GREAT INVESTMENT OPPORTUNITY! This unique Tellico Plains property has endless possibilities for your entrepreneur dreams. Located on the side of the main Highway it gets non-stop traffic for drive-by exposure. The property has 1 studio apartment and another apartment with 1 bedroom. Both apartments include rustic furnishings and decor and each have a full bathroom and some kitchenette space. Both apartments are currently occupied with tenants and come fully furnished. The building also includes an 840SF space with a full bathroom and laundry room with washer/dyer. This space is zoned commercial and has numerous possibilities whether you turn it into a third apartment, use it as a store or run a small restaurant. Outside you will find tons of unique character and adequate parking. The side of the building has an oversized carport which would make the perfect entertainment space or parking/storage. This property really has so much to offer and is just minutes to town with dining and shopping. Also nearby is hiking, Cherahala Skyway, and Tellico River. Come be apart of the Tellico Plains community and put your business dreams to work!
The median home value in Tellico Plains, TN is $204,700. This is lower 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 $204,700. 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 37385 has a population of 1,213. Tellico Plains 37385 is less family-centric than the surrounding county with 19.11% 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 37385 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 37385 is 30.1 years.
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.