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537 East Elk Avenue, Elizabethton, TN 37643 - $145,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sale Sub Type: MLS Number: 9995423
Living Area: 4,125 Lot Acreage: 0 Year Built: 1926
Elementary School: Middle School: High School:
Property Description
One of the last Buildings in Historic downtown Elizabethton on East Elk Ave that can be renovated! This property is a total renovation, however, stands centrally on the main downtown strip, and sits among multiple renovations, new business, and a growing downtown community. You aren't buying the building, but the location. Ample opportunity to bring this 1920's building back to life as retail, restaurant, office, or apartments, this 2 story, large square footage building is a steal at $35/ sq ft, and is surrounded by an already thriving community. the lower floor footprint is 25 feet by 115 feet, and upstairs can either be expanded or in its current layout could hold a 1250 sq ft office. This is most likely one of the last opportunities to get a truly cheap and unrenovated lot in downtown as prices and values rise. This property is being sold AS IS, needs demo, cleaning out, and major renovations, hence the price, but once done, will be yet another, and one of the last revived and beautified buildings bringing intrinsic value to the city's downtown district. All info to be verified by buyer/buyers agent.
Listing Status
Active
  • More Listing Info
    AC:Central Airtrue
    AC:None11true
    Business Type:ProfessionalOfficetrue
    Business Type:Retail2true
    Contract Info:ForeclosureNo
    Development Status:Infrastructure Intrue
    Electric Service:220 Voltstrue
    Exterior Finish:Block5true
    Exterior Finish:Brick4true
    General Property Description:# Restrooms2
    General Property Description:Acres0.0
    General Property Description:Annual Lease0.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size225 x 113
    General Property Description:Road Frontage Length25
    General Property Description:Stories32.0
    General Property Description:Total SqFt Finished4125.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2B3
    Heating:Electrictrue
    Heating:None7true
    Info Available:See Remarks28true
    Location Tax Legal Info:Block2
    Location Tax Legal Info:City Taxes400.0
    Location Tax Legal Info:County Taxes501.0
    Location Tax Legal Info:Deed Book #611
    Location Tax Legal Info:Deed Page #233
    Location Tax Legal Info:Lot #701
    Location Tax Legal Info:Plat MapF
    Other Equipment:None22true
    Property Condition:Fixertrue
    Property Condition:Poortrue
    Remarks Misc:Directions3left side of downtown east elk ave, faux white brick.
    Remarks Misc:Public Remarks7One of the last Buildings in Historic downtown Elizabethton on East Elk Ave that can be renovated! This property is a total renovation, however, stands centrally on the main downtown strip, and sits among multiple renovations, new business, and a growing downtown community. You aren't buying the building, but the location. Ample opportunity to bring this 1920's building back to life as retail, restaurant, office, or apartments, this 2 story, large square footage building is a steal at $35/ sq ft, and is surrounded by an already thriving community. the lower floor footprint is 25 feet by 115 feet, and upstairs can either be expanded or in its current layout could hold a 1250 sq ft office. This is most likely one of the last opportunities to get a truly cheap and unrenovated lot in downtown as prices and values rise. This property is being sold AS IS, needs demo, cleaning out, and major renovations, hence the price, but once done, will be yet another, and one of the last revived and beautified buildings bringing intrinsic value to the city's downtown district. All info to be verified by buyer/buyers agent.
    Restrictions:Other37true
    Road Access:City Streettrue
    Roof:Rubbertrue
    Sale Includes:Fee Simpletrue
    Sewer:Public Sewertrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
REMAX Checkmate, Inc. Realtors
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