Union Street Property

Retail-Commercial for Sale
Catylist Listing ID: 29966678
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Street Retail
Building Size (RSF): 3,120 SF
Gross Land Area: 3,120 SF
Sale Price: $99,900
Unit Price: $32.02 PSF
Property Use Type: Investment
Building Name: Rynders Building
Usable Size (USF): 3,120 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/24/2017

Overview / Comments

Position in downtown Erwin, this former restaurant and church is now available For Sale. Located on the corner of Nolichucky Ave and Union Street across from Union Station and the new skate park makes this a high visibility location in downtown Erwin. As the downtown is revitalizing this space will be highly sought after and tenantable for many types of business activities. Call today for you confidential tour.

Additional Details

Nearest MSA: Johnson City
County: Unicoi
Taxing Authority: Unicoi County
Tax ID/APN: 023N T 006.00
Zoning: B-2
Retail Clientele: General, Business, Tourist, Other
Largest Nearby Street: Nolichucky Avenue
Highway Access: Access to the front of the building from Union Street with parking along Nolichucky Avenue and access from the rear alley.
Airports: TRI - Tri Cities Regional Airport
Site Description: Level site, located on a hard corner across from the Union Station in downtown Erwin.
Area Description: Revitalized and re-energized section of downtown Erwin, in the main business district not from the former CSX buildings.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,120 SF
Property Condition: Average
Year Built: 1945
Year Renovated: 1980
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Brick building with large display windows along Union Street.
Sprinklers: None
Heat Type: Electricity, Space Heaters
Heat Source: Baseboard, Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL, Satellite
Interior Description: Comprised of mostly three rooms, and those could be opened up to provide even more space for an open venue.
Zoning Description: B-2, Business
Lot Frontage: 40'
Lot Depth: 75'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: Upon request

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,372 11,897 13,869
Median Age: 44.54 44.94 44.7
Households: 1,470 5,014 5,819
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