2353 Highway 107 Unicoi, TN 37692
1.88 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1317554
Year Built 2020
Lot Size 1.880 Acres
Acres 1.88
Source East Tennessee REALTORS® MLS
Property Description
Fully Rented Triplex + Micro RV/Tiny Home Park Opportunity on the River!
Welcome to 2353 Highway 107, a dream investment property offering endless opportunity in the scenic Limestone Cove area of Unicoi, TN. Nestled on 1.9 acres along the North Indian Creek River, this property combines modern renovations, multiple income streams, and future expansion potential.
This impressive 5,000 sq. ft. building has been completely reimagined with over $100,000 in renovations and includes three beautifully finished townhomes (completed January 2024). The property is fully rented, providing immediate income for a new owner.
Two townhomes are approximately 1,200 sq. ft. each, featuring 2 bedrooms, 2 full bathrooms, and a flexible office/bonus room. Both are currently rented for $1,350/month each.
The expansive 2,400 sq. ft. garage loft offers multi-use potential -- currently rented for $1,500/month -- featuring 1 bedroom, a spacious loft room, kitchen, dining area, laundry setup, and 12' garage doors perfect for large vehicles or event use.
Beyond the building, this property offers incredible development potential with a partially completed Micro RV/Tiny Home Park.
$30,000 in groundwork and site prep already completed
7 total lots near the river
4 lots approved for septic, water, and electric
3 additional lots approved for water and electric only
Clearing and grading complete with utilities ready for final connection
Additional features include:
Over 109 ft of road frontage on Highway 107
Fenced side yard
Outdoor shed for additional storage
Shared laundry center for tenants and guests in main building. Unit 3 has their own laundry.
With flexible zoning and a unique combination of riverfront access, full occupancy, rental income, and expansion potential, this property is ideal for investors, developers, or entrepreneurs. Whether you envision continuing the development into a Micro RV/Tiny Home Park, operating short-term rentals, or creating a venue or retreat space, the possibilities are endless.
This income-producing, fully rented riverfront property is ready for its next owner -- schedule your showing today!
Location
State TN
County Unicoi County
Area 81892.0
Rooms
Other Rooms Split Bedroom, Mstr Bedroom Main Level
Interior
Interior Features Cathedral Ceiling(s)
Heating Baseboard, Other, Electric
Cooling Wall Cooling, Ceiling Fan(s)
Window Features Windows - Dble Pane
Appliance Dryer, Range, Refrigerator, Washer
Heat Source Baseboard, Other, Electric
Exterior
Exterior Feature Porch - Covered, Shed, Windows - Dble Pane, Patio
Parking Features On Premise Parking
Garage Spaces 1.0
Garage Description On Premise Parking
Roof Type Metal
Porch true
Total Parking Spaces 1
Garage Yes
Building
Faces From I 26 towards Asheville. Take Unicoi exit 32. Left at ramp. Right onto Old Erwin hwy. go 1 mile and turn left onto HWY 107 at Hardware Store. Property will be on the left. Sign on property.
Additional Building Shed
Structure Type Frame,Other
Others
Tax ID 019 014.11
Security Features Smoke Detector
Energy Description Electric
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
Nearby Locations
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