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28214397
32824131

1502 N Main Ave, Erwin, TN 37650

BS
TN TN 321218
The Brokers Realty and Auction
JW
TN 16224
The Brokers Realty and Auction
Listed by The Brokers Realty and Auction
$850,000
208 days on market
Updated 17 days ago
Opportunity zone

Clarence's Drive In 1502 N Main Avenue, Erwin, TN

Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,686
Price per SqFt $316
Class A
Year Built 1996

Retail | 2,686 SqFt

Marketing description

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, with the opportunity to purchase the operating restaurant business, equipment, and goodwill for an additional $150,000.

Investment highlights

Note: Property is being sold without the restaurant for $850,000 and can be purchased with the restaurant for an additional $150,000.

Listing Contacts

BS
TN TN 321218
The Brokers Realty and Auction
JW
TN 16224
The Brokers Realty and Auction
Listed by The Brokers Realty and Auction

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Additional Information

Name
Bryan Sangid
License
TN 321218
Brokerage Phone
423-656-0333
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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