307 John Hunter Hwy Elora, TN $ 264,900
307 John Hunter Hwy
$ 264,900
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307 John Hunter Hwy

Elora, TN, 37328
$ 264,900
Bedrooms-- Baths-- Sq 5,250

Monthly Estimate*

$ 1,631

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Commercial Property for sale in Elora, TN

for $264,900. This 5,250 square foot building was built in 1997 on a lot size of 2.

Unlock the potential of this 6-unit retail property in Elora, offering a prime value-add investment opportunity with multiple income streams and significant upside. 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.

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Commercial Active

Price

$ 264,900

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

2

Year Built

1997

Town/City

Elora

County/Region

Lincoln

MLS | Web ID

3180111

Features
General
Possession Close Of Escrow
Zoning Commercial
Year Built 1997
Property Subtype Retail
County Lincoln County TN
Property Type Commercial Sale
Status Active
Directions US 64 W then turn left onto County Line Rd S then take a right onto TN-122 W (John Hunter Hwy) for approx 2.2 miles
City Elora
Lot Size Units Acres
Property Attached Y/N N
Building Area Units Square Feet
Standard Status Active
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Exterior
Total Parking 0
Lot Size Area 2
Building Area Total 5250
Lot Size Acres 2
Lot Size Source Assessor
Waterfront Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
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Internal Only
Street Number 1 307
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* Excluded Features
List By
Go Realty, Llc

Broker

jayrj4201@gmail.com

Email

Affordability Calculator

$1,631
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,631
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/21/2026$264,900 Listed Price

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307 John Hunter Hwy, Elora, TN, 37328 is a Commercial Property for sale at $264,900 with 5,250 sqft and a lot size of 2. 307 John Hunter Hwy was built in 1997. The property's zip code is 37328 which is in Elora, TN