800-818 N Main St, Sweetwater, TN 37874
Local realty services provided by:CENTURY 21 Legacy
800-818 N Main St,Sweetwater, TN 37874
$1,200,000
- - Beds
- - Baths
- 56,000 sq. ft.
- Multi-family
- Pending
Listed by: christopher t lizarraga
Office: vonkeith properties
MLS#:1330395
Source:TN_KAAR
Price summary
- Price:$1,200,000
- Price per sq. ft.:$21.43
About this home
The historic Old Hosiery Mill of Sweetwater presents a rare large-scale mixed-use development opportunity totaling approximately 56,000 +/- square feet across four buildings in a prime downtown location just off I-75.
A standout feature is the expansive 7,500 SF (approx.) 4-bedroom, large 1-bath apartment with a full kitchen located in the upper level above the first market building.. This oversized residential unit provides an ideal opportunity for owner-occupancy while overseeing redevelopment, a live/work setup, or immediate rental income as part of a phased multifamily conversion plan.
Master plans have already been completed for loft-style apartments within the mill structure, offering a clear path toward expanded residential development. The building's soaring ceilings, oversized windows, and open industrial spans make it exceptionally well-suited for adaptive reuse into loft residences, mixed-use space, or multifamily units.
The property currently includes Market at the Mill operating under a 10-year lease, providing stabilized income while future residential units are developed -- making this an attractive option for investors seeking both cash flow and long-term upside.
Investment Highlights:
-Approx. 56,000 +/- SF across four buildings
-7,500 SF 4BR apartment ideal for owner-occupancy or rental income
-Master plans completed for additional loft development
-Long-term commercial tenant in place
-Historic architecture with high ceilings and industrial character
-Walkable Main Street location in growing Sweetwater
-Strong access from I-75 with ample parking
-Potential 1031 exchange replacement property
This property offers the rare combination of stabilized income, residential scale, and value-add multifamily expansion in one of East Tennessee's growing downtown corridors. Ideal for developers, adaptive reuse investors, and buyers seeking a potential 1031 exchange opportunity with both immediate cash flow and long-term development upside....
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Home facts
- Year built:1971
- Listing ID #:1330395
- Added:230 day(s) ago
- Updated:March 10, 2026 at 07:29 AM
Rooms and interior
- Living area:56,000 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Ceiling, Electric
Structure and exterior
- Year built:1971
- Building area:56,000 sq. ft.
- Construction Materials:Block, Brick
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$21.43
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