$525,000
$649,900
19.2%For more information regarding the value of a property, please contact us for a free consultation.
5725 Highway 11e Piney Flats, TN 37686
5,600 SqFt
Key Details
Sold Price $525,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $93
MLS Listing ID 9995161
Sold Date 07/24/26
HOA Y/N No
Total Fin. Sqft 5600
Year Built 1979
Lot Size 0.720 Acres
Acres 0.72
Lot Dimensions 271.61 X 125 IRR
Source Tennessee/Virginia Regional MLS
Property Description
Prime Mixed-Use Investment Opportunity in the heart of Piney Flats! Positioned along highly traveled Hwy 11E, this exceptional mixed-use property offers outstanding visibility and versatility in one of Piney Flats' most central and high-traffic locations. The ground level features a spacious commercial storefront ready to bring your vision to life. Whether you're considering a laundromat, boutique retail shop, restaurant, café, hair salon, or service-based business, the possibilities are wide open in this adaptable space. Upstairs, the property includes three income-producing apartments, providing immediate revenue potential. One of the units is a unique two-story apartment, adding character and appeal for tenants seeking something beyond the standard layout. There is a newer metal roof, HVAC, and windows. The property has been completely renovated. One apartment is rented under a month-to-month lease. The seller has used this building for personal use since the purchase.
Additional highlights include:
* Over 20 parking spaces, a rare and valuable feature for both commercial and residential use
* Excellent road frontage and visibility on a major corridor
* Strong rental income potential with mixed-use flexibility
*4 sets of washer/dryer convey
*5 stoves/5 refrigerators convey
*commercial drink cooler conveys
*Centrally located with convenient access to Johnson City, Bristol, and surrounding Tri-Cities areas. This property is ideal for investors or owner-operators looking to run a business while generating supplemental rental income, or for those seeking a high-exposure commercial asset in a growing area.
Don't miss this opportunity to own a versatile property in a prime Piney Flats location! Buyers agent is to verify all information.
Location
State TN
County Sullivan
Area 0.72
Zoning B 4
Direction Head north on N Roan St, then merge onto US-11E N / Bristol Hwy. Continue straight for approximately 8-10 miles toward Piney Flats. The property at 5725 Hwy 11E will be on your right.
Interior
Heating Heat Pump
Cooling Central Air
Equipment Dishwasher, Exterior Lights, Outside Storage, Range, Refrigerator, Smoke Detector(s)
Heat Source Heat Pump
Exterior
Utilities Available Electricity Connected, Water Connected
Roof Type Metal
Road Frontage Highway
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 124k D 012.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with John L. Lee • Crye-Leike Realtors
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Larry C. LeSueur
Real Estate Professional, Realtor | License ID: TN 361390, NMLS# 2467587






