare investment and development opportunity in the heart of Mount Carmel. Positioned in a highly visible location with valuable MX2 zoning, this unique property offers outstanding flexibility for investors, business owners, and developers looking to capitalize on a prime in-town setting. Situated on approximately one acre of deep, level land, the property is ready for your next vision. Whether you are looking to expand your rental portfolio, develop additional residences, explore mixed-use potential, or create a new commercial concept, the zoning opens the door to a wide range of possibilities. Opportunities with this level of versatility are difficult to find. The property currently features two income-producing dwellings, both tenant occupied and generating immediate cash flow. One residence rents for $1,295 per month and the second rents for $950 per month, providing built-in income while planning future development. Excellent location, strong upside potential, existing rental income, nearly one acre of usable land, and flexible MX2 zoning make this an exceptional offering in growing Mount Carmel. Showings require a minimum 48-hour notice and must be accompanied by the listing agent or property manager out of respect for tenant privacy. All information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information, zoning, and intended use.
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Cooling System: Window Unit(s)
- Exterior Type: Asbestos
- Exterior Type: Vinyl Siding
- Fireplace: Fireplace
- Heating System: Fireplace(s)
- Heating System: Natural Gas
- MLSID: 9994140
- Roof Type: Metal
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