1502 North N Main Ave Avenue Erwin, TN $ 850,000
1502 North N Main Ave Avenue
$ 850,000
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1502 North N Main Ave Avenue

Erwin, TN, 37650
$ 850,000
Bedrooms-- Baths-- Sq 2,686

Monthly Estimate*

$ 5,234

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Commercial Property for sale in Erwin, TN

for $850,000. This 2,686 square foot building was built in 1996 on a lot size of 1.29.

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, with the opportunity to purchase the operating restaurant business, equipment, and goodwill for an additional $150,000.

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Commercial Active

Price

$ 850,000

Property Type

Commercial

Taxes

$ 7,188

Style

Lot Size

1.29

Year Built

1996

Town/City

Erwin

County/Region

Unicoi

MLS | Web ID

9988252

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof See Remarks
Development Status See Remarks
Zoning Business
Construction Materials Brick
Year Built 1996
Electric See Remarks
Business Type Restaurant
County Unicoi
New Construction false
Property Type Commercial Sale
HOA false
Status Active
Directions Exit 36 off highway 26 straight to main street. Restaurant directly across from stop light.
City Erwin
MLS Area 311 - Unicoi County
Lot Size Units Acres
Lot Size Square Feet 56192.4
Property Condition Above Average
MLS Area Minor 311 - Unicoi County
Standard Status Active
Conventional true
Cash true
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 1.29
Building Area Total 2686
Lot Dimensions +/- 1.29 acres
Lot Size Acres 1.29
Road Frontage Type See Remarks
Other Equipment See Remarks
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* Excluded Features
List By
Bryan Sangid

Listing Agent

The Elite Team Agency

Broker

bsangid@outlook.com

Email

Affordability Calculator

$5,833
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$599
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/21/2026$850,000 -22.73% Price Down
2/11/2026$1,100,000 Listed Price

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1502 North N Main Ave Avenue, Erwin, TN, 37650 is a Commercial Property for sale at $850,000 with 2,686 sqft and a lot size of 1.29. 1502 North N Main Ave Avenue was built in 1996. The property's zip code is 37650 which is in Erwin, TN