1575 Old 15th Rd Active Save Request In-Person Tour Request Virtual Tour
Del Rio,TN 37727
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 1,890 sqft
Price per Sqft $422
MLS Listing ID 1240211
Style Historic
Bedrooms 4
Full Baths 1
Originating Board East Tennessee REALTORS® MLS
Year Built 1900
Lot Size 19.510 Acres
Acres 19.51
Property Description
Located in Del Rio, in the heart of the Appalachian Mountains. This 20-acre multi-family/event center property includes a fully functional restaurant named 'Annie's Pork and Beans' with a significant following and occasional live music events. It also includes a spacious historic home and several other income producing opportunities. One functioning overnight rental unit, renting for $80 per night. Multiple campsites available for rent at $20 per night. Two additional buildings that can be finished for additional overnight rental income. There's also 100-year-old spring on the property that could be used for artisan gravity-fed water.
The home on the property was built in 1900, this home has 4 bedrooms and 1 bathroom. Features original hardwood floors and multiple propane heat sources.
Several updates have been made in the last 5 years, enhancing its livability.
The restaurant was originally established in 2017 after the property's previous store closed in 1978 after being open since 1896. The restaurant includes a kitchen, walk-in freezer, an open dining porch, two bathrooms, and a shower/laundry area. It's fully equipped and ready for new owners to take over. The property was featured on the Discovery Channel's 'Homestead Rescue,' which helped build the kitchen addition and a waterwheel that can produce a full months worth of power in one day.
The property is zoned forestry with a commercial/residential overlay, providing flexibility for various uses. Facilities include a three-stall horse barn, four-stall goat barn, and storage. The rotating pasture and approximately a quarter-mile of creek frontage are ideal for homesteading and farming. It's also a great attribute for any type of event space or bed and breakfast.
The property offers multiple income streams, including restaurant sales, overnight rentals, and campsite rentals. There's potential to convert two additional buildings into other rental units providing additional income opportunities.
The property is deeply rooted in the local community, with antiques donated by community members spread throughout the restaurant space.
It was also part of Christy Mission, adding to its historical significance. Overall, this property appears to be a unique opportunity for someone interested in both history and income generation. Its mix of historical charm, natural beauty, and existing revenue streams make it an appealing investment for the right buyer.
Additional 5 acres for sale on Old 15th Road that has some areas already partially cleared.
Location
State TN
County Cocke County - 39
Area 19.51
Rooms
Family Room Yes
Other Rooms LaundryUtility, Bedroom Main Level, Extra Storage, Family Room, Mstr Bedroom Main Level
Basement Crawl Space
Guest Accommodations Yes
Dining Room Formal Dining Area
Interior
Interior Features Eat-in Kitchen
Heating Propane,Other,Electric
Cooling Ceiling Fan(s),Window Unit(s)
Flooring Laminate,Hardwood
Fireplaces Type Other,Wood Burning,Wood Burning Stove
Appliance Dryer,Range,Refrigerator,Washer
Heat Source Propane,Other,Electric
Laundry true
Exterior
Exterior Feature Windows - Insulated,Porch - Covered
Parking Features Detached
Garage Spaces 1.0
Garage Description Detached
View Country Setting,Other
Total Parking Spaces 1
Garage Yes
Building
Lot Description Creek,River,Pond,Wooded,Irregular Lot,Rolling Slope
Faces Follow I-40 east to Hartford Rd exit 447. Take Big Creek Rd to Old 15th Rd. Property will be on your left
Sewer Septic Tank
Water Private
Architectural Style Historic
Additional Building Storage,Stable(s),Workshop,Guest House
Structure Type Vinyl Siding,Wood Siding,Frame
Schools
High Schools Cosby
Others
Restrictions No
Tax ID 086 019.00
Energy Description Electric, Propane
Acceptable Financing New Loan,Cash,Conventional
Listing Terms New Loan,Cash,Conventional