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0 Baths
2,686 sqft

$850,000

1502 North N Main Ave Avenue, Erwin TN, 37650

Price per sqft$316.46
Built in1996
Property size2,686 sqft
Property typeCommercial

Overview

Active

Listed Nov 13, 2025

Updated 8 days ago

This is a rare opportunity to acquire a highly visible commercial property at a strategic location near an interstate interchange in growing Erwin, Tennessee. Positioned on 1.29 acres adjacent to a busy gas station and convenience stop frequented by both travelers and local residents, this 2,686-square-foot building offers exceptional accessibility, exposure, and long-term business potential. The property has been home to Clarence's Drive-In, a well-known local landmark with strong community recognition and an established destination presence. However, the true value extends far beyond its history. The site presents a unique opportunity for an owner-user, franchise operator, investor, or developer seeking a location with built-in traffic and strong visibility. The existing layout accommodates approximately 90 indoor guests, includes outdoor seating, and offers the potential for drive-through service -- creating flexibility for a variety of future concepts. Whether envisioned as a restaurant, coffee concept, fast casual operation, retail destination, specialty food venue, convenience-oriented business, or other commercial use, this property is positioned to capitalize on consistent local and pass-through traffic. Located just moments from the interstate, the site benefits from the kind of convenience business owners actively seek, easy ingress and egress, strong visibility, and proximity to an established fuel stop that naturally attracts customers. Property is offered at $850,000 for the real estate only. Seller may consider owner financing for a qualified buyer. The operating restaurant business, equipment and goodwill may also be purchased for an additional $25,000.

Additional information

MLS® ID
9988252

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.29 Acres

The IDX display presents information sourced from the Tennessee / Virginia Regional Multiple Listing Service as of 9/17/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified.

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