100 Scott St, Tellico Plains, TN 37385

$950,000 Asking Price

5 beds
8 baths
4,937  sqft
Built in 1940

Welcome to the heart of Tellico Plains, where history meets hospitality in this charming downtown gem! This meticulously maintained historical building presents an exceptional opportunity for investors or entrepreneurs seeking to immerse themselves in the thriving bed and breakfast industry. As you step through the grand entrance, you're greeted by the timeless allure of this 4937-square-foot establishment. The inn boasts five impeccably furnished bedrooms, each with a full bath, ensuring unparalleled comfort for guests seeking a serene retreat. Additionally, three half baths provide convenience and luxury throughout the premises. The soul of this establishment lies within its full commercial kitchen, meticulously designed to cater to the culinary needs of a bustling bed and breakfast operation. Whether whipping up gourmet breakfasts or crafting delectable evening delights, this space is a haven for culinary enthusiasts and entrepreneurs. The inviting ambiance extends to the common areas, where guests can unwind and socialize in two distinct dining areas. A serving bar adds an elegant touch, perfect for hosting intimate gatherings or fostering connections among travelers from around the globe. For the discerning proprietor, the master suite offers a private oasis with its own bathroom and kitchen facilities, providing a sanctuary amidst the bustling inn. The business potential of this property is undeniable, with a well-established presence in the local market and the opportunity to expand into the lucrative Airbnb sector. With its prime location in downtown Tellico Plains, guests are just steps away from boutique shops, quaint cafes, and the picturesque beauty of the surrounding area. Don't miss your chance to own a piece of history and embark on a rewarding entrepreneurial journey in one of Tellico Plains' most cherished establishments. Whether you're a seasoned investor or a first-time entrepreneur, this bed and b Whether you're a seasoned investor or a first-time entrepreneur, this bed and breakfast presents a rare opportunity to turn your dreams into reality. Schedule your viewing today and prepare to be captivated by the timeless charm of this historic inn. This building is for sale and not the business. Buyer or buyers agent to verify all information.

Features & Amenities

Interior

General:
Pantry
Appliances:
Dishwasher, Dryer, Range, Refrigerator, Smoke Detector, Washer
Basement:
Slab
Flooring:
Laminate, Tile
A/C:
true, Central Cooling
Heating:
true, Central, Electric
Fireplace:
Fireplaces: 0

Exterior

General:
Patio, Balcony
Style:
Historic
Parking:
None

Construction

General:
Stone, Wood Siding, Frame, Brick

Location

Originating MLS:
East Tennessee REALTORS® MLS
County:
Monroe County - 33

Lot

Zoning:
146b C 007.00
View:
Mountain View, City

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
East Tennessee REALTORS® MLS

This listing courtesy of:
East Tennessee Properties, LLC

About Tellico Plains, TN

Housing

Number of Units
3,865
Median Home Value
$147,251
Median Rent
$461

11.13% of housing units are renter occupied.

18.53% are vacant.

Commute

Car
92.06%
Public Transportation
0.02%
Walk to Work
1.49%
Work from Home
6.41%
Other
0.03%

The median travel time to work is 37 minutes.

People

Population
7,389
Median Age
46.60
Median Household Size
2.73

Education

High School
41.60%
Associate’s Degree
6.45%
Bachelor’s Degree
8.72%
Graduate Degree
2.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: