Property Attributes
- MLS#9992868
- TypeCommercial
- Listing Status Active
- CountySmyth
- CityMarion
- AreaMarion
- NeighborhoodNot In Subdivision
- Zip24354
- Style
- Year Built1971
- Taxes$ 21228
- Price$ 2,550,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage15348
- Lot Size1.79 Acres
Data Source:
Tennessee Virginia Regional MLS (NETAR)
Property Description
This outstanding commercial property features two buildings encompassing five individual business addresses, all with tenants currently in place. The spaces are utilized as professional medical offices and retail, offering a diverse and stable income stream. Four of the five units were completely renovated and professionally built out in 2018-2019. The remaining unit has been substantially improved with a new roof and new electrical service completed in 2024-2025. The property offers approximately 300 feet of road frontage, providing excellent visibility and convenient access. Situated on a generous 1.74-acre parcel, it includes ample on-site parking to support current and future uses. With its strong tenancy, recent upgrades, and prime location, this property presents nearly limitless potential and represents a long-term investment opportunity poised to deliver solid returns for years to come. Addendum: Additional documentation available in listing documents. Information is deemed reliable but not guaranteed. Buyer and buyers agent to verify.
| Price History | |
|---|---|
| 3/26/2026 | Listed $2,650,000 |
| 6/4/2026 | 4$2,550,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump |
| Cooling | Heat Pump |
| Utilities | Cable Connected,Electricity Connected,Phone Connected,Sewer Connected,Water Connected |
| Roof | Rubber |
| Development Status | See Remarks |
| Zoning | Commercial |
| Construction Materials | Brick |
| Year Built | 1971 |
| Electric | 220 Volts |
| Business Type | Dental,Medical,Professional Service,Professional/Office |
| County | Smyth |
| New Construction | false |
| Property Type | Commercial Sale |
| HOA | false |
| Subdivision Name | Not In Subdivision |
| Status | Active |
| Directions | I-81 take exit 47. Turn left onto US Hwy 11/ N Main St for 1.0 Mile. Property will be on the right. |
| City | Marion |
| MLS Area | 503 - Marion |
| Lot Size Units | Acres |
| Lot Size Square Feet | 77972.4 |
| Property Condition | Above Average |
| MLS Area Minor | 503 - Marion |
| Standard Status | Active |
| Conventional | true |
| Cash | true |
Interior Features
| Air Conditioning Y/N | true |
|---|---|
| Heating Y/N | true |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking | 50 |
| Lot Size Area | 1.79 |
| Building Area Total | 15348 |
| Lot Dimensions | 300 x 260 |
| Lot Size Acres | 1.79 |
| Road Frontage Type | City Street,Highway |
| Other Equipment | Fire Alarm |
| Exterior_sp_Finish_co_Brick4 | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 24354
In The Neighborhood
Jonesborough
$ 350,000
- Type
- Commercial
- Size
- 2,267 SqFt
Elizabethton
$ 275,000
- Type
- Commercial
- Size
- 2,016 SqFt
Johnson City
$ 1,590,000
- Type
- Commercial
- Size
- 8,942 SqFt
Tennessee Virginia Regional MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the SW VA Association of REALTORS ® Multiple Listing Service. The SWVAR IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.