108 Cumberland StCowan, TN 37318

  • Retail properties
  • 1,934 SF
For Sale
$849,900 View listing

Property Details for 108 Cumberland St

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.03 AC
Property size (Sq ft)
1,934 SF
Property type
Retail properties
Property subtype
Retail space
APN
026077M B 01100
APU
026077MB01100

Description

This charming 9-bedroom hotel in Cowan, Tennessee, presents a unique investment opportunity. Located on Cumberland Street East, this 9,500 square foot property is ideally situated within a 15-minute drive of the University of the South in Sewanee, catering to visiting families, alumni, and prospective students. Its proximity to The Caverns, a popular music venue, further enhances its appeal to a diverse clientele. The hotel includes a fully functional kitchen, allowing for operation as a bed and breakfast, adding another revenue stream. An on-site studio apartment provides convenient owner/manager housing. The property also features an event space suitable for weddings, conferences, or private parties, and an adjacent retail space (previously a barber shop) with a separate entrance, offering additional rental income potential. Priced at $849,900, this versatile property combines comfortable accommodations with multiple income-generating opportunities in a desirable location. The property's combination of hotel rooms, event space, and retail space provides a unique and diversified income potential. This is a turnkey operation ready for a new owner to step in and continue its success. The convenient location and diverse revenue streams make this a compelling investment in the thriving Tennessee hospitality market.

108 Cumberland St, Cowan, Tennessee

Location Insight

City
Cowan
County
Franklin
State
Tennessee
Latitude
35.1647
Longitude
-86.0101
CBSA code
46100
CBSA name
TULLAHOMA, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$850
$1,120
$29,360
$30,480
-
$2,800
$73,400
$76,200

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