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255921 Days on Market: 4
2
Baths
8824
Sqft
4.480
Acres
$900,000
For Sale
Positioned in a scenic, unrestricted-use area, this historic schoolhouse has been thoughtfully reimagined into a high-performing mixed-use commercial property with expansive mountain views. Blending timeless character with functional adaptability, this distinctive offering is ideal for investors, business owners, and developers seeking a versatile asset with multiple income streams and strong infrastructure. The lower level houses three active businesses, a professional CrossFit gym, a construction company office, and a modern barbershop. Each operates within a dedicated space, supported by shared amenities and ample on-site parking. Extensive updates include new paint, a new front door, new garage door and a freshly paved blacktop surface, reinforcing the property’s curb appeal and readiness for occupancy. Most plumbing and electrical systems have been upgraded, new HVAC systems have been installed, and the well pump was replaced just three years ago, all enhancing long-term value and operational efficiency. The upper level is partially finished and fully framed, ready to accommodate a variety of uses, from loft-style residential space to co-working suites, creative studios or additional commercial offices. With no zoning restrictions, the configuration is entirely up to the owner’s vision. Adding even more flexibility, the property features a level, buildable front parcel suitable for outdoor events, recreational use or future development. This open green space significantly increases functionality and appeal. Black metal warehouse does not convey at this price but is negotiable. Owner is in the process of having the warehouse and small parcel removed from original survey but buyers have the option to purchase. With a blend of income potential, creative possibilities and modern upgrades, this one-of-a-kind property presents a compelling opportunity in a scenic and high-demand mountain setting.
Listing ID:
255921
Property Type:
Single Family
Year Built:
1954
Bathrooms:
2 Full, 0 Half
Sqft:
8824
Acres:
4.480
Garage/Carport:
1
Map
Latitude: 36.394588 Longitude: -81.864537
Location & Neighborhood
City: Mountain City
County: Johnson
Area: 24-TN
Subdivision: None
Environment
Utilities & Features
Heat: Electric, Forced Air
Sewer: Private Sewer, Septic Permit Unavailable
Utilities: High Speed Internet Available
Appliances: Electric Water Heater
Parking: Driveway, Garage, One Car Garage, Paved, Private
Interior
Fireplace: None
Sqft Living Area Above Ground: 8824
Sqft Total Living Area: 8824
Exterior
Exterior: Out Buildings, Storage, Paved Driveway
Style: Traditional
Construction
Construction: Brick, Wood Frame
Garage: 1
Roof: Metal
Financial
Property Taxes: $2,887
Other
Price Per Sqft: $102
Price Per Acre: $200,893
27.61 miles away from this listing.
Sold on August 22, 2024
The data relating this real estate listing comes in part from the High Country Multiple Listing Service ®. Real estate listings held by brokerage firms other than the owner of this website are marked with the MLS IDX logo and information about them includes the name of the listing broker. The information appearing herein has not been verified by the High Country Association of REALTORS or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing on this website, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose -- the information is believed accurate but not warranted.
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