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206 Gay Street Street, Erwin, TN 37650

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For Sale

$599,000

8,792 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $68.13
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 9977982

Courtesy Of The Elite Team Agency

(423) 656-0333

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Lot Size
    0.11 Acres

Map and Directions

Directions to 206 Gay Street Street, Erwin, TN 37650

Home seller CENTURY 21 Legacy

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Legacy

(423) 282-1885
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Monthly Payment Breakdown

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Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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