$39,000

1204 Nashville Hwy, Lancing, TN 37770

  • 1,561 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1976
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $25/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

MOTIVATED SELLER - Price reduced to sell quick! INVESTOR SPECIAL! This unique property is nestled in the heart of Lancing—a quiet, close-knit unincorporated town in Morgan County. This building is historically known to many that live here as the Lancing Laundromat. It also included a one-bay car wash, beauty salon, mechanical room, and a community arts and crafts/meeting room. This structure holds a slice of the town's history and is ready to be restored and brought back to life. Situated on a 0.25-acre lot, this 1976-built property features four separate interior rooms, an outdoor porch, and a large detached garage. All with solid concrete floors, connecting interior and exterior block walls, and a durable metal roof—making this a super strong, solid structure from top to bottom. Currently zoned residential but can easily be rezoned for commercial use—this is a perfect candidate for a residential home, business, community hub, Airbnb, church, apartments, mini motel, or office space. Located in a peaceful, low-traffic neighborhood, it provides the ideal blend of tranquility and accessibility for residents or visitors alike. Lancing offers a serene, rural setting surrounded by the natural beauty of the Cumberland Plateau, with rolling hills and breathtaking mountain views. Nature lovers will appreciate quick access to Catoosa Wildlife Management Area, Obed Wild & Scenic River, and Frozen Head State Park—all nearby for endless hiking, fishing, and outdoor adventures. Just behind the property, a stretch of railroad tracks adds to the nostalgic charm. You might catch a passing train—a gentle reminder of simpler times and a unique touch of small-town character that makes this spot even more special. The current owner has already begun making improvements with the intention of creating a personal residence and several Airbnb rental units. This is a great opportunity for a visionary investor to restore its historic charm or maximize its income potential in a truly one-of-a-kind setting.

Listing Status:
Active
Date Added:
April 30, 2025 at 05:00AM
Listing Office:
eXp Realty, LLC : 888-519-5113
MLS ID:
1299285
  • Flooring: Other
  • A/C: None
  • Heating: NoneNatural Gas

This listing courtesy of eXp Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wartburg Central Elementary School

1315 Knoxville Hwy, Wartburg, TN, 37887

Grades PK-5

4.56 miles away

W

Wartburg Central Middle School

146 Liberty Rd, Wartburg, TN, 37887

Grades 6-8

6.43 miles away

W

Wartburg Central High School

1119 Knoxville Hwy, Wartburg, TN, 37887

Grades 9-12

4.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.