122 Main StMountain City, TN 37683

Property Details for 122 Main St

Year built

1946

Construction

WOOD

Lot size

40.00 AC

Property size (Sq ft)

1,314 SF

Property type

Retail properties

Property subtype

Retail space

APN

046041P H 00400

APU

046041PH00400

Description

This exceptional opportunity presents the chance to acquire a well-established and profitable daycare center in Mountain City, Tennessee. Located at 122 E Main St, this 2,100 square foot facility sits on a 4,400 square foot lot and enjoys a high-traffic location directly across from Food Country grocery store, ensuring maximum visibility and accessibility. Built in 1946 and extensively renovated in 2022, the property boasts three bathrooms, a full kitchen, and a dedicated wash station, all essential for a successful daycare operation. A fenced and paved rear area provides a secure and enjoyable play space for children, complemented by a fenced front yard. The asking price for the real estate is $135,000. The current owner is also open to selling the established and highly sought-after daycare business separately, with financial details available upon request for an additional $145,000. This presents a unique opportunity for an owner-user or investor seeking a turnkey operation in a strong market. The property's Class C designation reflects its solid functionality and recent renovations. The business enjoys high community visibility and is situated on one of Mountain City's busiest streets, ensuring consistent exposure to potential clients. This is a rare chance to acquire a thriving business and valuable real estate in a desirable location. The property's APN is 041P H 004.00.

• CAP approach

  CAP return

  Valuation

  6%

  $451,326

  6.5%

  $416,609

  7%

  $386,851

• Comparable approach

  Method

  Valuation

  Relative Method

  $560,732

  Geo Method

  $560,732

• Alternative Use

  Use

  Valuation

  Residential

  $351,425

  Hospitality

  $321,904

  Educational

  $267,820

  Medical

  $277,031

  Retail

  $416,609

Location Insight

City

Mountain City

County

Johnson

State

Tennessee

Latitude

36.474

Longitude

-81.8031

Property Tax & Assessments

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