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108 Cumberland St E - Franklin Pearson House 9,500 SF Specialty Building Offered at $1,186,392 CAD in Cowan, TN 37318
INVESTMENT HIGHLIGHTS
- Boutique Hotel
- Access to 41A
EXECUTIVE SUMMARY
This charming hotel is conveniently located within a 15-minute drive to the University of the South in Sewanee, TN, making it an ideal choice for visiting parents, alumni, and prospective students. Additionally, it is within a 30-minute drive to The Caverns, a popular musical venue that attracts music lovers from near and far. Property is being sold furnished with select items negotiable. Contact for more details.
One of the standout features of this hotel is the inclusion of an additional studio apartment, perfect for the owner or manager to reside in. This allows for easy oversight and management of the property, ensuring a seamless guest experience. The fully functioning kitchen is a fantastic asset, as it provides the opportunity for the owner to utilize the property as a charming bed and breakfast, offering guests a delightful homemade breakfast each morning.
In addition to the comfortable accommodations, this hotel also boasts an event space, perfect for hosting special occasions such as weddings, conferences, or private parties. The adjacent retail space, which was previously a barber shop, offers a separate entrance and can be rented out to generate additional income. This presents a fantastic opportunity for entrepreneurs looking to diversify their revenue streams.
Overall, this boutique 9 bedroom hotel in Cowan, TN offers a unique and versatile property that combines comfortable accommodations, a fully functioning kitchen for a potential bed and breakfast, event space for special occasions, and an adjacent retail space for additional income. Don't miss out on this incredible opportunity to own and operate a thriving hospitality business in a prime location.
One of the standout features of this hotel is the inclusion of an additional studio apartment, perfect for the owner or manager to reside in. This allows for easy oversight and management of the property, ensuring a seamless guest experience. The fully functioning kitchen is a fantastic asset, as it provides the opportunity for the owner to utilize the property as a charming bed and breakfast, offering guests a delightful homemade breakfast each morning.
In addition to the comfortable accommodations, this hotel also boasts an event space, perfect for hosting special occasions such as weddings, conferences, or private parties. The adjacent retail space, which was previously a barber shop, offers a separate entrance and can be rented out to generate additional income. This presents a fantastic opportunity for entrepreneurs looking to diversify their revenue streams.
Overall, this boutique 9 bedroom hotel in Cowan, TN offers a unique and versatile property that combines comfortable accommodations, a fully functioning kitchen for a potential bed and breakfast, event space for special occasions, and an adjacent retail space for additional income. Don't miss out on this incredible opportunity to own and operate a thriving hospitality business in a prime location.
PROPERTY FACTS
AMENITIES
- Property Manager on Site
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 077M-B-011.00 | Improvements Assessment | $41,214 CAD |
| Land Assessment | $1,572 CAD | Total Assessment | $42,787 CAD |
PROPERTY TAXES
Parcel Number
077M-B-011.00
Land Assessment
$1,572 CAD
Improvements Assessment
$41,214 CAD
Total Assessment
$42,787 CAD
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108 Cumberland St E - Franklin Pearson House
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