307 John Hunter Hwy Elora, TN 37328
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,250 sqft
Price per Sqft $41
MLS Listing ID 3180111
Year Built 1997
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Retail
Property Description
The property features 6 total units, with 2 currently leased at $500/month each on month-to-month terms, providing immediate income while allowing flexibility to increase rents or reposition tenants. With pro forma rents, the property has the potential to generate $3,000+ per month once stabilized.
In addition to the retail spaces and one has cafe or restaurant potential, the property includes multiple storage containers, and a dedicated parking lot, creating additional revenue opportunities and enhancing overall cash flow potential.
Recent electrical updates have already been completed, reducing upfront improvement costs and adding to the property's long-term value.
Whether you're an investor looking to reposition and maximize rents or seeking a multi-use commercial asset with strong upside, this property offers a compelling opportunity in a growing rural market.
Bring your vision and capitalize on the potential—opportunities like this don't last long.
Location
State TN
County Lincoln County
Zoning Commercial
Interior
Fireplace N
Others
Special Listing Condition Standard
Save $24K+ On Your Next Home
Watch this step by step blueprint on how to get the best home at the best price in the best neighborhood by using our EquityPath System™
BOOK YOUR DISCOVERY CALL TODAY | Unlock your free access to the EquityPath™ System 👉🏼
As Featured On
Buy Smart. Negotiate Hard. Close Like A Pro.
Ready to buy your dream home with confidence? The Home Buyers Success Academy is your step-by-step guide to mastering the entire process -from smart, financial planning with AI to negotiating like a pro and closing with ease. Inside, you'll find eleven powerful chapters designed to make you feel informed, empowered, and in control. Say goodbye to confusion and hello to clarity. This is more than a course- it's your roadmap to home ownership.
Download The E-Book Here
Learn how our mortgage concierge program will save you $25K on virtually any home on the market!
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION