Tellico Plains, TN 37385,100 Scott Street
Tellico Plains, TN 37385,100 Scott Street
Tellico Plains, TN 37385,100 Scott Street
Tellico Plains, TN 37385,100 Scott Street
Tellico Plains, TN 37385,100 Scott Street
Tellico Plains, TN 37385,100 Scott Street
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$ 950,000
Est. payment | /mo

4,937 SqFt


Save
$ 950,000
Est. payment | /mo
Save

4,937 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Approx. Sqft 0.65

Square Footage 4,937 sqft

Price per Sqft $192

MLS Listing ID 20240790

Construction Status Updated/Remodeled

Originating Board River Counties Association of REALTORS®

Year Built 1940

Annual Tax Amount $2,891

Lot Size 0.650 Acres

Acres 0.65

Property Description

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.

Location

State TN

County Monroe

Zoning Commercial

Direction 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 right onto Old State Hwy 165/Veterans Memorial Dr  0.4 mi Turn right onto Scott St Destination will be on the right 49 ft 100 Scott St Tellico Plains, TN 37385

Interior

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 Features, Ceiling Fan(s)

Heating Central, Electric

Cooling Central Air

Flooring Concrete, Hardwood, Tile

Appliance 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, Indoor Grill, Microwave, Plumbed For Ice Maker, Propane Water Heater, Refrigerator

Laundry Upper Level, Outside, Main Level, Laundry Room

Exterior

Exterior Feature Rain Gutters, Balcony, Fire Pit

Parking Features Parking Lot, On Street, Asphalt

Fence None

Utilities Available Underground Utilities, Water Connected, Water Available, Sewer Connected, Electricity Connected, Cable Available, Cable Connected, Electricity Available

Roof Type Flat,Metal,Pitched

Total Parking Spaces 4

Building

Lot Description Steep Slope, Corner Lot

Dwelling Type Retail,Mixed Use,Free Standing Building

Foundation Concrete Perimeter, Slab

Lot Size Range 0.65

Sewer Public Sewer

Water Public

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Tellico Plains

Middle Schools Tellico Plains Jr High

High Schools Tellico Plains

Others

Tax ID 146b C 007.00

Miscellaneous 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

Security Features Smoke Detector(s),Carbon Monoxide Detector(s),Fire Escape,Firewall(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by East Tennessee Properties - Athens
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4627 N Lee Hwy, Cleveland, TN, 37312, USA

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100 Scott Street