Retail Space - For Sale
320 West Elk Avenue Elizabethton, TN 37643
Details & Description
Price: $650,000
  • Property Type Retail for Sale : Gas/Convenience
  • Lot Size Acres 0.580
  • Building Sq Ft 9,600
  • Building Price per Sq Ft $67.71
  • Land Sq Ft 25,264
  • Land Price per Sq Ft $25.73
320 West Elk Ave is being sold simultaneously with 318 West Elk Ave as a combined Retail Redevelopment site. This will provide a total combined lot size equal to .58 acres on the busiest retail corridor in Elizabethton, TN. The current combined Sq Ft of the existing buildings for both properties is over 9600 Sq Ft. The site should easily accomodate a 10K Sq Ft Retail Building or greater.INVESTMENT HIGHLIGHTSHighly Visible Location on Main Retail CorridorOver 27,000 AADT per dayCenter Turning Lane To Be Added To U.S. Route 321 Within the Next 9 MonthsThe site borders the Tweetsie Rail Trail which is a popular tourist attraction
Property Highlights
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Additional Photos
Listing Agents
Peter Malone

O: 865-299-6280
M: 615-554-2079
peter.malone@marcusmillichap.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

320 West Elk Avenue

Elizabethton, TN 37643

Listing ID: 300722
$650,000
For Sale
  • Property Type Retail for Sale : Gas/Convenience
  • Lot Size Acres 0.580
  • Building Sq Ft 9,600
  • Building Price per Sq Ft $67.71
  • Land Sq Ft 25,264
  • Land Price per Sq Ft $25.73
  • 320 West Elk Avenue Elizabethton, TN 37643 | for Sale | Photo 1
  • 320 West Elk Avenue Elizabethton, TN 37643 | for Sale | Photo 2
  • 320 West Elk Avenue Elizabethton, TN 37643 | for Sale | Photo 3
  • 320 West Elk Avenue Elizabethton, TN 37643 | for Sale | Photo 4
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320 West Elk Avenue | for Sale | Thumbnail 4
Property Highlights
 Retail Redevelopment site with 197 feet of Road Frontage
 New "Center Turning Lane" to be completed in the next 12 months which will increase accessability to site
 Located along Busy Retail Corridor
 Over 27,000 Vehicles pass this location daily
 Borders famous "Tweetsie" Rail Trail wwhich is a popular tourism attraction
 Site should easily accommodate a 10K+ Sq Ft Retail Building
Description

320 West Elk Ave is being sold simultaneously with 318 West Elk Ave as a combined Retail Redevelopment site. This will provide a total combined lot size equal to .58 acres on the busiest retail corridor in Elizabethton, TN. The current combined Sq Ft of the existing buildings for both properties is over 9600 Sq Ft. The site should easily accomodate a 10K Sq Ft Retail Building or greater.

INVESTMENT HIGHLIGHTS

Highly Visible Location on Main Retail Corridor

Over 27,000 AADT per day

Center Turning Lane To Be Added To U.S. Route 321 Within the Next 9 Months

The site borders the Tweetsie Rail Trail which is a popular tourist attraction

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Elizabethton Area Market Trends

Listing Demographics for 320 West Elk Avenue Elizabethton, TN 37643

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population4,51417,83932,348
Population Median Age434343
Population by Age0-9 Yrs528 (11%)1869 (10%)3150 (9%)
10-19 Yrs504 (11%)2049 (11%)3718 (11%)
20-29 Yrs381 (8%)2030 (11%)3820 (11%)
30-39 Yrs607 (13%)2174 (12%)3751 (11%)
40-49 Yrs643 (14%)2053 (11%)4104 (12%)
50-59 Yrs459 (10%)2579 (14%)4667 (14%)
60-69 Yrs644 (14%)2191 (12%)4514 (13%)
70+ Yrs749 (16%)2894 (16%)4622 (14%)
Median HH Income$37,173$39,937$39,566
Total Household Income< 24K529 (27%)2112 (28%)4185 (30%)
25-49K720 (37%)2380 (32%)4084 (29%)
50-74K350 (18%)1231 (16%)2305 (16%)
75-99K122 (6%)789 (10%)1352 (9%)
100-199K169 (8%)785 (10%)1519 (11%)
200K+8 (0%)109 (1%)201 (1%)
Highest Education LevelNo Diploma36620203544
Diploma or GED122450308964
Some College77328715328
Assoc. Degree3099181564
Bachelors Degree30912412515
Higher Degree3069621824
Total Housing Units2,1658,32815,604
--Owner-Occupied1,1644,8329,361
--Renter-Occupied7332,5744,286
Owner-Occupied Values< 100K39016563208
100-199K60922944252
200-299K1406581408
300-399K12143312
400-499K14789
500K+113491
Total Working Age Population3,65014,60726,989
In Work Force1,6937,12813,925
Not In Work Force1,9587,47913,064
Workforce Employed1,6036,76013,126
Workforce Unemployed83355771
Civlian Workforce1,6867,11513,897
Military Workforce61328
Total Households1,8977,40613,647
Family Households1,0874,8668,762
Non-Family Households8102,5404,885
Married Couple7843,3526,240
Other Family3031,5142,523
Married w/Child3039291,687
Single Male w/Child39274488
Single Female w/Child91578868

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Tennessee5,689,283+126,346,105+96,886,369+77,393,069
Sullivan County153,048+2156,823+1158,1990158,645
Carter County56,742+157,424-256,091-453,880
Washington County107,198+15122,979+6130,745+7139,510

Total Working Age Population:

Total Households:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Retail Space Listings for Sale Nearby
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1361 U.S. 19E, Elizabethton, TN CALL 7358 -
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9250 Old US Highway 421, Zionville, NC $149,000 1650 0.54
845 Village Boulevard, Abingdon, VA $4,016,250 33816 4.52
980 East Main Street, Abingdon, VA $1,300,000 4200 1.19
9440 North Carolina 226A, Marion, NC $775,000 5037 0.89
2250 Old US 421 South, Boone, NC $1,250,000 6855 0.81
615 Asheville Highway, Greeneville, TN $2,150,000 6000 11.5
65 McNeese Lane, Mosheim, TN $990,000 2257 1.83
Closest Commercial Airports
Airport Distance (mi)
Tri-Cities Regional TN/VA Airport (TRI) 13
Asheville Regional Airport (AVL) 66
Greenville Spartanburg International Airport (GSP) 101
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