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About This Home

This 0-bedroom, 0-bathroom commercial at 200 & 202 W Main Street in Mount Carmel, TN is listed for $389,900 ($173 per sqft). Built in 1945, the home offers 2,250 sqft of living space on a 1.00 acres lot.

Agent Description

Welcome to 200 & 202 W Main Street, a rare investment and development opportunity in the heart of Mount Carmel. Positioned in a highly visible location with valuable MX2 zoning, this unique property offers outstanding flexibility for investors, business owners, and developers looking to capitalize on a prime in-town setting.

Situated on approximately one acre of deep, level land, the property is ready for your next vision. Whether you are looking to expand your rental portfolio, develop additional residences, explore mixed-use potential, or create a new commercial concept, the zoning opens the door to a wide range of possibilities.

Opportunities with this level of versatility are difficult to find. The property currently features two income-producing dwellings, both tenant occupied and generating immediate cash flow. One residence rents for $1,295 per month and the second rents for $950 per month, providing built-in income while planning future development.

Excellent location, strong upside potential, existing rental income, nearly one acre of usable land, and flexible MX2 zoning make this an exceptional offering in growing Mount Carmel. Showings require a minimum 48-hour notice and must be accompanied by the listing agent or property manager out of respect for tenant privacy. All information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information, zoning, and intended use.

Key Features

  • Built in 1945
  • 1.00 acre lot
  • Fireplace

Property Details

1945

Amenities

FireplaceA/C

Monthly Cost Estimate

$2,085/mo

20% down · 6.5% · 30 years

Principal$282
Interest$1,690
Insurance$114

Estimates only. Actual payments may vary.

Location

200 & 202 W Main Street

Mount Carmel, TN 37645

Walters Add

Property Details

Construction

Asbestos Vinyl Siding

Heating

Natural GasFireplace(s)

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 200 & 202 W Main Street is listed at $389,900 ($173/sqft). The estimated monthly payment is $1,690 based on 20% down at 6.5% interest.

Key features include: Built in 1945, 1.00 acre lot, Fireplace.

This property is listed by Dominick Abate and can be reached at 2762757883 or dominick@theaddingtonagency.com.

DA

Dominick Abate

Agent at The Addington Agency Bristol

(276) 275-7883

Listed by The Addington Agency Bristol

MLS# 9994140· Source: listhub· Updated 42 days ago

Copyright © 2026 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.

200 & 202 W Main Street, Mount Carmel, TN 37645

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