260 Highway 113 - Specialty FOR SALE


White Pine, TN 37890
$3,500,000 USD
865-548-4215
260 Highway 113, White Pine, TN for Sale
$3,500,000 USD
Specialty - FOR SALE
1/71
null | Request Cap Rate

260 Highway 113
White Pine, TN 37890


OVERVIEW

Incredible commercial potential. This home sits atop a beautifully manicured 16-acre tract of land with approximately 1,000 feet of shoreline on the main channel of Douglas Lake. Approximately 1,000 feet on interstate 40. This home site would make the perfect location for a hotel on Douglas Lake or just about any other commercial use. This home and property has been meticulously restored, updated and preserved by the current owners. The home has over 2,800 sq.ft. w/ 3 bedrooms, 3.5 baths. There are two detached block garages 28 ft. x 60 ft. and 40 ft. x 60 ft. There is a new boat dock on the main channel and there is easy access to the water. Parking for a 45-foot RV is available next to the lake with beautiful views. The views from this property are majestic with the Great Smoky Mountains as your backdrop. You can keep this property as a homesite and enjoy it just the way it is with total privacy or you can develop it into something more grand like condominiums or a hotel. The possibilities are endless.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$1,248 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

260 Highway 113

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Lodge/Meeting Hall, Marina

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

16 AC

LAND SF

696,960 SF

ZONING

A-1

APN/PARCEL ID

06 028.00

ASK ABOUT THIS PROPERTY

Mark JacksonJackson Real Estate & AuctionMore Info
865-548-4215

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Mark JacksonJackson Real Estate & AuctionMore Info
865-548-4215

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.