Estimated payment $2,903/month
Highlights
- No HOA
- Tile Flooring
- Property has 1 Level
- Home Security System
- Central Heating and Cooling System
About This Home
Presenting a versatile commercial property in the heart of scenic Cowan, Tennessee, at the base of the Cumberland Plateau. This 4,790-square-foot building, formerly an assisted living care center, offers a wealth of opportunities for adaptive reuse. ?
Property Highlights:
Accommodations: The facility includes 13 single-bed units, one double, and a premium double unit featuring a private bath and walk-in closet.?
Land
Facilities: Equipped with 3.5 ADA-compliant bathrooms, a communal dining area, a fully functional kitchen, and a welcoming guest reception area.?
Expansion Potential: Situated on a generous lot, the property offers ample space for future development or expansion.?
Potential Uses:
Residential Conversion: Ideal for transformation into apartments, dormitories, or a boutique bed and breakfast, capitalizing on the existing layout and accommodations.?
Medical Facility: Suitable for a doctor's office, rehabilitation center, or specialized care facility, leveraging the current healthcare-oriented infrastructure.?
Hospitality Ventures: The property's configuration and location make it a strong candidate for an Airbnb or similar short-term rental enterprise.?
This property's strategic location and adaptable design present a unique investment opportunity. Explore the potential to tailor this space to your vision in the charming community of Cowan, TN.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,247
Year Built
- Built in 1999
Home Design
- Vinyl Siding
Interior Spaces
- 4 Bedrooms
- 4,790 Sq Ft Home
- Property has 1 Level
- Tile Flooring
Home Security
- Home Security System
- Fire and Smoke Detector
- Fire Sprinkler System
Schools
- Cowan Elementary School
- South Middle School
- Franklin Co High School
Additional Features
- Lot Dimensions are 163.7 x 300
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 15 Units
Listing and Financial Details
- Rent includes electricity, water
- Assessor Parcel Number 088C A 00505 000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2025 10/07/25 | For Sale | $499,900 | 0.0% | $104 / Sq Ft |
| 10/01/2025 10/01/25 | Off Market | $499,900 | -- | -- |
| 08/06/2025 08/06/25 | Price Changed | $499,900 | -11.8% | $104 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $567,000 | -- | $118 / Sq Ft |
About the Listing Agent
With over 15 years of licensure and a lifetime immersed in the real estate industry, John Michael Peck brings a fresh, strategic approach backed by proven results. Specializing in Tims Ford Lake and surrounding areas, he leverages in-depth market insight to deliver outstanding service to buyers, sellers, and investors.
As a key member of The Peck Team, John Michael has helped the team earn industry recognition, including:
2021 Grand Centurion Award
5X Double Centurion
John's Other Listings
Source: Realtracs
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