5500 Roan Creek Road
Mountain City, TN, 37683 $ 990,000
Baths2.0 Sq 8,824 Monthly Estimate*
$ 6,096
Studio for $990,000 with 2 full baths. This 8,824 square foot home was built in 1954 on a lot size of 4.48.
Positioned in a scenic, unrestricted-use area, this historic schoolhouse has been thoughtfully reimagined into a high-performing mixed-use commercial property with expansive mountain views. Blending timeless character with functional adaptability, this distinctive offering is ideal for investors, business owners, and developers seeking a versatile asset with multiple income streams and robust infrastructure. A major asset now included with the property is a detached 40x90 black metal warehouse/shop, offering substantial additional space and functionality. It's equipped with a commercial propane heater, new mini-split system, and 480-volt, 3-phase, 400-amp power, which combines with the main building's 240-volt, 3-phase, 200-amp service to provide a total of 600-amp, 3-phase power—a rare infrastructure advantage for commercial or industrial use. The lower level houses three active businesses: a professional CrossFit gym, a construction company office, and a modern barbershop. Each operates within its own dedicated space, supported by shared amenities and ample on-site parking. Extensive property updates include new paint, a new front door, a new garage door, and a freshly paved blacktop surface, enhancing both aesthetics and readiness for continued operation. Most plumbing and electrical systems have been modernized, multiple HVAC systems have been installed, and the well pump was replaced approximately three years ago to support long-term value and efficiency. The upper level is partially finished and fully framed—ready to accommodate a variety of uses, from loft-style residential to co-working suites, creative studios, or additional commercial offices. With no zoning restrictions, the configuration is entirely up to the owner's vision. Adding even more flexibility, the property features a level, buildable front parcel ideal for outdoor events, recreational use, or future development, significantly expanding its functionality and long-term potential. With its blend of income-producing tenants, modern upgrades, and now-included warehouse, this one-of-a-kind property presents a rare opportunity in a scenic and high-demand mountain setting.
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FeaturesGeneralHeating Electric Forced Air
Cooling See Remarks
Roof Metal
Zoning N/A
Architectural Style Other See Remarks
Construction Materials Brick Other
Year Built 1954
View Mountain(s)
Topography Level
Property Subtype Single Family Residence
County Johnson
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Not In Subdivision
Other Structures Outbuilding
Total Rooms 10
Full Baths 2
Status Active
Directions From Highway 421 and Highway 167 take 167 5.3 miles see sign on right.
High School Johnson Co
City Mountain City
MLS Area 316 - Mtn. City/Johnson County
Lot Size Units Acres
Lot Size Square Feet 195148.8
Elementary School Roan Creek
Home Warranty Y/N false
Current Financing Conventional
Middle/Junior High School Johnson Co
Property Condition Above Average
MLS Area Minor 316 - Mtn. City/Johnson County
Structure Type Mixed Use
Standard Status Active
Conventional true
Cash true
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InteriorHeating Y/N true
Total Bedrooms 0
Total Baths 2
Attic Floored true
Attic Walk Up true
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ExteriorParking Features Asphalt
Water Source Well
Lot Size Area 4.48
Foundation Details Other
Building Area Total 12824
Lot Dimensions 701x309x360x100x240x248
Lot Size Acres 4.48
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* Excluded FeaturesList ByJessica AutenListing Agent
Premier Sotheby's North CarolinaBroker
jessica.auten@premiersir.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,096
- Monthly Property Taxes
- $241
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Mountain City, TN
Average List Price $469,577
Percent of Sale Price 53%
About Mountain City, TN 12,863 Population
5% Since 2002
$ 29,816 Median Income
43.13 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
856976 Elementary School
3615128 Middle School
Johnson Co High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/11/2026 | $990,000 | | Listed Price |