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206 Gay Street Street, Erwin, TN 37650 - $725,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9977982
Living Area: 0 Lot Acreage: 0 Year Built: 1910
Elementary School: Rock Creek Middle School: Unicoi Co High School: Unicoi Co
Property Description
Own a Piece of Erwin's History - A Fully Renovated, Income-Producing Gem. Step into the past while embracing the future with this historic property in the heart of downtown Erwin. This beautifully restored building has been transformed into a multi-use space. The newly renovated interiors preserve the charm of its 1910 origins while offering modern conveniences. The first floor currently operates as an event venue, complete with a caterer's kitchen, making it an ideal setting for weddings, corporate events, pop-up markets, or even a unique restaurant concept. But the possibilities don't stop there—this space is a blank canvas waiting for your business dream to come to life! From a brewery or coffee shop to a retail storefront, art gallery, or co-working hub, this property has many possibilities. Two fully renovated apartments upstairs, one of which is a successful Airbnb, this property is not only a turnkey income generator but also a perfect space for short-term or long-term rentals. An additional private office space offers flexibility for remote work, creative endeavors, or even a boutique business suite. What a great opportunity to be a part of Erwin's history.
Listing Status
Active
  • More Listing Info
    AC:Central Airtrue
    Contract Info:ForeclosureNo
    Easements:See Remarks18true
    Exterior Finish:Brick4true
    General Property Description:# of Units1.0
    General Property Description:Acres0.11
    General Property Description:Elementary School3Rock Creek
    General Property Description:High School3Unicoi Co
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensions*/- .11 acres
    General Property Description:Middle School2Unicoi Co
    General Property Description:Stories22
    General Property Description:Total Units4
    General Property Description:Zoning2Commercial
    Heating:Centraltrue
    Location Tax Legal Info:City Taxes1993.6
    Location Tax Legal Info:County Taxes3355.01
    Remarks Misc:Directions3Directions from tri-cities Take Interstate 26 East. Take exit 37 for TN-81 and turn left toward Erwin. Turn right on to North Main Avenue. Turn left on to Gay Street Property will be located on your right.
    Remarks Misc:Public Remarks2Own a Piece of Erwin's History - A Fully Renovated, Income-Producing Gem. Step into the past while embracing the future with this historic property in the heart of downtown Erwin. This beautifully restored building has been transformed into a multi-use space. The newly renovated interiors preserve the charm of its 1910 origins while offering modern conveniences. The first floor currently operates as an event venue, complete with a caterer's kitchen, making it an ideal setting for weddings, corporate events, pop-up markets, or even a unique restaurant concept. But the possibilities don't stop there—this space is a blank canvas waiting for your business dream to come to life! From a brewery or coffee shop to a retail storefront, art gallery, or co-working hub, this property has many possibilities. Two fully renovated apartments upstairs, one of which is a successful Airbnb, this property is not only a turnkey income generator but also a perfect space for short-term or long-term rentals. An additional private office space offers flexibility for remote work, creative endeavors, or even a boutique business suite. What a great opportunity to be a part of Erwin's history.
    Roof:Other15true
    Sewer:Public Sewertrue
    Structure Type:Multi Familytrue
    Structure Type:Office3true
    Structure Type:Retail3true
    Style:Historic2true
    TopographyLot Description:See Remarkstrue
    Unit 1:SqFt68792
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms42
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms52
    Unit 4:# Units41
    Utilities:See Remarks30true
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
The Elite Team Agency
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