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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
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