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32758351
32758350

5725 Highway 11E, Piey Flats, TN 37686

CP
TN 355538
$649,900
23 days on market
Updated 22 days ago

5725 Highway 11E

Details
APN 124k D 012.00
Property Type Retail, Mixed Use
Sub Type Convenience Store, Restaurant (+1)
Square Footage 5,600
Price per SqFt $116
Acreage 0.720
Parking Spaces 20 spaces
Parking Per SqFt 3.57
Ground Lease No

Prime Mixed-Use Investment Opportunity with a storefront and 3 apartment units

Marketing description

Prime Mixed-Use Investment Opportunity in the heart of Piney Flats! Positioned along highly traveled Hwy 11E, this exceptional mixed-use property offers outstanding visibility and versatility in one of Piney Flats' most central and high-traffic locations. The ground level features a spacious commercial storefront ready to bring your vision to life. Whether you're considering a laundromat, boutique retail shop, restaurant, café, hair salon, or service-based business, the possibilities are wide open in this adaptable space. Upstairs, the property includes three income-producing apartments, providing immediate revenue potential. One of the units is a unique two-story apartment, adding character and appeal for tenants seeking something beyond the standard layout. There is a newer metal roof, HVAC, and windows. The property has been completely renovated. One apartment is rented under a month-to-month lease. The seller has used this building for personal use since the purchase. Additional highlights include: * Over 20 parking spaces, a rare and valuable feature for both commercial and residential use * Excellent road frontage and visibility on a major corridor * Strong rental income potential with mixed-use flexibility *4 sets of washer/dryer convey *5 stoves/5 refrigerators convey *commercial drink cooler conveys *Centrally located with convenient access to Johnson City, Bristol, and surrounding Tri-Cities areas. This property is ideal for investors or owner-operators looking to run a business while generating supplemental rental income, or for those seeking a high-exposure commercial asset in a growing area. Don't miss this opportunity to own a versatile property in a prime Piney Flats location!

Investment highlights

  • Over 20 parking spaces, a rare and valuable feature for both commercial and residential use
  • Excellent road frontage and visibility on a major corridor
  • Strong rental income potential with mixed-use flexibility
  • 4 sets of washer/dryer convey
  • 5 stoves/5 refrigerators convey
  • commercial drink cooler conveys
  • Centrally located with convenient access to Johnson City, Bristol, and surrounding Tri-Cities areas. This property is ideal for investors or owner-operators looking to run a business while generating supplemental rental income, or for those seeking a high-exposure commercial asset in a growing area.

Listing Contacts

CP
TN 355538

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Additional Information

Name
CAMILLE POOR
License
355538
Brokerage
Cry-Leike Realtors
Brokerage Phone
423.232.0099
Title
Affliate
Brokerage Address
128 Princeton Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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