Investment Opportunity - Income Producing l Value-Add

150 E Main St , Mountain City, TN 37683

Property Information

  • For Sale $1,450,000
  • Property Type Retail
  • Property Size 32,966 SF
  • Units 2
  • Lot Size 3.98 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1980
  • Date Updated Jun 23, 2026

Description

The property is prominently located in the heart of downtown Mountain City, Tennessee, the county seat of Johnson County. Overall, the center represents a well-positioned downtown location with strong community presence and long-term stability. The property benefits from excellent visibility and accessibility along Church Street, a primary corridor serving the town’s central business district. Surrounded by a mix of retail, service-oriented businesses, government offices, and residential neighborhoods, the location serves as a convenient hub for both residents and visitors with easy access to U.S. Highway 421 enhances connectivity to Boone, NC, Bristol, TN/VA, and other regional markets.This investment opportunity consists of a 32,966± square foot retail building situated on approximately 3.98 acres at a signalized intersection, providing excellent visibility, access, and traffic exposure. The property is improved with a former grocery store footprint and is partially occupied by AutoZone, a nationally recognized automotive retailer that provides stable in-place income and consistent customer traffic. The former grocery space offers a flexible layout with strong fundamentals for re-tenanting, redevelopment, or adaptive reuse, including ample square footage, strong ceiling heights, and favorable parking ratios. The site’s large acreage allows for additional value-add opportunities such as subdivision, pad development, or reconfiguration to accommodate multiple tenants.

Highlights

  • Convenient access to U.S. Highway 421
  • Income-producing retail asset
  • Limited competing retail supply in the trade area
  • Located in the heart of downtown Mountain City
  • Proximity to outdoor tourism and recreation
  • Strong local and regional draw
  • Value-add upside through leasing and rent growth

Contacts

Location

Contact Listing Broker
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