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420 E Elk Ave, Elizabethton TN 37643 420 E Elk Ave 2,820 SF Retail Building Elizabethton, TN 37643 $527,524 CAD ($187.07 CAD/SF)
Executive Summary
EXCEPTIONAL OPPORTUNITY to own a fully operational, updated restaurant in the heart of Elizabethton's vibrant Historic Downtown District. Positioned at the convergence of three one-way downtown streets, the highly visible corner location has long served as a landmark establishment within the community. Exposure to apprx 10,000 -14,000 traffic count daily. The sale includes the building, all restaurant furnishings, and owned equipment, providing a true turnkey opportunity. Currently home to the iconic Dino's Restaurant, a beloved local institution established in 1963. Purchase of the Dino's business, name, recipes, and branding is available separately for an additional price.
Property Highlights
- Three dining rooms, includes a private events room
- Updated commercial stainless-steel kitchen (2025)
- Updated plumbing and electrical phase3, 220V (2025)
- Gas and electric cooking capabilities - New gas and electric fryers (2025)
- Updated Sprinkler, hood, exhaust, and suppression systems regularly inspected and up to date
- Three maintained electric HVAC units (3-10yrs)
- Two walk-in dry storage rooms
- Private office and dish area
- Two upright freezers and one upright reach-in refrigerator
- $10,000 security system conveys
- ALCOHOL permit is an option
See attached for equipment and furnishings list.. Professional photos coming soon.
Property Highlights
- Three dining rooms, includes a private events room
- Updated commercial stainless-steel kitchen (2025)
- Updated plumbing and electrical phase3, 220V (2025)
- Gas and electric cooking capabilities - New gas and electric fryers (2025)
- Updated Sprinkler, hood, exhaust, and suppression systems regularly inspected and up to date
- Three maintained electric HVAC units (3-10yrs)
- Two walk-in dry storage rooms
- Private office and dish area
- Two upright freezers and one upright reach-in refrigerator
- $10,000 security system conveys
- ALCOHOL permit is an option
See attached for equipment and furnishings list.. Professional photos coming soon.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,820 SF
Building Class
C
Year Built
1926
Price
$527,524 CAD
Price Per SF
$187.07 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.59
Lot Size
0.11 AC
Zoning
B3 - B-3 Central Business zoning allows a wide variety of retail, office, restaurant, hospitality, entertainment, and mixed-use development in a pedestrian
Parking
5 Spaces (1.77 Spaces per 1,000 SF Leased)
Frontage
47’ on East Elk Avenue
Amenities
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Car Charging Station
- Air Conditioning
- Smoke Detector
- Awning
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 54
Videos
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Photos
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Presented by
Lantern Real Estate
420 E Elk Ave, Elizabethton TN 37643 | 420 E Elk Ave
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