1575 Old 15th Rd
Del Rio,
TN
37727
Property Details
| List Price: |
$850,000 |
| Beds: |
4 |
| Baths: |
1 |
| Status: |
Active |
SqFt: |
1890 |
| Agency: |
Realty Executives Associates |
Description/Comments
| Lot Size: |
19 acre(s) |
| Property Type: |
Residential |
| Year Built: |
1900 |
| Notes: |
Located in Del Rio, in the heart of the Appalachian Mountains. This 20-acre property includes a fully functional restaurant named 'Annie's Pork and Beans' with a significant following and occasional live music events. It also includes a spacious historic home and several other income producing opportunities. One functioning overnight rental unit, renting for $80 per night. Multiple campsites available for rent at $20 per night. Two additional buildings that can be finished for additional overnight rental income. There's also 100-year-old spring on the property that could be used for artisan gravity-fed water.<br />
<br />
The home on the property was built in 1900, this home has 4 bedrooms and 1 bathroom. Features original hardwood floors and multiple propane heat sources.<br />
Several updates have been made in the last 5 years, enhancing its livability.<br />
<br />
The restaurant was originally established in 2017 after the property's previous store closed in 1978 after being open since 1896. The restaurant includes a kitchen, walk-in freezer, an open dining porch, two bathrooms, and a shower/laundry area. It's fully equipped and ready for new owners to take over. The property was featured on the Discovery Channel's 'Homestead Rescue,' which helped build the kitchen addition and a waterwheel that can produce a full months worth of power in one day. <br />
<br />
The property is zoned forestry with a commercial/residential overlay, providing flexibility for various uses. Facilities include a three-stall horse barn, four-stall goat barn, rabbit coop, chicken coop, quail coop, and storage. The rotating pasture and approximately a quarter-mile of creek frontage are ideal for homesteading and farming. It's also a great attribute for any type of event space or bed and breakfast.<br />
<br />
The property offers multiple income streams, including restaurant sales, overnight rentals, and campsite rentals. There's potential to convert two additional buildings into other rental units providing additional income opportunities.<br />
<br />
The property is deeply rooted in the local community, with antiques donated by community members spread throughout the restaurant space.<br />
It was also part of Christy Mission, adding to its historical significance. Overall, this property appears to be a unique opportunity for someone interested in both history and income generation. Its mix of historical charm, natural beauty, and existing revenue streams make it an appealing investment for the right buyer.<br />
<br />
Additional 5 acres for sale on Old 15th Road that has some areas already partially cleared. |
| MlsNumber: |
1240211 |
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| Listing Provided By: |
Realty Executives Associates, original listing |
| Name: |
Realty Executives Associates |
| Phone: |
(865) 588-3232 |
| Office Name: |
Realty Executives Associates |
| Office Phone: |
(865) 588-3232 |
| Agent Name: |
Michael Gross |
| Disclaimer: |
Copyright © 2024 Knoxville Area Association of Realtors ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
