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Mountain City Shopping Center 150 Main st 32,966 SF 20% Leased Retail Building Mountain City, TN 37683 $1,998,071 CAD ($60.61 CAD/SF)



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.
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
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
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Mountain City Shopping Center | 150 Main st
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