100 Scott Street Tellico Plains, TN $ 975,000
100 Scott Street
$ 975,000
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100 Scott Street

Tellico Plains, TN, 37385
$ 975,000
Baths0.0 Sq 4,937

Monthly Estimate*

$ 6,811

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Studio

Commercial Property for sale in Tellico Plains, TN

for $975,000. This 4,937 square foot building was built in 1940 on a lot size of 0.65.

Welcome to the heart of Tellico Plains, where history meets hospitality in this charming downtown gem! This meticulously maintained historical building presents an exceptional opportunity for investors or entrepreneurs seeking to immerse themselves in the thriving bed and breakfast industry. As you step through the grand entrance, you're greeted by the timeless allure of this 4937-square-foot establishment. The inn boasts five impeccably furnished bedrooms, each with a full bath, ensuring unparalleled comfort for guests seeking a serene retreat. Additionally, three half baths provide convenience and luxury throughout the premises. The soul of this establishment lies within its full commercial kitchen, meticulously designed to cater to the culinary needs of a bustling bed and breakfast operation. Whether whipping up gourmet breakfasts or crafting delectable evening delights, this space is a haven for culinary enthusiasts and entrepreneurs. The inviting ambiance extends to the common areas, where guests can unwind and socialize in two distinct dining areas. A serving bar adds an elegant touch, perfect for hosting intimate gatherings or fostering connections among travelers from around the globe. For the discerning proprietor, the master suite offers a private oasis with its own bathroom and kitchen facilities, providing a sanctuary amidst the bustling inn. The business potential of this property is undeniable, with a well-established presence in the local market and the opportunity to expand into the lucrative Airbnb sector. With its prime location in downtown Tellico Plains, guests are just steps away from boutique shops, quaint cafes, and the picturesque beauty of the surrounding area. Don't miss your chance to own a piece of history and embark on a rewarding entrepreneurial journey in one of Tellico Plains' most cherished establishments. Whether you're a seasoned investor or a first-time entrepreneur, this bed and b Whether you're a seasoned investor or a first-time entrepreneur, this bed and breakfast presents a rare opportunity to turn your dreams into reality. Schedule your viewing today and prepare to be captivated by the timeless charm of this historic inn. This building is for sale and not the business.

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Commercial Active

Price

$ 975,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,891

Style

Retail,Mixed Use,Free Standing Building

Lot Size

0.65

Year Built

1940

Town/City

Tellico Plains

County/Region

Monroe

MLS | Web ID

20240790

Features
General
Interior Features Walk-In Shower Separate Living Quarters Wired for Data Sound System Soaking Tub Pantry Laminate Counters Kitchen Island High Speed Internet High Ceilings Granite Counters Eat-in Kitchen Bar Built-in
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Underground Utilities Water Connected Water Available Sewer Connected Electricity Connected Cable Available Cable Connected Electricity Available
Possession Negotiable
Roof Flat Metal Pitched
Appliances Water Purifier Washer Tankless Water Heater Dishwasher Double Oven Dryer Electric Cooktop Electric Oven Electric Range Electric Water Heater Exhaust Fan Freezer Gas Cooktop Gas Oven Gas Water Heater
Exterior Features Rain Gutters Balcony Fire Pit
Zoning Commercial
Security Features Smoke Detector(s) Carbon Monoxide Detector(s) Fire Escape Firewall(s)
Construction Materials Stone Wood Siding
Year Built 1940
Electric 3 Phase 440 Volts Circuit Breakers
Property SubType Business
Business Type Variety Restaurant Bed & Breakfast
County Monroe
New Construction N
Property Type Commercial Sale
Building Features Sump Pump Public Restrooms Pole Sign Living Space Available Cable TV Delivery Door Display Window(s) Fixtures Included Furniture Included Ground Level Door High Speed Internet
Status Active
Directions Hardee's 4750 New Hwy 68 Madisonville TN 37354 Head southeast on TN-68 S/New Hwy 68 toward Isbill Rd  12.2 mi Turn left onto Cherohala Skyway/Unicoi Tpke  0.2 mi Turn ri
High School Tellico Plains
City Tellico Plains
Lot Size Square Feet 28314.0
Waterfront Y/N N
Street Name Scott Street
Elementary School Tellico Plains
Land Lease Y/N N
Tax Annual Amount 2891.0
Middle/Junior High School Tellico Plains Jr High
Property Condition Updated/Remodeled
Ok to Lease None
Days on Market 62
Structure Type Retail Mixed Use Free Standing Building
Standard Status Active
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Interior
Flooring Concrete Hardwood Tile
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Upper Level Outside Main Level Laundry Room
Total Baths 0
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Exterior
Fencing None
Parking Features Parking Lot On Street Asphalt
Lot Features Steep Slope Landscaped Corner Lot
Water Source Public
Total Parking 4.0
Lot Size Area 0.65
Foundation Details Concrete Perimeter Slab
Lot Size Acres 0.65
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type County Road
Open Parking Y/N N
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* Excluded Features
List By
Barbara Ratledge

Listing Agent

East Tennessee Properties - Athens

Broker

etp.barbara@gmail.com

Email

Affordability Calculator

$7,052
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,811
Monthly Property Taxes
$241
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1937753 Elementary School
1937775 Middle School
Tellico Plains High School High School
Pricing History
DatePricePrice ChangeDescription
2/29/2024$975,000 Listed Price

Map


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100 Scott Street, Tellico Plains, TN, 37385 is a Commercial Property for sale at $975,000 with 4,937 sqft and a lot size of 0.65. 100 Scott Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 37385 which is in Tellico Plains, TN