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390 Cherohala Skwy 6,322 SF 100% Leased Retail Building Tellico Plains, TN 37385 $751,971 CAD ($118.95 CAD/SF)



Investment Highlights
- Prime frontage along the Cherohala Skyway with exposure to two million vehicles annually.
- Includes a commercial kitchen and a large open area ideal for retail, dining, or events.
- Walkable access to the Historic Town Center of Tellico Plains.
- Combination of a fully renovated historic residence and a modern commercial building constructed in 2010.
- Second-floor space ready for customization as lodging, conference facilities, or additional commercial use.
Executive Summary
Offered at $549,000, this unique mixed-use property combines historic character with modern functionality in the heart of Tellico Plains. Positioned directly on the renowned Cherohala Skyway, the site benefits from exceptional visibility and exposure to approximately two million vehicles annually. The property consists of a fully renovated century-old residence and a newer commercial structure built in 2010, totaling 6,300 square feet of versatile space.
The original home features a complete living area, while the main floor of the newer building includes a commercial kitchen and a 1,700-square-foot open area suitable for retail, dining, or event use. The second level, spanning 2,100 square feet, is ready for build-out as a conference center, lodging accommodations, or additional commercial space. Located within a five-minute walk to the Historic Town Center, this property offers a rare opportunity for an owner-operator, investor, or entrepreneur seeking a high-traffic location with flexible development potential.
The original home features a complete living area, while the main floor of the newer building includes a commercial kitchen and a 1,700-square-foot open area suitable for retail, dining, or event use. The second level, spanning 2,100 square feet, is ready for build-out as a conference center, lodging accommodations, or additional commercial space. Located within a five-minute walk to the Historic Town Center, this property offers a rare opportunity for an owner-operator, investor, or entrepreneur seeking a high-traffic location with flexible development potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,322 SF
Building Class
B
Year Built
1928
Price
$751,971 CAD
Price Per SF
$118.95 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.84
Lot Size
0.17 AC
Zoning
Commercial
Frontage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 146B-A-012.00 | Improvements Assessment | $85,966 CAD |
| Land Assessment | $30,939 CAD | Total Assessment | $116,905 CAD |
Property Taxes
Parcel Number
146B-A-012.00
Land Assessment
$30,939 CAD
Improvements Assessment
$85,966 CAD
Total Assessment
$116,905 CAD
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390 Cherohala Skwy
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