502 Pennlyn Ave - Specialty FOR SALE


Cumberland Gap, TN 37724
$1,100,000 USD
415-867-2100
502 Pennlyn Ave, Cumberland Gap, TN for Sale
$1,100,000 USD
Specialty - FOR SALE
1/23
null | Request Cap Rate

NEW


502 Pennlyn Ave
Cumberland Gap, TN 37724


HIGHLIGHTS

  • It is the opportunity to acquire an established hospitality platform with proven operating history, strong regional goodwill, multiple income streams
  • Historic landmark venue with capacity for approximately 100 guests
  • Five-bedroom, three-bath Parsonage Guest House sold furnished with antiques - Currently on Airbnb and private rental

OVERVIEW

The Olde Church & Parsonage Guest House is a turnkey boutique hospitality and event business located in historic Cumberland Gap, Tennessee. The offering combines a restored 1890 church, a renovated five-bedroom guest house, a licensed commercial kitchen, established operating systems, existing bookings, and multiple revenue streams. The property benefits from its location between Cumberland Gap National Historical Park and Lincoln Memorial University, providing diversified demand from weddings, tourism, university events, corporate gatherings, and private celebrations.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Olde Church and Parsonage Guest House

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Lodge/Meeting Hall

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

Commercial Residential

APN/PARCEL ID

001L-B-016.00

ASK ABOUT THIS PROPERTY

Bill LinnLinn ConstructionMore Info
415-867-2100

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Bill LinnLinn ConstructionMore Info
415-867-2100

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