Active
214 Gay Street
Erwin TN, 37650
$850,000
$178.95 per sqft
Active
4,750 sqft
Commercial
Built in 1916
Prime Investment Opportunity in Downtown Erwin! Work in your building, live in your building and rent the other unit to pay for part of your mortgage!
Located at 214 Gay St, Erwin, TN, this beautifully updated mixed-use property offers endless potential for investors and entrepreneurs alike. The 2,475 sq. ft. lower level has been completely renovated and is ideal for a restaurant, event space, meeting venue, or retail establishment. Featuring a full kitchen, two restrooms, and both front and rear entrances, this versatile space is ready for immediate use.
Upstairs, you'll find two of the most stunning Airbnb units in the region. These high-end, loft-style short-term rentals are designed to impress, with spacious open-concept layouts, sleek modern kitchens featuring top-tier appliances, and spa-like bathrooms rivaling any luxury resort. One unit boasts breathtaking mountain views, while the other offers a charming cityscape overlooking Gay Street.
No expense was spared in the renovation, ensuring maximum rental income potential for both short- and long-term stays. Whether you're looking for a turnkey investment property or a dynamic space for your business, this is an opportunity you don't want to miss!
Schedule your showing today and secure Erwin's premier property! R# 1496
9976250
MLSⓇ ID
February 19, 2025
Listed
February 21, 2025
Updated
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.06 Acres
Roof
Rubber
Sewer
Public Sewer
Other Property Details
Area Name
312 - Erwin
Days on Market
5
Garage
No
View
No
County
Unicoi
Water Source
Public
Pool
No
Zoning
Commercial
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