#9981968, Kevin Tipton, Listing office: SVN, Wood Properties
Property details
About 206 Gay St
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.
Highlights
Home typeMulti Family
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.11 Acres
Year built1910
MLS #9977982
Summary
- Architectural Style: Historic
- Heating: Central
- Cooling: Central Air
- List Price: $599,000
- Directions: Directions from tri-cities Take Interstate 26 East. Take exit 37 for TN-81 and turn left toward Erwin. Turn right on to North Main Avenue. Turn left on to Gay Street Property will be located on your right.
- Year Built: 1910
- Lot Size: 0.11 Acres
- MLS Number: 9977982
- MLS Name: Tennessee/Virginia Regional MLS
- Office Name: The Elite Team Agency
- Office Phone: (423) 656-0333
- Office Email: office@theeliteteamagency.com
- Listing Agent: Bryan Sangid, Joe Wilson
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 8:40:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
5
Love Chapel Elementary School
Public District KG-5
0.7 mi
•600 S Mohawk Dr
5
Rock Creek Elementary School
Public District KG-5
1.6 mi
•1121 E Erwin Rd
5
Unicoi Elementary School
Public District PK-5
5.0 mi
•404 Massachusetts Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,385. The most common annual income of people living in Erwin, TN is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
43%
<35k
45%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
10%
Single, with Kids
29%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
45%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Motocross
NASCAR
Where do the neighbors shop?
Kmart
Stein Mart
GameStop
Where do the neighbors go to eat?
Bob Evans
Sonic
Cracker Barrel
What do the neighbors drive?
Buick
Jeep
Ram
What do the neighbors listen to?
Oldies
Adult Standards
Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 206 Gay St
The listing price of 206 Gay St property is $599,000.
The property 206 Gay St is a multi located in Erwin, Tennessee, 37650.
Active Listing: 206 Gay St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 206 Gay St are: Love Chapel Elementary School (GreatSchools Rating 5/10), Rock Creek Elementary School (GreatSchools Rating 5/10), Unicoi Elementary School (GreatSchools Rating 5/10), Unicoi County Middle School (GreatSchools Rating 7/10), Lamar Elementary School (GreatSchools Rating 6/10), Jonesborough Middle School (GreatSchools Rating 6/10), Unicoi County High School (GreatSchools Rating 5/10), David Crockett High School (GreatSchools Rating 5/10), University School (GreatSchools Rating 9/10).
The year of construction for 206 Gay St is 1910.
This home is located at 206 Gay St in Erwin, TN and zip code 37650. Features: 0 bathroom. It has been listed on Rocket Homes since March 29, 2025 and is currently priced at $599,000.
In June 2025 more than 0 listings in Erwin, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 8 were sold below. Between May and June 2025, Erwin, TN real estate market has seen decrease in the number of listings by 3.9%. Listings spent 92 days on the market in June 2025, and had a median list price of $268,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.