Loudon, TN 37774
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Blairland Add
MLS Listing ID 1356184
Year Built 1946
Lot Dimensions 91 x 90
Source East Tennessee REALTORS® MLS
Property Description
A solid opportunity for investors or business owners looking for a property that pays for itself. This 2,320 sq ft two-story building offers commercial space, two rental units, and a separate storage building -- all on one lot in downtown Loudon.
The first floor is an open shop/storage space with its own bathroom, suited for a retail business, workshop, or warehouse use. Upstairs are two newly renovated 1-bedroom, 1-bath duplex units, both move-in ready.
A 160 sq ft storage shed on the lot adds extra room for inventory, tools, or equipment -- a nice bonus most properties in this price range don't have.
This setup gives you options: run a business on the ground floor while the two upstairs units help cover the mortgage, live in one unit and rent the other, or lease out all three spaces for full rental income.
Location is a strong point -- just minutes from Court Square, local shops, restaurants, and Monkey Town Brewing, with the visibility and walkability that downtown Loudon offers.
Whether you're looking for immediate cash flow or a place to run your own business without paying rent, this property is worth a look. Newly renovated units, added storage, and a good location make this one worth moving on.
Call me for details or to schedule a showing.
Location
State TN
County Loudon County - 32
Rooms
Other Rooms Other
Interior
Heating Natural Gas, Space Heater, Electric
Cooling Window Unit(s)
Flooring Hardwood
Appliance Range, Refrigerator, Self Cleaning Oven
Heat Source Natural Gas, Space Heater, Electric
Exterior
Exterior Feature Deck, Shed
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Roof Type Metal
Garage No
Building
Faces Via I-40 from Knoxville head west and keep left to continue on I-75 take exit 76. Turn left on Sugarlimb Rd (324). Turn right onto US 11. Turn left on Ward Ave. Turn left onto Church St listing will be on your right. SOP
Additional Building Shed
Structure Type Stucco,Block,Frame
Others
Restrictions No
Tax ID 041H H 006.01
Energy Description Electric, Gas(Natural)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional