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Investment opportunity! This unique property offers a prime investment opportunity in the heart of Roan Mountain, TN. The downstairs space is ideal for a retail business, perfectly positioned to attract both locals and tourists alike. Upstairs, the property features four spacious apartments, each boasting two bedrooms, four bathrooms, a generously sized living room, and a full kitchen. These well-appointed units are perfect for long-term tenants or vacation rentals, providing a steady income stream; estimated annual income at $50,000. Roan Mountain is part of the Johnson City Metropolitan Statistical Area, which is included in the Johnson City-Kingsport-Bristol, TN-VA Combined Statistical Area, commonly known as the Tri-Cities region. This area is rich in culture and history, attracting visitors year-round. One of the key highlights of Roan Mountain is the annual Rhododendron Festival, held each summer at Roan Mountain State Park. The festival is a major draw, featuring traditional foods, locally handmade crafts, and performances by Southern Appalachian musicians. Visitors also flock to the festival to see the stunning catawba rhododendron gardens, which reach their peak bloom in late June. Don't miss out on this exceptional property that combines commercial potential with residential income in a beautiful and culturally vibrant location.
| DAYS ON MARKET | 246 | LAST UPDATED | 1/17/2025 |
|---|---|---|---|
| TRACT | Not In Subdivision | YEAR BUILT | 1956 |
| COMMUNITY | 314 - Carter County | GARAGE SPACES | 1.0 |
| COUNTY | Carter | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Cloudland |
|---|---|
| Jr. High School | Cloudland |
| High School | Cloudland |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 314 - Carter County |
| CONSTRUCTION | Block, Concrete, Other, Plaster, Vinyl Siding |
| EXTERIOR | Other |
| GARAGE | Yes |
| HEAT | Other |
| INTERIOR | Eat-in Kitchen |
| LOT | 0.35 acre(s) |
| LOT DIMENSIONS | 146 x 105 IRR |
| PARKING | Circular Driveway, Concrete |
| SEWER | Septic Tank |
| STORIES | 2 |
| STYLE | Other, Traditional |
| SUBDIVISION | Not In Subdivision |
| UTILITIES | Electricity Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Creek/Stream |
| WATER | Public |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing information is deemed reliable, but not guaranteed.
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