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    Mixed-Use Building on Main Street Title is generated by Realmo AI

    1097 Main Street, Sneedville, TN 37869

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    For Sale
    $250,000

    COMMERCIAL - Sneedville, TN

    Property size:
    2,040 SF
    Lot size:
    0.40 Acres
    Price / SF:
    $122/SF
    Added:
    Jan 22, 2026
    Days on Market:
    135
    Last Refresh:
    Jun 6 at 6:06 am

    Property Features for 1097 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-2
    Standard status
    Active
    APN
    045G B 01800 000
    Size
    2,040 SF
    Lot size
    0.40 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Storage For Harrison's Farm And Home
    Tax Annual Amount
    781

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1944
    Building materials
    Block, Concrete
    Roof type
    Composition, Built-Up

    We can help!

    Listing Contact
    David C Cantrell

    Listing agent David C Cantrell License #345533

    Listing office Whitetail Properties Real Estate LLC 149 Bonita Pkwy, Lenoir City, TN

    Listing date Jan 22, 2026

    MLS# 710199

    Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime downtown location on Main Street with excellent visibility and access.
    • Versatile B‑2 zoning allows for a wide range of commercial uses.
    • Existing 2,040 sq ft commercial building features a flexible open floor plan and deli‑style kitchen with a range stove.
    • Includes a 3 bedroom, 1 bath apartment upstairs.
    • Features a 1,000 sq ft attached shed for storage.
    • Public water and sewer are already in place.

    Overview

    This multi-use commercial building is improved with approximately 2,040 +/- square feet of finished space featuring durable epoxy flooring and an open floor plan designed for flexible operating concepts. A front customer-facing preparation/service area was previously used for coffee, beverages, and ice cream, with deli-style kitchen space and a range stove that will convey with the property. The layout provides a clear separation between the public service area and back-of-house operations. A rear portion of the building was previously used as a car garage, which can support storage, workshop use, or future conversion depending on the next operator’s needs. The property includes one bathroom downstairs for immediate functionality.

    Upstairs, there is a 3-bedroom, 1-bath apartment that could be returned to functional use with some TLC. An attached shed of approximately 1,000 +/- square feet adds additional space for equipment, inventory, or operational support. Public water and public sewer are in place, and there is an on-site front parking area for customer and employee access.

    Situated on Main Street in downtown Sneedville on a 0.40 +/- acre site, the property is located along the town’s primary corridor and is positioned for businesses serving both local traffic and visitors passing through. With B-2 zoning, the building supports a wide range of commercial uses, and the existing food service and event-friendly layout can be adapted for retail, dining, or community-focused programming. Note: at the rear area where the garage is located, the roof and floors are in need of repairs due to water damage. Buyer and Buyer's Agent to verify all information.
    Property Profile Location Intelligence

    Current Use by Public Records

    A Gathering place of Sneedville Cafe & Coffee Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Lively Iris Bakery Cafe & Creative Lounge — 1207 Main St, Sneedville, TN 37869

    Location Insight

    • Map
    • Local Demand
    City
    Sneedville
    County
    Hancock
    State
    Tennessee
    Longitude
    -83.219432
    Latitude
    36.528547

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    FAQs

    What type of property is this?
    Coffee shop - Multi-use downtown building with flexible open dining/retail layout, kitchen, and on-site apartment under B-2 zoning.
    Where is this coffee shop located?
    The property is located at 1097 Main Street Sneedville, TN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Prime downtown location on Main Street with excellent visibility and access.; Versatile B‑2 zoning allows for a wide range of commercial uses.; Existing 2,040 sq ft commercial building features a flexible open floor plan and deli‑style kitchen with a range stove.
    (828) 230-7778
    We can help!
    Listing Contact
    David C Cantrell
    Real Estate License ID: 345533
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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