9854 Highway 421 N, Shady Valley, TN 37688 - $249,900

Property Description

Listing Status

• More Listing Info

  AC:Central Air	true
  AC:Heat Pump3	true
  Business Type:Convenience Store	true
  Business Type:Gas Station	true
  Business Type:Restaurant	true
  Contract Info:Foreclosure	No
  Development Status:Infrastructure In	true
  Electric Service:Other34	true
  Exterior Finish:Brick4	true
  Exterior Finish:Vinyl Siding	true
  General Property Description:# Restrooms	2
  General Property Description:Acres	0.66
  General Property Description:Annual Lease	0.0
  General Property Description:HOA YN	No
  General Property Description:Lease	No
  General Property Description:Lot Size2	See Acres
  General Property Description:Total SqFt Finished	4068.0
  General Property Description:Total SqFt Unfinished	0.0
  General Property Description:Zoning2	Commercial
  Heating:Central	true
  Heating:Fireplace(s)	true
  Heating:Heat Pump2	true
  Info Available:See Remarks28	true
  Location Tax Legal Info:City Taxes	0.0
  Location Tax Legal Info:County Taxes	1477.16
  Location Tax Legal Info:Deed Book #	227
  Location Tax Legal Info:Deed Page #	774
  Other Equipment:Range2	true
  Other Equipment:Refrigerator2	true
  Property Condition:Average	true
  Remarks Misc:Directions3	From Mountain City, take Hwy 421 N towards Shady Valley, Property will be on the right after the crossroads in Shady Valley, see sign.
  Remarks Misc:Public Remarks7	PRIME COMMERCIAL OPPORTUNITY!! Located in the heart of Shady Valley and famously known as the home of ''The Snake,'' this prime commercial property offers incredible visibility and endless potential in one of Northeast Tennessee's most traveled destinations for motorcycle and scenic driving enthusiasts. Formerly known as the historic Shady Valley General Store, this property has long been a landmark for locals and travelers alike, with heavy traffic passing through. Situated on a little over half an acre, the property is ready for its next chapter and would make an excellent opportunity for a general store, gas station, restaurant, cafe, retail shop, or multi-use business venture. Three underground state-certified gas tanks (state certification just recently renewed and does not have to be renewed for 3 years) are already in place, adding tremendous value and versatility for future development. Inside, the building features a large open storefront area, a small office space, and two half baths. Toward the back of the building is an expansive additional room that was originally designed for restaurant use and showcases beautiful hardwood flooring along with a stunning stone fireplace that adds warmth and character. A small kitchen area is already in place with room for future expansion and customization. The property offers additional space for parking expansion and numerous possibilities for investors or entrepreneurs looking to establish a business in this highly recognizable tourist destination. An additional commercial property located directly across the street - featuring a large commercial building with two upstairs apartments - is also available for purchase, creating the potential for an even larger investment opportunity in the center of Shady Valley. Don't miss this great business opportunity! Buyer/buyer's agent to verify all info.
  Restrictions:Underground Tank	true
  Road Access:Highway	true
  Roof:Metal3	true
  Sale Includes:See Remarks35	true
  Sewer:Septic Tank	true
  Showing Instructions:Showing Service	true
  Utilities:Electricity Connected	true
  Utilities:Sewer Connected	true
  Utilities:Water Connected	true
  Water:Well	true
  Videos:	(none)
  Virtual Tours:	(none)

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