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Improved Mixed-Use Land for Sale in Mountain City, Tennessee

5500 Roan Creek Rd, Mountain City, TN 37683

$789,000
4.48 acres
Active
$86k drop
Est $4,106/mo

Positioned in a scenic, unrestricted-use area, this historic schoolhouse has been thoughtfully reimagined into a high-performing mixed-use commercial property with expansive mountain views. Blending timeless character with functional adaptability, this distinctive offering is ideal for investors, business owners, and developers seeking a versatile asset with multiple income streams and strong infrastructure. The lower level houses three active businesses: a professional CrossFit gym, a construction company office, and a modern barbershop. Each operates within a dedicated space, supported by shared amenities and ample on-site parking. Extensive updates include new paint, a new front door, new garage door, and a freshly paved blacktop surface, reinforcing the property's curb appeal and readiness for occupancy. Most plumbing and electrical systems have been upgraded, new HVAC systems have been installed, and the well pump was replaced just three years ago-all enhancing long-term value and operational efficiency. The upper level is partially finished and fully framed-ready to accommodate a variety of uses, from loft-style residential space to co-working suites, creative studios, or additional commercial offices. With no zoning restrictions, the configuration is entirely up to the owner's vision. Adding even more flexibility, the property features a level, buildable front parcel suitable for outdoor events, recreational use, or future development. This open green space significantly increases functionality and appeal. Black metal warehouse does not convey at this price but is negotiable. Owner is in the process of having the warehouse & small parcel removed from original survey but buyers have the option to purchase . With a blend of income potential, creative possibilities, and modern upgrades, this one-of-a-kind property presents a compelling opportunity in a scenic and high-demand mountain setting.

8,824
Sq feet
2
Full baths
1954
Built

Location

Street address
5500 Roan Creek Rd
Elevation
2,172 feet
Coordinates
36.3934, -81.8638

Directions

From Highway 421 and Highway 167, take 167 5.3 miles, see sign on right.

Property details

Acreage
4.48 acres
MLS #
TVARMLS 9981065
Posted

Property taxes

Recent
$2,887

Parcels

  • 068 009.00

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Structures
Outbuilding

Structure

Stories
2
Water
Well
Heating
Electric, Forced Air
Materials
Brick
Roof
Metal

Interior

Room Count
10
Rooms
Bathroom x 2

Nearby schools

NameLevelDistrictDescription
Roan CreekElementary
Johnson CoMiddle
Johnson CoHigh

Listing history

DateEventPriceChangeSource
Aug 20, 2025Price drop$789,000$86,000 -9.8%TVARMLS
July 22, 2025Price drop$875,000$25,000 -2.8%TVARMLS
June 3, 2025New listing$900,000TVARMLS
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This 4.48-acre property is located at 5500 Roan Creek Rd in Mountain City, TN 37683. The property is available for sale for $789,000. It has a 8,824 sq ft structure built in 1954.

Checked 1 hour ago — Updated

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