5500 Roan Creek, Mountain City, TN 37683
- $900,000
- 2
- BA
- 8,824
- SqFt
- List Price
- $900,000
- Days on Market
- 40
- Status
- ACTIVE
- Type
- Single Family Residential
- MLS#
- 255921
- County
- Johnson
- City
- Mountain City
- Bathrooms
- 2
- Total Living Area
- 8,824
- Acres
- 4.48
- Year Built
- 1954
Property Description
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.
Additional Information
- Exterior Amenities
- Out Building(s), Storage, Paved Driveway
- Interior Amenities
- Attic, None
- Appliances
- Electric Water Heater
- Basement
- Unfinished
- Fireplace
- None
- Garage
- Driveway, Garage, One Car Garage, Paved, Private
- Heating
- Electric, Forced Air
- Road
- Paved
- Roof
- Metal
- Elementary School
- Tn
- High School
- Out Of Area
- Sewer
- Private Sewer, Septic Permit Unavailable
- Style
- Traditional
- View
- Mountain(s)
- Water Source
- Well
Mortgage Calculator
This Listing is courtesy of Jessica Auten with Premier Sotheby's International Realty- Banner Elk. 828-406-2937
The information from this search is provided by the High 'Country Multiple Listing Service. Please be aware that not all listings produced from this search will be of this real estate company. All information is deemed reliable, but not guaranteed. Please verify all property information before entering into a purchase.”