Tellico Plains TN Commercial for Sale

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Type:
Other
Sq.Ft.:
4,937
Status:
Active
Beds:
n/a
Lot size:
0.65 Acres
Year built:
1940
Baths:
MLS#:
20240790

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the IDX Program of the River Counties Multiple Listing Service, Inc. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This data is updated daily. Some properties, which appear for sale on this web site, may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2024. All rights reserved.



Tellico Plains Real Estate

The median home value in Tellico Plains, TN is $390,000. This is higher than the county median home value of $222,200. The national median home value is $338,100. The average price of homes sold in Tellico Plains, TN is $390,000. Approximately 59.85% of Tellico Plains homes are owned, compared to 23.83% rented, while 16.32% are vacant. Tellico Plains real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tellico Plains real estate agent to arrange a tour today!

Tellico Plains, Tennessee has a population of 1,213. Tellico Plains is less family-centric than the surrounding county with 16.56% of the households containing married families with children. The county average for households married with children is 25.26%.

The median household income in Tellico Plains, Tennessee is $33,750. The median household income for the surrounding county is $48,488 compared to the national median of $69,021. The median age of people living in Tellico Plains is 30.1 years.

Tellico Plains Weather

The average high temperature in July is 87.5 degrees, with an average low temperature in January of 26.9 degrees. The average rainfall is approximately 55.1 inches per year, with 3.3 inches of snow per year.

Tellico Plains Real Estate Market Conditions

  • Median sales price

    $390,000
    22.8% change since last quarter
  • # Active listings

    124
    30-day change

Tellico Plains Schools and Demographics

Education near Tellico Plains, TN

Metric City County
High School Graduates 81.26 84.69
College Degree - 2 year 7.44 7.88
College Degree - 4 year 12.59 15.34
Graduate Degree 2.72 3.04
Expenditures per Student 9,643 9,643
Students per Teacher 16.6 16.6

Elementary Schools near Tellico Plains, TN

School Grades Students P/T Ratio ZIP
Coker Creek Elementary School KG - 08 122 20.3 37385
Englewood Elementary School PK - 08 668 18.1 37329
Etowah Elementary School PK - 08 338 14.6 37331
Madisonville Intermediate School 03 - 05 558 16.4 37354
Madisonville Primary School PK - 02 584 15.8 37354
Mountain View Elementary School PK - 08 685 17.1 37331
Rural Vale Elementary School KG - 08 287 15.9 37385
Tellico Plains Elementary School PK - 06 340 16.2 37385
Vonore Elementary School PK - 05 483 16.7 37885

Middle Schools near Tellico Plains, TN

School Grades Students P/T Ratio ZIP
Madisonville Middle School 06 - 08 583 18.2 37354
Tellico Plains Junior High School 05 - 08 283 18.9 37385
Vonore Middle School 06 - 08 227 18.9 37885

High Schools near Tellico Plains, TN

School Grades Students P/T Ratio ZIP
Central High School 09 - 12 704 14.7 37329
Monroe Academy 11 - 12 32 32 37354
Sequoyah High School 09 - 12 997 19.7 37354
Tellico Plains High School 09 - 12 452 14.6 37385

Demographics near Tellico Plains, TN

Metric City County
Neighborhood Type Small Town
Population 1,213 46,041
Population Density 621 72
Median Age 30.1 44.2
People per Household 2.7 2.5
Median Household Income 33,750 48,488
Average Income per Capita 16,662 24,921