Sold

5500 Roan Creek, Mountain City, TN 37683

Baths
2
Sqft
8,824
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byPremier Sotheby's International Realty- Banner Elk
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Overview

Positioned in a scenic, unrestricted-use area, this historic schoolhouse has been thoughtfully reimagined into a high-performing mixed-use commercial property with expansive mountain views. Blending timeless character with functional adaptability, this distinctive offering is ideal for investors, business owners, and developers seeking a versatile asset with multiple income streams and strong infrastructure. The lower level houses three active businesses, a professional CrossFit gym, a construction company office, and a modern barbershop. Each operates within a dedicated space, supported by shared amenities and ample on-site parking. Extensive updates include new paint, a new front door, new garage door and a freshly paved blacktop surface, reinforcing the property’s curb appeal and readiness for occupancy. Most plumbing and electrical systems have been upgraded, new HVAC systems have been installed, and the well pump was replaced just three years ago, all enhancing long-term value and operational efficiency. The upper level is partially finished and fully framed, ready to accommodate a variety of uses, from loft-style residential space to co-working suites, creative studios or additional commercial offices. With no zoning restrictions, the configuration is entirely up to the owner’s vision. Adding even more flexibility, the property features a level, buildable front parcel suitable for outdoor events, recreational use or future development. This open green space significantly increases functionality and appeal. Black metal warehouse does not convey at this price but is negotiable. Owner is in the process of having the warehouse and small parcel removed from original survey but buyers have the option to purchase. With a blend of income potential, creative possibilities and modern upgrades, this one-of-a-kind property presents a compelling opportunity in a scenic and high-demand mountain setting.

Location

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bathrooms
2
Square feet
8,824
Lot size (acres)
4.48
Year built
1954

Interior features

Basement
Yes, Unfinished

Garage and parking

Garage parking spaces
1

Utilities

Heating
Electric, Forced air
Cooling
Electric
Sewer
Private sewer
Water
Well

Taxes

Tax Annual Amount
$2,887.14

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: High Country MLS MLS®#: 255921 Last checked:

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