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Cantilever Barn with Commercial Kitchen 7264 E Lamar Alexander Pky 6,488 SF 100% Leased Retail Building Townsend, TN 37882 $1,750,000 ($269.73/SF)
INVESTMENT HIGHLIGHTS
- Historic cantilever barn that can be used for retail or residential use.
- Situated on nearly 1.8 acres with award-winning gardens and outdoor space with mountain views.
- Comprehensive amenities including on-site catering with commercial kitchen.
EXECUTIVE SUMMARY
Property Highlights
Architectural Landmark: A meticulously crafted 6,488 SF cantilever barn, celebrated as a local architectural icon.
Expansive Grounds: Nearly 1.8 acres featuring award-winning gardens, outdoor gathering areas, and picturesque mountain views.
Commercial Kitchen: A fully equipped, commercial-grade kitchen provides immediate potential for restaurant operations, catering services, or integration into a mixed-use concept.
Redevelopment Potential: Zoned B-1, allowing flexibility for retail, hospitality, or food-and-beverage concepts. The property also presents a rare opportunity for creative redevelopment into multi-rental units, boutique lodging, or a one-of-a-kind mixed-use project that capitalizes on Townsend’s growing tourism market.
Strategic Location: Adjacent to a planned 50+ unit glamping resort, positioning this property at the heart of an emerging destination corridor.
Turnkey Venue: Currently operated by the owners as a successful event venue, offering an established reputation and immediate revenue opportunity.
Please do not approach the property without an appointment with
Architectural Landmark: A meticulously crafted 6,488 SF cantilever barn, celebrated as a local architectural icon.
Expansive Grounds: Nearly 1.8 acres featuring award-winning gardens, outdoor gathering areas, and picturesque mountain views.
Commercial Kitchen: A fully equipped, commercial-grade kitchen provides immediate potential for restaurant operations, catering services, or integration into a mixed-use concept.
Redevelopment Potential: Zoned B-1, allowing flexibility for retail, hospitality, or food-and-beverage concepts. The property also presents a rare opportunity for creative redevelopment into multi-rental units, boutique lodging, or a one-of-a-kind mixed-use project that capitalizes on Townsend’s growing tourism market.
Strategic Location: Adjacent to a planned 50+ unit glamping resort, positioning this property at the heart of an emerging destination corridor.
Turnkey Venue: Currently operated by the owners as a successful event venue, offering an established reputation and immediate revenue opportunity.
Please do not approach the property without an appointment with
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,488 SF
Year Built
2005
Price
$1,750,000
Price Per SF
$269.73
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.08
Lot Size
1.80 AC
Zoning
B-1 - The B is designed to support a harmonious blend of commercial, public, semi-public, and residential uses.
Parking
100 Spaces (15.41 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 096-108.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $231,880 |
PROPERTY TAXES
Parcel Number
096-108.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$231,880
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Cantilever Barn with Commercial Kitchen | 7264 E Lamar Alexander Pky
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