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Active

1502 North N Main Ave Avenue

Erwin, TN 37650

$850,000

  • 2,686sq ft
  • 1.29acres

About this property

This is a rare opportunity to acquire a highly visible commercial property at a strategic location near an interstate interchange in growing Erwin, Tennessee. Positioned on 1.29 acres adjacent to a busy gas station and convenience stop frequented by both travelers and local residents, this 2,686-square-foot building offers exceptional accessibility, exposure, and long-term business potential. 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.

Property details

Property type
Commercial Sale
Status
Active
MLS number
9988252
Living area
2,686 sq ft
Lot size
1.29 ac
Year built
1996
Days on market
336
Price per sq ft
$316

Features

Systems

Heating
Central
Cooling
Central Air
Water
Public
Sewer
Public Sewer

Construction

Roof
See Remarks
Materials
Brick

Exterior and lot

Road frontage
See Remarks

Location and legal

County
Unicoi
Area
311 - Unicoi County
Parcel number
024 006.11
Zoning
Business
HOA
None

Listing history

  1. Price reduced from $1,100,000 to $850,000
  2. Listed

Location

1502 North N Main Ave Avenue, Erwin, TN 37650

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