Loudon, TN 37774

$349,000

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List Price: $349,000
MLS#: 1356184
Status: ACTIVE
Type: Single Family Residential
City: Loudon
County: Loudon
Year Built: 1946

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Property Description

LOUDON, TN - MIXED-USE INVESTMENT PROPERTY WITH STORAGE SHED, MINUTES FROM COURT SQUARE 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.

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Additional Information

Appliances: Refrigerator, Range, Self Cleaning Oven
Construction: Block, Frame, Stucco
Cooling: Window Unit(s)
Floors: Hardwood
Garage: Off Street
Lot Dimensions: 91 x 90
Subdivision: Blairland Add
Year Built: 1946
Subdivision: Blairland Add
Heating: Space Heater, Electric, Natural Gas
Num Of Units: 2