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11882 New Highway 68 1,704 SF Retail Building Tellico Plains, TN 37385 $376,759 CAD ($221.10 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • ADT ranges from 1,100-3,600 vehicle s per day.

EXECUTIVE SUMMARY

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. The apartments 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! **Seller will consider owner financing with 30% down**

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,704 SF
Building Class
B
Year Built
1972
Price
$376,759 CAD
Price Per SF
$221.10 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.50 AC
Zoning
Commercial
Parking
10 Spaces (5.87 Spaces per 1,000 SF Leased)

AMENITIES

  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
188-042.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$52,569 CAD
  • Listing ID: 34569750

  • Date on Market: 2025-01-22

  • Last Updated:

  • Address: 11882 New Highway 68, Tellico Plains, TN 37385

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