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200 & 202 West Main Street, Mount Carmel, TN 37645 - $389,900

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Blue Ridge Properties Listing

200 & 202 West Main Street, Mount Carmel, TN 37645 (MLS #9994140)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Sale

Sub Type:

MLS Number: 9994140

Lot Acreage: 1.00000

Living Area: 2,250

Year Built:1945

Elementary School:

Middle School:

High School:

Public Remarks: Welcome to 200 & 202 W Main Street, a rare investment and development opportunity in the heart of Mount Carmel. Positioned in a highly visible location with valuable MX2 zoning, this unique property offers outstanding flexibility for investors, business owners, and developers looking to capitalize on a prime in-town setting. Situated on approximately one acre of deep, level land, the property is ready for your next vision. Whether you are looking to expand your rental portfolio, develop additional residences, explore mixed-use potential, or create a new commercial concept, the zoning opens the door to a wide range of possibilities. Opportunities with this level of versatility are difficult to find. The property currently features two income-producing dwellings, both tenant occupied and generating immediate cash flow. One residence rents for $1,295 per month and the second rents for $950 per month, providing built-in income while planning future development. Excellent location, strong upside potential, existing rental income, nearly one acre of usable land, and flexible MX2 zoning make this an exceptional offering in growing Mount Carmel. Showings require a minimum 48-hour notice and must be accompanied by the listing agent or property manager out of respect for tenant privacy. All information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information, zoning, and intended use.

Listing Courtesy:The Addington Agency Bristol

More Listing Info:

AC:Window Unit(s): true

Business Type:Residential2: true

Contract Info:Foreclosure: No

Development Status:Cleared2: true

Development Status:Finished Lot(s): true

Electric Service:220 Volts: true

Exterior Finish:Asbestos: true

Exterior Finish:Vinyl Siding: true

General Property Description:Acres: 1.0

General Property Description:Annual Lease: 26940.0

General Property Description:HOA YN: No

General Property Description:Lease: No

General Property Description:Lot Size2: 100M X 407 IRR

General Property Description:Total SqFt Finished: 2250.0

General Property Description:Total SqFt Unfinished: 896.0

General Property Description:Zoning2: MX-2

Heating:Fireplace(s): true

Heating:Natural Gas2: true

Info Available:Floor Plan: true

Info Available:Leases2: true

Location Tax Legal Info:Block: 1

Location Tax Legal Info:City Taxes: 679.99

Location Tax Legal Info:County Taxes: 1092.73

Location Tax Legal Info:Deed Book #: 1249

Location Tax Legal Info:Deed Page #: 45

Location Tax Legal Info:Lot #: 14

Location Tax Legal Info:Plat Map: B

Other Equipment:Basement4: true

Property Condition:Above Average: true

Remarks Misc:Directions3: From i81, take exit 57B. In 8.4 miles, take exit 1. 03. miles, turn left to W Stone Dr. S, in 4.5 miles, turn right. in 90 ft turn left. the property is on your right in 800ft. GPS friendly.

Remarks Misc:Public Remarks7: Welcome to 200 & 202 W Main Street, a rare investment and development opportunity in the heart of Mount Carmel. Positioned in a highly visible location with valuable MX2 zoning, this unique property offers outstanding flexibility for investors, business owners, and developers looking to capitalize on a prime in-town setting. Situated on approximately one acre of deep, level land, the property is ready for your next vision. Whether you are looking to expand your rental portfolio, develop additional residences, explore mixed-use potential, or create a new commercial concept, the zoning opens the door to a wide range of possibilities. Opportunities with this level of versatility are difficult to find. The property currently features two income-producing dwellings, both tenant occupied and generating immediate cash flow. One residence rents for $1,295 per month and the second rents for $950 per month, providing built-in income while planning future development. Excellent location, strong upside potential, existing rental income, nearly one acre of usable land, and flexible MX2 zoning make this an exceptional offering in growing Mount Carmel. Showings require a minimum 48-hour notice and must be accompanied by the listing agent or property manager out of respect for tenant privacy. All information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information, zoning, and intended use.

Restrictions:See Remarks34: true

Road Access:City Street: true

Roof:Metal3: true

Sale Includes:Fee Simple: true

Sewer:Public Sewer: true

Utilities:Cable Available: true

Utilities:Electricity Connected: true

Utilities:Natural Gas Connected: true

Utilities:Water Connected: true

Water:Public: true