Property Description

Listing Status

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  AC:Heat Pump3	true
  Business Type:Residential2	true
  Business Type:Restaurant	true
  Contract Info:Foreclosure	No
  Development Status:See Remarks37	true
  Easements:None12	true
  Electric Service:220 Volts	true
  Exterior Finish:Brick4	true
  General Property Description:# Parking Spaces	16
  General Property Description:# Restrooms	6
  General Property Description:Acres	0.44
  General Property Description:Annual Lease	0.0
  General Property Description:HOA YN	No
  General Property Description:Lease	No
  General Property Description:Lot Size2	49.6X388.14 IRR
  General Property Description:Road Frontage Length	49
  General Property Description:Stories3	2.0
  General Property Description:Total SqFt Finished	9000.0
  General Property Description:Total SqFt Unfinished	600.0
  General Property Description:Zoning2	HB-2
  Heating:Heat Pump2	true
  Info Available:See Remarks28	true
  Location Tax Legal Info:City Taxes	3518.0
  Location Tax Legal Info:County Taxes	4893.59
  Location Tax Legal Info:Deed Book #	1407
  Location Tax Legal Info:Deed Page #	611
  Other Equipment:Range2	true
  Other Equipment:Refrigerator2	true
  Other Equipment:Smoke Detector(s)2	true
  Other Equipment:Washer2	true
  Property Condition:Above Average	true
  Remarks Misc:Directions3	From 66 Turn Right onto Main Street Follow and see properties on right at 114 and 116 East Main Street. There is parking around back as well
  Remarks Misc:Public Remarks7	Exceptional Historic Investment Opportunity in Downtown Rogersville Seize a rare, once-in-a-lifetime opportunity to own two meticulously restored historic gems at 114 and 116 East Main Street, Rogersville, TN 37857. Located in the heart of Rogersville's Historic District—listed on the National Register of Historic Places since 1979—these properties honor Tennessee's second-oldest town, founded in 1787 and settled as early as 1775 by Davy Crockett's grandparents. Constructed in the mid-19th century using traditional brick masonry in Federal-style architecture, they served as key stops along stagecoach routes like the Great Wagon Road. Notably, 116 East Main Street, the Powel House or Powel Hotel, was built around 1842-1855 by attorney George R. Powel as a traveler's inn, with adjacent 114 East Main Street sharing this historic block. Featuring original elements like tin ceilings in one restaurant, wood flooring in one apartment, nine-foot arched windows overlooking Main Street, and high ceilings throughout, these 9,000-square-foot brick structures blend heritage with modern appeal. Offered at just under two million, they provide unmatched residential and commercial potential. Property Overview Dual-Story Design: Each includes a 2,400 square foot apartment above a functional restaurant. Each apartment is fully equipped with appliances. One of the apartments also includes TVs, and bedroom furniture for immediate use or rental. Restorations: Upgraded to high standards with new electrical, plumbing, windows, doors, bathrooms, and kitchens, ensuring efficiency while preserving 19th-century authenticity and resilience. Prime Location and Amenities In vibrant downtown Rogersville, enjoy walkable access to shops, events, several restaurants, and the 1824 Hale Springs Inn just 200 feet away—echoing the Powel Hotel's hospitality roots. A private lot with 16 spaces adds convenience. The site's Civil War significance, including the 1863 Battle of Rogersville and Powel family ties, enhances its storied allure near the historic courthouse. Income-Generating Potential Commercial Spaces: Ground-floor restaurants are occupied with 30-day leases, allowing flexible transitions. Since 1855, first floors have thrived with diverse ventures: from the Powel Hotel's tavern and store, to 20th-century retail, Hawkins County Council for the Arts (1990s-2010s), and current spots like The Hollywood Hillbilly (live music, memorabilia) at 116 and award-winning Little Town Italian at 114—proving enduring commercial success. Residential Opportunities: Vacant apartments suit long- or short-term rentals like Airbnb, tapping downtown demand. Projections: Each building yields $50,000-$100,000 annual income based on strategies. This investment fuses history and profitability in a preserved district. Ideal for residence, business expansion, or revenue diversification, 114 and 116 East Main Street embody lasting value and possibility.
  Restrictions:Other37	true
  Road Access:City Street	true
  Roof:Rubber	true
  Sale Includes:Fee Simple	true
  Sewer:Public Sewer	true
  Utilities:Cable Available	true
  Utilities:Electricity Connected	true
  Utilities:Natural Gas Connected	true
  Utilities:Phone Connected	true
  Utilities:Sewer Connected	true
  Utilities:Water Connected	true
  Water:Public	true
  Videos:	(none)
  Virtual Tours:	(none)

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