$535,000
Erwin, TN 37650
MLS# 9977982
Status: Closed
8792 sqft

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Property Description
Own a Piece of Erwin's History - A Fully Renovated, Income-Producing Gem. Step into the past while embracing the future with this historic property in the heart of downtown Erwin. This beautifully restored building has been transformed into a multi-use space. The newly renovated interiors preserve the charm of its 1910 origins while offering modern conveniences. The first floor currently operates as an event venue, complete with a caterer's kitchen, making it an ideal setting for weddings, corporate events, pop-up markets, or even a unique restaurant concept. But the possibilities don't stop there—this space is a blank canvas waiting for your business dream to come to life! From a brewery or coffee shop to a retail storefront, art gallery, or co-working hub, this property has many possibilities. Two fully renovated apartments upstairs, one of which is a successful Airbnb, this property is not only a turnkey income generator but also a perfect space for short-term or long-term rentals. An additional private office space offers flexibility for remote work, creative endeavors, or even a boutique business suite. What a great opportunity to be a part of Erwin's history.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 023n W 002.03
City Taxes: 1993.6
County Taxes: 3355.01
Contract Info
List Price/SqFt: 68.13
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 599000
Current Price: $535,000
Listing Date: 2025-03-29
General Property Description
Lot Dimensions: */- .11 acres
Acres: 0.11
Zoning: Commercial
Elementary School: Rock Creek
# of Units: 1
Middle School: Unicoi Co
Total Units: 4
High School: Unicoi Co
Stories: 2
HOA Y/N: No
Property Sub-Type: Multi Family
Year Built: 1910
Total SqFt: 8792
Remarks & Misc
Public Remarks: Own a Piece of Erwin's History - A Fully Renovated, Income-Producing Gem. Step into the past while embracing the future with this historic property in the heart of downtown Erwin. This beautifully restored building has been transformed into a multi-use space. The newly renovated interiors preserve the charm of its 1910 origins while offering modern conveniences. The first floor currently operates as an event venue, complete with a caterer's kitchen, making it an ideal setting for weddings, corporate events, pop-up markets, or even a unique restaurant concept. But the possibilities don't stop there—this space is a blank canvas waiting for your business dream to come to life! From a brewery or coffee shop to a retail storefront, art gallery, or co-working hub, this property has many possibilities. Two fully renovated apartments upstairs, one of which is a successful Airbnb, this property is not only a turnkey income generator but also a perfect space for short-term or long-term rentals. An additional private office space offers flexibility for remote work, creative endeavors, or even a boutique business suite. What a great opportunity to be a part of Erwin's history.
Directions: Directions from tri-cities Take Interstate 26 East. Take exit 37 for TN-81 and turn left toward Erwin. Turn right on to North Main Avenue. Turn left on to Gay Street Property will be
located on your right.
Exterior Finish
Brick: 1
Unit 1
SqFt: 8792
Unit 2
# Bedrooms: 2
# Bathrooms: 1
Style
Historic: 1
Roof
Other: 1
Unit 3
# Bedrooms: 2
# Bathrooms: 1
Unit 4
# Units: 1
Heating
Central: 1
AC
Central Air: 1
Utilities
See Remarks: 1
Water
Public: 1
Sewer
Public Sewer: 1
Topography/Lot Description
See Remarks: 1
Easements
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Structure Type
Multi Family: 1
Office: 1
Retail: 1
Location Tax Legal Info
Street #: 206
Street Name: Gay Street
St Suffix: Street
County: Unicoi
State/Province: TN
Zip Code: 37650
Status Change Info
Date Pending: 2025-10-02
Sold Date: 2025-11-19
Sold Price: $535,000
Property Features
Style: Historic
Exterior Finish: Brick
Roof: Other
Heating: Central
Water: Public
Sewer: Public Sewer
AC: Central Air
Utilities: See Remarks
Structure Type: Multi Family; Office; Retail
Easements: See Remarks
Financing: Cash; Conventional
Listing Office: The Elite Team Agency
Last Updated: November - 21 - 2025
Information deemed reliable but not guaranteed.