Erwin, TN 37650,214 Gay ST
Erwin, TN 37650,214 Gay ST
Erwin, TN 37650,214 Gay ST
Erwin, TN 37650,214 Gay ST
Erwin, TN 37650,214 Gay ST
Erwin, TN 37650,214 Gay ST
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$ 850,000
Est. payment | /mo

4,750 SqFt


Save
$ 850,000
Est. payment | /mo
Save

4,750 SqFt

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 4,750 sqft

Price per Sqft $178

Subdivision Not In Subdivision

MLS Listing ID 9976250

HOA Y/N No

Total Fin. Sqft 4750

Originating Board Tennessee/Virginia Regional MLS

Year Built 1916

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 26' x 99' x 27' x 99'

Property Description

Prime Investment Opportunity in Downtown Erwin! Work in your building, live in your building and rent the other unit to pay for part of your mortgage!

Located at 214 Gay St, Erwin, TN, this beautifully updated mixed-use property offers endless potential for investors and entrepreneurs alike. The 2,475 sq. ft. lower level has been completely renovated and is ideal for a restaurant, event space, meeting venue, or retail establishment. Featuring a full kitchen, two restrooms, and both front and rear entrances, this versatile space is ready for immediate use.

Upstairs, you'll find two of the most stunning Airbnb units in the region. These high-end, loft-style short-term rentals are designed to impress, with spacious open-concept layouts, sleek modern kitchens featuring top-tier appliances, and spa-like bathrooms rivaling any luxury resort. One unit boasts breathtaking mountain views, while the other offers a charming cityscape overlooking Gay Street.

No expense was spared in the renovation, ensuring maximum rental income potential for both short- and long-term stays. Whether you're looking for a turnkey investment property or a dynamic space for your business, this is an opportunity you don't want to miss!

Schedule your showing today and secure Erwin's premier property! R# 1496

Location

State TN

County Unicoi

Community Not In Subdivision

Area 0.06

Zoning Commercial

Direction Head northeast on S Main Ave toward Gay St 69 ft Turn right at the 1st cross street onto Gay St

Interior

Heating Central

Cooling Central Air

Equipment Dryer, Range, Washer

Heat Source Central

Exterior

Roof Type Rubber

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 023n W 006.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Shane O'Hare • REMAX Checkmate, Inc. Realtors
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Serving All Northeast Tennessee with concentration on Tri-Cities and surrounding area.

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214 Gay ST