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Investment Highlights

  • Income-producing retail property
  • Limited competing retail supply
  • Regional access via U.S. Highway 421
  • Value-add upside through leasing and rent growth
  • Downtown Mountain City location

Executive Summary

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. 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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
32,966 SF
Year Built
1980
Price
$1,998,071 CAD
Price Per SF
$60.61 CAD
Percent Leased
20%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.19
Lot Size
3.98 AC
Opportunity Zone
Yes
Zoning
Commercial

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 39052117

  • Date on Market: 2026-01-12

  • Last Updated:

  • Address: 150 Main st, Mountain City, TN 37683

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