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Income Producing Storage and Apartments
For Sale
$1,200,000

175 Lakeshore Drive, Bean Station, TN 37708

MULTI_FAMILY - Ranch - Bean Station, TN

Property SizeContact for details
Lot Size1.60 Acres
Days on Market199

Property Features for 175 Lakeshore Drive

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Bedrooms 7
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Basement, Bathroom 3, Bedroom 5, Bedroom 7, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 4, Bedroom 1
Interior features Beamed Ceilings
Exterior features Rain Gutters
Fireplace 1
Basement Partial, Unfinished, Block
Appliances Dishwasher, Electric Range, Refrigerator
Elementary school Bean Station
Middle school Rutledge
High school Grainger High School
Directions From Hwy 25E, Turn onto Lakeshore Drive and the property is on the left. McCoin Rentals
Subdivision Northeast
Standard status Active
APN 043 03600 000
Lot size 1.60 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Map 043 parcel 036.00 Deed Book 423 page 1062
Tax Annual Amount 4329
Legal Description Map 043 parcel 036.00 Deed Book 423 page 1062

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Multi Units, Wall/Window Unit(s), Electric, Window Unit(s), Ceiling Fan(s), Varies by Unit, Heat Pump
Water source Public

Building Details

Year built 1973
Floors in Building 1
Number of units 53
Flooring type Laminate, Varies, Carpet
Building materials Attic/Crawl Hatchway(s) Insulated, Vinyl Siding
Roof type Asphalt
Architectural style Ranch
Listing Agency: Clinch Mountain Realty & Auction
Listed By: Phyllis Reed · License #250486
Added: Feb 4 Changed: Aug 3 Last Checked: Aug 22 at 5:06PM
MLS# 710325

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.

Investment Insights

Based on property information with market context.

This income-producing property offers a mix of storage and residential components, including 45 storage units and six apartments. In addition, the site includes a single wide mobile home, an RV pad, and a 2,560-square-foot home.

The property is located just off Hwy 25 E in Bean Station, Tennessee, on Lakeshore Drive. Cherokee Lake is described as within walking distance, with three marinas nearby, and Clinchview Golf Course is listed as approximately five minutes away.

The improvements are set on a 1.6-acre lot, designed to support both storage and living arrangements within a single property.

Key Highlights

  • Income‑producing property with 45 storage units, 6 apartments, a single wide mobile home, an RV pad, and a 2,560 SF home
  • Ranch‑style property built in 1973 with beamed ceilings and a fireplace
  • Heating includes heat pump and electric systems; cooling includes wall/window units and ceiling fans

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick HVAC Service Building Supply (Bike/Boat/Book/etc) Store Storage Facility Garden Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

Demographics for 37708, TN

6,584
Population
3,490
Households
1.9
Avg Household Size
49
Median Age
16%
College-Educated
79%
High-School Grad
41.3 sq mi
ZIP Area
159
Density / Sq Mi
$45,331
Median Household Income
$31,981
Median Earnings
$621
Median Rent
$161,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Property includes 45 storage units, six apartments, and additional dwelling and RV space near Cherokee Lake.
Where is this self storage facility located?
The property is located at 175 Lakeshore Drive Bean Station, TN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Income‑producing property with 45 storage units, 6 apartments, a single wide mobile home, an RV pad, and a 2,560 SF home; Ranch‑style property built in 1973 with beamed ceilings and a fireplace; Heating includes heat pump and electric systems; cooling includes wall/window units and ceiling fans
More about this property
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