Multifamily (Multi Family)

206 Gay Street St, Erwin, TN 37650

Historic Stories: 2

FOR SALE

Price: $725,000 Price Per ft²: $82.46 List Date: 2025-03-29 DOM: 32
City Tax: $1,994 County Tax: $3,355Utilities Expenses: $

Year Built: 1910 pre-1978 Homes

Total Area: 8,792 ft² (Finished & Unfinished)

Lot Size: 0.11 acre(s) Lot Dimensions: */- .11 acres Topography: See Remarks

Heating: Central Cooling: Central Air Water & Sewage: Public

Description

Own a Piece of Erwin's History - A Fully Renovated, Income-Producing Gem. Step into the past while embracing the future with this historic property in the heart of downtown Erwin. This beautifully restored building has been transformed into a multi-use space. The newly renovated interiors preserve the charm of its 1910 origins while offering modern conveniences. The first floor currently operates as an event venue, complete with a caterer's kitchen, making it an ideal setting for weddings, corporate events, pop-up markets, or even a unique restaurant concept. But the possibilities don't stop there—this space is a blank canvas waiting for your business dream to come to life! From a brewery or coffee shop to a retail storefront, art gallery, or co-working hub, this property has many possibilities. Two fully renovated apartments upstairs, one of which is a successful Airbnb, this property is not only a turnkey income generator but also a perfect space for short-term or long-term rentals. An additional private office space offers flexibility for remote work, creative endeavors, or even a boutique business suite. What a great opportunity to be a part of Erwin's history.