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1502 North N Main Ave Avenue, Erwin, TN 37650 - $850,000

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Blue Ridge Properties Listing

1502 North N Main Ave Avenue, Erwin, TN 37650 (MLS #9988252)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Sale

Sub Type:

MLS Number: 9988252

Lot Acreage: 1.29000

Living Area: 2,686

Year Built:1996

Elementary School:

Middle School:

High School:

Public Remarks: 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 Courtesy:The Elite Team Agency

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