Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm, Pat McCollum is here to help!
Public Remarks: For Sale: 2353 Highway 107, Unicoi, TN 37692 Fully Rented Triplex + Micro RV/Tiny Home Park Opportunity on the River! Welcome to 2353 Highway 107, a dream investment property offering endless opportunity in the scenic Limestone Cove area of Unicoi, TN. Nestled on 1.9 acres along the North Indian Creek River, this property combines modern renovations, multiple income streams, and future expansion potential. This impressive 5,000 sq. ft. building has been completely reimagined with over $100,000 in renovations and includes three beautifully finished townhomes (completed January 2024). The property is fully rented, providing immediate income for a new owner. Two townhomes are approximately 1,200 sq. ft. each, featuring 2 bedrooms, 2 full bathrooms, and a flexible office/bonus room. Both are currently rented for $1,350/month each. The expansive 2,400 sq. ft. garage loft offers multi-use potential — currently rented for $1,500/month — featuring 1 bedroom, a spacious loft room, kitchen, dining area, laundry setup, and 12' garage doors perfect for large vehicles or event use. Beyond the building, this property offers incredible development potential with a partially completed Micro RV/Tiny Home Park. $30,000 in groundwork and site prep already completed 7 total lots near the river 4 lots approved for septic, water, and electric 3 additional lots approved for water and electric only Clearing and grading complete with utilities ready for final connection Additional features include: Over 109 ft of road frontage on Highway 107 Fenced side yard Outdoor shed for additional storage Shared laundry center for tenants and guests in main building. Unit 3 has their own laundry. With flexible zoning and a unique combination of riverfront access, full occupancy, rental income, and expansion potential, this property is ideal for investors, developers, or entrepreneurs. Whether you envision continuing the development into a Micro RV/Tiny Home Park, operating short-term rentals, or creating a venue or retreat space, the possibilities are endless. This income-producing, fully rented riverfront property is ready for its next owner — schedule your showing today!
From I 26 towards Asheville. Take Unicoi exit 32. Left at ramp. Right onto Old Erwin hwy. go 1 mile and turn left onto HWY 107 at Hardware Store. Property will be on the left. Sign on property.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
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