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1201 Highway 19e 2, Elizabethton, TN 37643 - $435,000

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Blue Ridge Properties Listing

1201 Highway 19e 2, Elizabethton, TN 37643 (MLS #9990324)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Sale

Sub Type:

MLS Number: 9990324

Lot Acreage: 0.07000

Living Area: 920

Year Built:2008

Elementary School:

Middle School:

High School:

Public Remarks: Looking for a passive investment property? Don't miss this one! Located at 1201 Hwy 19E and constructed in 2008, this state-of-the-art retail building is currently home to Buddie's Tobacco & Vape, operating under a NNN lease with 5 years remaining, annual rent escalations of $50, and two (5)-year renewal options—offering long-term stability and predictable returns. Strategically positioned in the heart of a rapidly growing market, this property sits along Hwy 19E, providing exceptional visibility and accessibility with over 17,000+ ADTC. Its central location allows for quick access to anywhere in Elizabethton, further enhancing its appeal to both tenants and investors. Zoned M-2 and situated within a high-density commercial corridor, this versatile asset presents not only a strong passive investment, but also future upside potential in a corridor that continues to see commercial demand. Whether you're an investor seeking passive income, a visionary capitalizing on a prime location, or simply looking for a safe place to deploy capital, opportunities of this caliber—at this price point—rarely come to market, and will not last long priced to sell at $435k. Call today to schedule your appointment! All information contained herein is gathered from third party sources, tax records, homeowner and is subject to buyers and buyers agent verification.

Listing Courtesy:The Addington Agency Bristol

More Listing Info:

AC:Heat Pump3: true

Business Type:Retail2: true

Business Type:See Remarks33: true

Business Type:Shopping: true

Business Type:Strip Center: true

Contract Info:Foreclosure: No

Development Status:Infrastructure In: true

Electric Service:See Remarks36: true

Exterior Finish:Stone Veneer: true

Exterior Finish:Stucco2: true

General Property Description:# Restrooms: 1

General Property Description:Acres: 0.07

General Property Description:Annual Lease: 36000.0

General Property Description:Association Fee Frequency: Monthly

General Property Description:HOA Fee: 100.0

General Property Description:HOA YN: Yes

General Property Description:Lease: No

General Property Description:Lot Size2: 23.4X41.2

General Property Description:Total SqFt Finished: 920.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: M2

Heating:Heat Pump2: true

Info Available:Leases2: true

Location Tax Legal Info:City Taxes: 487.2

Location Tax Legal Info:County Taxes: 610.4

Location Tax Legal Info:Deed Book #: 588

Location Tax Legal Info:Deed Page #: 966

Location Tax Legal Info:Lot #: 2

Location Tax Legal Info:Unit #: 2

Other Equipment:See Remarks38: true

Property Condition:Above Average: true

Remarks Misc:Directions3: From Johnson City, take US-321 N to Elizabethton. Turn right onto US-19E S/US-321 S. Property on the right.

Remarks Misc:Public Remarks7: Looking for a passive investment property? Don't miss this one! Located at 1201 Hwy 19E and constructed in 2008, this state-of-the-art retail building is currently home to Buddie's Tobacco & Vape, operating under a NNN lease with 5 years remaining, annual rent escalations of $50, and two (5)-year renewal options—offering long-term stability and predictable returns. Strategically positioned in the heart of a rapidly growing market, this property sits along Hwy 19E, providing exceptional visibility and accessibility with over 17,000+ ADTC. Its central location allows for quick access to anywhere in Elizabethton, further enhancing its appeal to both tenants and investors. Zoned M-2 and situated within a high-density commercial corridor, this versatile asset presents not only a strong passive investment, but also future upside potential in a corridor that continues to see commercial demand. Whether you're an investor seeking passive income, a visionary capitalizing on a prime location, or simply looking for a safe place to deploy capital, opportunities of this caliber—at this price point—rarely come to market, and will not last long priced to sell at $435k. Call today to schedule your appointment! All information contained herein is gathered from third party sources, tax records, homeowner and is subject to buyers and buyers agent verification.

Restrictions:See Remarks34: true

Road Access:City Street: true

Road Access:Highway: true

Roof:Metal3: true

Sale Includes:Fee Simple: true

Sewer:Public Sewer: true

Water:Public: true