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100 Scott Street

Tellico Plains, TN 37385
  • $950,000
  • STATUS: Active
  • ON SITE: 225 Days
  • MLS #: 20240790
UPDATED: 13 min ago
$950,000
  • 0
    BEDS
  • 0.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,937
    SQFT
  • $192
    $/SQFT
Type:
Business Opportunity
Built:
1940
County:

School Information

Elementary School:
Middle School:
High School:

Description

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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© 2024 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Property Group of Keller Williams. Data last updated: 2024-10-12T21:48:13.777.
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100 Scott Street Tellico Plains, TN 37385

  • Price: $950,000
  • Status: Active
  • On Site: 225 Days
  • Updated: 13 min ago
  • MLS #: 20240790
0
Beds
0
Baths
0
½ Baths
0.65
Acres
4,937
SQFT
$192
$/SQFT
1940
Built
County:
Monroe
Elementary School:
Tellico Plains
Middle School:
Tellico Plains Jr High
High School:
Tellico Plains
Property Description
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.
Exterior Features

Construction Materials StoneWood Siding Exterior Features Rain GuttersBalconyFire Pit Fencing None Foundation Details Concrete PerimeterSlab Lot Features Steep SlopeCorner Lot Parking Features Parking LotOn StreetAsphalt Road Frontage Type County Road Roof FlatMetalPitched Waterfront Features [] Waterfront YN No

Interior Features

Appliances Water PurifierWasherTankless Water HeaterDishwasherDouble OvenDryerElectric CooktopElectric OvenElectric RangeElectric Water HeaterExhaust FanFreezerGas CooktopGas OvenGas Water HeaterIndoor GrillMicrowavePlumbed For Ice MakerPropane Water HeaterRefrigerator Cooling Central Air Cooling YN Yes Flooring ConcreteHardwoodTile Heating CentralElectric Heating YN Yes Interior Features Walk-In ShowerSeparate Living QuartersWired for DataSound SystemSoaking TubPantryLaminate CountersKitchen IslandHigh Speed InternetHigh CeilingsGranite CountersEat-in KitchenBarBuilt-in FeaturesCeiling Fan(s)

Property Features

Accessible YN No Building Features Sump PumpPublic RestroomsPole SignLiving Space AvailableCable TVDelivery DoorDisplay Window(s)Fixtures IncludedFurniture IncludedGround Level DoorHigh Speed Internet Business Type VarietyRestaurantBed & Breakfast Electric 3 Phase440 VoltsCircuit Breakers Lease Term None Listing Terms CashConventional New Construction YN No Property Condition Updated/Remodeled Property Sub Type Business Road Responsibility [] Security Features Smoke Detector(s)Carbon Monoxide Detector(s)Fire EscapeFirewall(s) Sewer Public Sewer Special Listing Conditions Standard Structure Type RetailMixed UseFree Standing Building Subdivision YN No Tax Annual Amount 2891 Tenant Pays [] Utilities Underground UtilitiesWater ConnectedWater AvailableSewer ConnectedElectricity ConnectedCable AvailableCable ConnectedElectricity Available Water Source Public Within City Limits YN Yes

Listing provided courtesy of Barbara Ratledge of East Tennessee Properties - Athens: 423-453-5722.


© 2024 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Property Group of Keller Williams. Data last updated: 2024-10-12T21:48:13.777.
 
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