$3,300,000
Elizabethton, TN 37643
MLS# 9977141
Status: Closed
30000 sqft

1 / 5
Property Description
Fully Leased Commercial Property in Carter County, TN! Exceptional investment opportunity in great location of Carter County, TN! This fully leased commercial property boasts high-credit tenants, including Dollar Tree, Farm Bureau, and Tennessee state offices (DMV, Department of Children Services and Human Services). With brand-new or recently renewed leases, this property offers long-term stability and reliable cash flow for investors. Key Features: - Strong Tenant Mix - National and government-backed tenants ensure a secure investment. - Prime Location - Centrally located in Carter County, making it easily accessible to area residents. - High Visibility & Traffic - Situated directly off U.S. Highway 19E, a major four-lane highway with excellent exposure. - Turnkey Investment - No immediate lease-up risk, as all tenants have just signed or renewed long-term leases. - Great Pricing - Offered at an attractive price for a fully occupied commercial asset. Carter County is rapidly growing as more people seek affordable living, beautiful mountain scenery, and a strong sense of community. The area's low cost of living, outdoor recreation opportunities (including Watauga Lake, the Appalachian Trail, and Roan Mountain), and proximity to Johnson City and the Tri-Cities region make it a desirable place to live and do business. With Tennessee's business-friendly tax environment and no state income tax, this is an ideal location for both businesses and investors. Don't miss out on this stable, high-performing commercial asset in a growing market! Contact today for more information. Owner/Agent
Details
Maps
Location, Tax & Legal Info
Parcel ID: 049d B 001.01
City Taxes: 5712.3
County Taxes: 7547.16
Contract Info
List Price/SqFt: 113.33
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 3400000
Current Price: $3,300,000
Listing Date: 2025-03-12
General Property Description
Acres: 2.26
Lease: Yes
Lot Size: +/-2.26 ac
Zoning: Commercial
HOA Y/N: No
Total SqFt Finished: 30000
Total SqFt Unfinished: 0
Annual Lease $: 341000
Year Built: 1987
Total SqFt: 30000
Remarks & Misc
Public Remarks: Fully Leased Commercial Property in Carter County, TN!
Exceptional investment opportunity in great location of Carter County, TN! This fully leased commercial property boasts high-credit tenants, including Dollar Tree, Farm Bureau, and Tennessee state offices (DMV, Department of Children Services and Human Services). With brand-new or recently renewed leases, this property offers long-term stability and reliable cash flow for investors.
Key Features:
- Strong Tenant Mix - National and government-backed tenants ensure a secure investment.
- Prime Location - Centrally located in Carter County, making it easily accessible to area residents.
- High Visibility & Traffic - Situated directly off U.S. Highway 19E, a major four-lane highway with excellent exposure. - Turnkey Investment - No immediate lease-up risk, as all tenants have just signed or renewed long-term leases.
- Great Pricing - Offered at an attractive price for a fully occupied commercial asset.
Carter County is rapidly growing as more people seek affordable living, beautiful mountain scenery, and a strong sense of community. The area's low cost of living, outdoor recreation opportunities (including Watauga Lake, the Appalachian Trail, and Roan Mountain), and proximity to Johnson City and the Tri-Cities region make it a desirable place to live and do business. With Tennessee's business-friendly tax environment and no state income tax, this is an ideal location for both businesses and investors.
Don't miss out on this stable, high-performing commercial asset in a growing market! Contact today for more information.
Owner/Agent
Directions: From Broad St. in Elizabethton turn on 19E towards Hampton. Property is on the right in approximately 1.5 miles.
Business Type
Office/Showroom: 1
Retail: 1
Exterior Finish
Block: 1
Metal Siding: 1
Other Equipment
See Remarks: 1
Road Access
City Street: 1
Highway: 1
Electric Service
See Remarks: 1
Development Status
See Remarks: 1
Heating
Central: 1
Info Available
See Remarks: 1
AC
Central Air: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
See Remarks: 1
Location Tax Legal Info
Street #: 1749
Street Name: Hwy 19e
County: Carter
State/Province: TN
Zip Code: 37643
Area: 317 - City of Elizabethton
Status Change Info
Date Pending: 2025-08-27
Sold Date: 2025-11-24
Sold Price: $3,300,000
Property Features
Business Type: Office/Showroom; Retail
Exterior Finish: Block; Metal Siding
Other Equipment: See Remarks
Electric Service: See Remarks
Development Status: See Remarks
Heating: Central
AC: Central Air
Water: Public
Sewer: Public Sewer
Road Access: City Street; Highway
Info Available: See Remarks
Restrictions: See Remarks
Financing: Cash; Conventional
Sale Includes: See Remarks
Listing Office: The Elite Team Agency
Last Updated: November - 25 - 2025
Information deemed reliable but not guaranteed.