1502 N Main Ave AVE Erwin, TN 37650
2,686 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,686 sqft
Price per Sqft $316
MLS Listing ID 9988252
HOA Y/N No
Total Fin. Sqft 2686
Year Built 1996
Lot Size 1.290 Acres
Acres 1.29
Lot Dimensions +/- 1.29 acres
Source Tennessee/Virginia Regional MLS
Property Description
The property has been home to Clarence's Drive-In, a well-known local landmark with strong community recognition and an established destination presence. However, the true value extends far beyond its history. The site presents a unique opportunity for an owner-user, franchise operator, investor, or developer seeking a location with built-in traffic and strong visibility.
The existing layout accommodates approximately 90 indoor guests, includes outdoor seating, and offers the potential for drive-through service -- creating flexibility for a variety of future concepts. Whether envisioned as a restaurant, coffee concept, fast casual operation, retail destination, specialty food venue, convenience-oriented business, or other commercial use, this property is positioned to capitalize on consistent local and pass-through traffic.
Located just moments from the interstate, the site benefits from the kind of convenience business owners actively seek, easy ingress and egress, strong visibility, and proximity to an established fuel stop that naturally attracts customers.
Property is offered at $850,000 for the real estate only. Seller may consider owner financing for a qualified buyer. The operating restaurant business, equipment and goodwill may also be purchased for an additional $25,000.
Location
State TN
County Unicoi
Area 1.29
Zoning Business
Direction Exit 36 off highway 26, straight to main street. Restaurant directly across from stop light.
Interior
Heating Central
Cooling Central Air
Equipment See Remarks
Heat Source Central
Exterior
Roof Type See Remarks
Road Frontage See Remarks
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 024 006.11
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Nearby Locations
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