TN > Mountain City
Mountain City, TN 37683,5500 Roan CRK
Mountain City, TN 37683,5500 Roan CRK
Mountain City, TN 37683,5500 Roan CRK
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Galen Walter

Galen Walter

+1(561) 339-6406
$900,000
Est. payment /mo
2 Baths
8,824 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 8,824 sqft

Price per Sqft $101

MLS Listing ID 255921

Style Traditional

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 8,824

Year Built 1954

Annual Tax Amount $2,887

Lot Size 4.480 Acres

Acres 4.48

Property Sub-Type Single Family Residence

Property Description

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.

Location

State TN

County Johnson

Community Long Term Rental Allowed, Short Term Rental Allowed

Area 24-Tn

Rooms

Basement Unfinished

Interior

Interior Features Attic, None

Heating Electric, Forced Air

Cooling Electric, 3+ Units

Fireplaces Type None

Fireplace No

Appliance Electric Water Heater

Exterior

Exterior Feature Out Building(s), Storage, Paved Driveway

Parking Features Driveway, Garage, One Car Garage, Paved, Private

Garage Spaces 1.0

Garage Description 1.0

Community Features Long Term Rental Allowed, Short Term Rental Allowed

Utilities Available High Speed Internet Available

View Y/N Yes

Water Access Desc Well

View Mountain(s)

Roof Type Metal

Building

Story 2

Entry Level Two

Foundation Basement

Sewer Private Sewer, Septic Permit Unavailable

Water Well

Architectural Style Traditional

Level or Stories Two

Additional Building Outbuilding, Shed(s)

Schools

Elementary Schools Tn

High Schools Out Of Area

Others

Tax ID 068-009.00

Acceptable Financing Cash, Conventional, New Loan

Listing Terms Cash, Conventional, New Loan

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High Country MLS
Listed by Premier Sotheby's International Realty- Banner Elk

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agent

Galen Walter

+1(561) 339-6406

Agent | License ID: 313869

Agent License ID: 313869

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