$875,000 1989 Archie Rhinehart Pkwy Spencer, TN

MLS: 2295679   Type: Commercial   County: Van Buren   City: Spencer   Neighborhood: The Way Inn   Zip: 38585   Style: Mixed Use     Taxes: $3,217

Mortgage $4,108 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

0

0

0

12,468

2.65

1978

NEW PRICE! AMAZING OPPORTUNITY TO OWN OR LEASE AND PRESERVE A WIDELY KNOWN TREASURED VACATION SPOT AT THE ENTRANCE TO THE FALL CREEK FALLS NATIONAL PARK IN THE SMOKY MOUNTAINS OF TENNESSEE! THIS MOTEL IS CLEAN AND SIMPLE, AND ALSO OFFERS A CONVENIENCE STORE WITH GAS AND A RESTAURANT, MAKING IT A MUST STAY FOR THOSE WHO ENJOY A FRIENDLY, NO FRILLS AREA, SURROUNDED BY NATURE AND SIMPLY CLEAN FACILITES FOR EVERYONE. THE WAY INN IS A PROPEROUS PACKAGE ALL IN ONE.

Elementary School

Middle School

High School

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Price History

9/30/2021 Listed $950,000
11/15/2021 6% - $899,000
11/19/2021 3% - $879,000
11/30/2021 1% - $875,000

Building Area Units Square Feet
City Spencer
County Van Buren County, TN
Days on Market 107
Directions I-40 TO EXIT 287 ONTO SR-136 TOWARDS SPARTA THEN R ONTO S JEFFERSON TOWARDS SPARTA ..MERGE R TO SR-111 TOWARDS SPARTA S-136 SOUTH, CONTINUE TO SPENCER HWY, TURN L ON OLD STATE HWY 111
Possession Close Of Escrow
Property SubType Mixed Use
Property Type Commercial Sale
Roof Shingle
Security Features Smoke Detector(s)
Standard Status Active
Status Active
Street Name Archie Rhinehart Pkwy
Subdivision Name The Way Inn
Tax Annual Amount 3217
Total Actual Rent 0
Year Built 1978
Zoning COM

Interior Features

Air Conditioning Y/N N
Heating Y/N N

Exterior Features

Building Area Total 12468
Covered Spaces 0
Lot Size Acres 2.65
Lot Size Area 2.65
Lot Size Source Assessor
Lot Size Units Acres
Waterfront Y/N N

Property Schools



Direct Link:

https://www.nashvilletnforeclosures.com/property/12-2295679-1989-Archie-Rhinehart-Pkwy-Spencer-TN-38585

Gallery (8 photos)

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Property vs Zip Code Avg (38585)

Price 875K Avg 436K

Sqr Feet 12,468 Avg 8,394

Cost / Sqr Ft $70 Avg $52

Taxes $3,217 Avg $1,691

Acres 2.65 Avg 4.59

Visits 4 Avg 4

Days on Site 122 Avg 105

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Listing Provided Courtesy Of: RE/MAX Carriage House - 6158720766




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Location & Address

Brandon Patrick
3401 Mallory Lane #100
Franklin, TN
615-474-2808