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8668 Lakeshore Drive, Rutledge, TN 37861

$699,000
  • 8668 Lakeshore Drive, Rutledge, TN 37861 Main Photo

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New to the Market Active
SQUARE FEET1,248 MLS#313159
STATUSActive PROPERTY TYPECommercial - Business NEIGHBORHOODGrainger County

Property Description

Three streams of income today... room for so much more tomorrow.Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one.Beyond the existing income, the possibilities are nearly endless. A logging road winds throughout the mostly wooded property, making it easy to explore the land and envision its future. Whether you're looking to expand the current rental portfolio, create a tiny home community, develop additional homesites, establish a private retreat, or simply invest in East Tennessee land, this property offers the space and flexibility to bring your vision to life.Dreaming of a homestead? This property offers the privacy, acreage, water features, and infrastructure to create your own self-sufficient lifestyle. Looking for a multigenerational family compound? With three existing residences and ample room for additional homes, it's an ideal setting for keeping loved ones close while still allowing everyone their own space.A carport/workshop with electricity and water is already in place and is positioned near a generous area of level ground, creating an ideal location for another home, guest house, workshop, or future expansion. Enjoy the peaceful setting complete with a private pond, mature timber, established logging roads, and the security of a gated entrance.Income-producing properties with this much acreage and development potential are increasingly rare. Whether you're an investor seeking immediate returns, a family searching for room to grow together, or someone ready to embrace the homesteading lifestyle, this exceptional property offers an opportunity that's difficult to duplicate.

8668 Lakeshore Drive | MLS# 313159

This commercial property located at 8668 Lakeshore Drive, Rutledge, TN 37861 is currently listed for sale with an asking price of $699,000. Search Grainger County real estate on www.crye-leike.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 33.04 Acres
Taxes: $122

Feature Descriptions

Days on Site: 2
Parcel #: 061 05607 000

Listed By / Shown By

Listed By

Agency Name: Wallace Real Estate Lakeside

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: GSMAR MLS

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