Tbd Us Highway 19e

Roan Mountain, TN 37687 · Carter County

4 Beds 4 Baths 5,858 Sq Ft 0.35 Acres Built 1956 555 Days on Market

No HOA

Description

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.

Property Details

MLS # 9970188

Property Type Residential

Bedrooms 4

Bathrooms 4

Square Feet 5,858

Acres 0.35

Year Built 1956

Stories 2

Lot Size (Sq Ft) 15,246

Subdivision Not In Subdivision

County Carter

Features

Interior Features

AC: None

Heating: Other

Flooring: Vinyl, Concrete

Window Features: Double Pane Windows

Interior Features: Eat-in Kitchen

Property Features

View: Creek/Stream, Mountain(s)

Sewer: Septic Tank

Water: Public

Utilities: Electricity Available, Water Available

Structure Type: Mixed Use

Community Features: Park, Restaurant

Exterior Features

Roof: Asphalt, Metal

Foundation: Concrete Perimeter, Block

Parking Features: Circular Driveway, Concrete

Porch/Patio/Deck: Back, Deck

Exterior Features: Other

Financial

List Price $189,500

Original List Price $189,500

Price / Sq Ft $32.35

Price / Acre $541,429

HOA None

Directions

Head towards Roan Mountain on Highway 19 E. If you use this address of 7917 Highway 19E, Roan Mountain, the property is across the street in front of Dave Harrell Road. Address is State Highway 19 E - Near the Village of Roan Mountain.