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| Bedrooms: | 0 | Full Bathrooms: | 0 | Half Bathrooms: | 0 |
| Type: | Commercial Sale | Sub Type: | MLS Number: | 9994140 | |
| Living Area: | 2,250 | Lot Acreage: | 1 | Year Built: | 1945 |
| Elementary School: | Middle School: | High School: |
Property Description
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 Status
Active
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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 Videos: (none) Virtual Tours: (none)
Listing Courtesy:
The Addington Agency Bristol
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