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Listed price in listed location currency (USD).
$264,900

000

MLS® 3180111

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 7
Lot Size 
Approx. Age 1997
MLS® Number 3180111

Property Address: 307 John Hunter Hwy, Elora, TN, 37328-4139

Average square foot calculated using Size range provided by listing agent.

Description

Unlock the potential of this 6-unit retail property in Elora, offering a prime value-add investment opportunity with multiple income streams and significant upside. The property features 6 total units, with 2 currently leased at $500/month each on month-to-month terms, providing immediate income while allowing flexibility to increase rents or reposition tenants. With pro forma rents, the property has the potential to generate $3, 000+ per month once stabilized. In addition to the retail spaces and one has cafe or restaurant potential, the property includes multiple storage containers, and a dedicated parking lot, creating additional revenue opportunities and enhancing overall cash flow potential. Recent electrical updates have already been completed, reducing upfront improvement costs and adding to the property’s long-term value. Whether you're an investor looking to reposition and maximize rents or seeking a multi-use commercial asset with strong upside, this property offers a compelling opportunity in a growing rural market. Bring your vision and capitalize on the potential—opportunities like this don’t last long.
MLS® Number3180111
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1997
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$264,900List Price
  • Commute

Commute

Starting Address
Destination Address
307 John Hunter Hwy, Elora, TN

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