Phenomenal Location for a Growing Crossville

Special Purpose for Sale
Catylist Listing ID: 30814923
Building Size (RSF): 4,619 SF
Gross Building Area: See Agent
Gross Land Area: 3.70 Acres
Sale Price: $700,000
Ceiling: 9 ft.
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Usable Size (USF): 4,619 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 10/2/2022

Overview / Comments

Built in 1910, this historic home is a rare opportunity, that is prime location right in the center of booming Crossville, yet has a country feel. Only 6 owners over the past century. It has endless possibilities: southern home; Inn; Office space; Restaurant; Brewery location;Coffee House or your dream/ideas - 4 fireplaces, 3 full baths plus half bath, 2 parlors, formal dining area. Aged hardwood flooring. The Barn was added about 60 years ago, the pond and bridge were added. Two of the upstairs bedrooms can be divided giving you more rooms if it fits your dream. 2 second floor verandas, So much vision, so much history. No restrictions and located parallel to North Main St. Carriage House offers a living/guest quarters upstairs and two car (horse) below; The wrought iron gate for the front is in the carriage house; there are two new gas log units stored in the home.

Old Jamestown Hwy runs parallel to Rt 127/N. Main Street. It is a perfect location for a restaurant, Micro-Brewery, office space...The lot size offers the ability to create more parking space. Join this growing community. Crossville is the center point for all of the surrounding towns where traffic 'crosses' between Nashville, Knoxville, and Chattanooga. It receives patronage from two resort communities within its county: Fairfield Glade Resort and Lake Tansi. Historically, this area had been cattle country. PERFECT location for a Saloon Steak House....Come check it out!

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Additional Details

Nearest MSA: Crossville
County: Cumberland
Tax ID/APN: 018087 06700
Property Located Between: Walmart and First National Bank of Tennessee (one end of the road to the other)
Property Visibility: Excellent
Largest Nearby Street: N. Main Street/Rt 127 and Genesis Rd
Feet of Frontage: 488
Highway Access: I-40; Rt 127; Rt 298
Airports: Crossville Memorial Airport - 4 miles; Knoxville Airport - 60 miles
Total Number of Buildings: 3
Number of Stories: 3
Typical SF / Floor: 4,619 SF
Property Condition: Average
Year Built: 1910
Year Renovated: 1983
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: Barn is barnwood; Carriage House is wood siding; home is vinyl and wood.
Parking Type: Surface
Parking Description: It has the potential of multiple parking spaces to be added. It parks approximately 6 at the present time.
Heat Type: Electricity
Zoning Description: Unrestricted
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,851 12,416 22,080
Median Age: 29.98 41.1 41.55
Households: 823 5,189 9,018

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