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328 Cumberland Street, WCowan, TN 37318Price: $567,000

  • Price: $567,000
  • 42 Days on Market
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Federal 30-year interest rate: 6.76% last updated on May 8, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $567,000List Price
  • 1.18Acreage
  • 1999Year Built
  • 4,790Square Feet

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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 of 328 Cumberland Street, W

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Based on information submitted to TN_REALTRACS as of May 15, 2025 11:59 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Listed by John Michael Peck of Peck Realty Group,LLC