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| Bedrooms: | 0 | Full Bathrooms: | 0 | Half Bathrooms: | 0 |
| Type: | Commercial Sale | Sub Type: | MLS Number: | 9988252 | |
| Living Area: | 2,686 | Lot Acreage: | 1 | Year Built: | 1996 |
| Elementary School: | Middle School: | High School: |
Property Description
This is a rare opportunity to acquire a highly visible commercial property at a strategic location near an interstate interchange in growing Erwin, Tennessee. Positioned on 1.29 acres adjacent to a busy gas station and convenience stop frequented by both travelers and local residents, this 2,686-square-foot building offers exceptional accessibility, exposure, and long-term business potential.
The property has been home to Clarence's Drive-In, a well-known local landmark with strong community recognition and an established destination presence. However, the true value extends far beyond its history. The site presents a unique opportunity for an owner-user, franchise operator, investor, or developer seeking a location with built-in traffic and strong visibility.
The existing layout accommodates approximately 90 indoor guests, includes outdoor seating, and offers the potential for drive-through service -- creating flexibility for a variety of future concepts. Whether envisioned as a restaurant, coffee concept, fast casual operation, retail destination, specialty food venue, convenience-oriented business, or other commercial use, this property is positioned to capitalize on consistent local and pass-through traffic.
Located just moments from the interstate, the site benefits from the kind of convenience business owners actively seek, easy ingress and egress, strong visibility, and proximity to an established fuel stop that naturally attracts customers.
Property is offered at $850,000 for the real estate only, with the opportunity to purchase the operating restaurant business, equipment, and goodwill for an additional $150,000.
Listing Status
Active
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More Listing Info
AC:Central Air true Business Type:Restaurant true Contract Info:Foreclosure No Development Status:See Remarks37 true Electric Service:See Remarks36 true Exterior Finish:Brick4 true General Property Description:Acres 1.29 General Property Description:Annual Lease 0.0 General Property Description:HOA YN No General Property Description:Lease No General Property Description:Lot Size2 +/- 1.29 acres General Property Description:Total SqFt Finished 2686.0 General Property Description:Total SqFt Unfinished 0.0 General Property Description:Zoning2 Business Heating:Central true Info Available:See Remarks28 true Location Tax Legal Info:City Taxes 2679.23 Location Tax Legal Info:County Taxes 4508.86 Location Tax Legal Info:Deed Book # 418 Location Tax Legal Info:Deed Page # 915 Other Equipment:See Remarks38 true Property Condition:Above Average true Remarks Misc:Directions3 Exit 36 off highway 26, straight to main street. Restaurant directly across from stop light. Remarks Misc:Public Remarks7 This is a rare opportunity to acquire a highly visible commercial property at a strategic location near an interstate interchange in growing Erwin, Tennessee. Positioned on 1.29 acres adjacent to a busy gas station and convenience stop frequented by both travelers and local residents, this 2,686-square-foot building offers exceptional accessibility, exposure, and long-term business potential. The property has been home to Clarence's Drive-In, a well-known local landmark with strong community recognition and an established destination presence. However, the true value extends far beyond its history. The site presents a unique opportunity for an owner-user, franchise operator, investor, or developer seeking a location with built-in traffic and strong visibility. The existing layout accommodates approximately 90 indoor guests, includes outdoor seating, and offers the potential for drive-through service -- creating flexibility for a variety of future concepts. Whether envisioned as a restaurant, coffee concept, fast casual operation, retail destination, specialty food venue, convenience-oriented business, or other commercial use, this property is positioned to capitalize on consistent local and pass-through traffic. Located just moments from the interstate, the site benefits from the kind of convenience business owners actively seek, easy ingress and egress, strong visibility, and proximity to an established fuel stop that naturally attracts customers. Property is offered at $850,000 for the real estate only, with the opportunity to purchase the operating restaurant business, equipment, and goodwill for an additional $150,000. Restrictions:See Remarks34 true Road Access:See Remarks32 true Sale Includes:Fee Simple true Sewer:Public Sewer true Water:Public true Videos: (none) Virtual Tours: (none)
Listing Courtesy:
The Elite Team Agency
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