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    311 S Main St Lake City, TN 37769

    For Sale
    $375,000

    MULTI_FAMILY - Rocky Top, TN

    Property size:
    2,848 SF
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 311 S Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Alarm
    Rooms
    Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
    Bedrooms
    2
    APN
    018D D 012.00
    Parking features
    Carport, Off Street
    Patio and Porch features
    Porch
    Exterior features
    Windows - Vinyl
    Appliances
    Dryer, Range, Refrigerator, Self Cleaning Oven, Washer
    Size
    2,848 SF

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1925
    Number of units
    3
    Flooring type
    Radiant floors, Vinyl
    Building materials
    Brick, Block
    Roof type
    Rubber

    United Real Estate Solutions (865) 621-2040 [email protected]

    Listing agent Chris Wrede (865) 444-2400

    Listing date Nov 6, 2025

    MLS# 1321026 Listing URL

    Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Mixed-Use Building, Rocky Top

    Located on Main Street in Rocky Top, Tennessee, this mixed-use building presents an opportunity for investors or owner-occupants. The property, totaling 2,848 square feet, includes 1,700 square feet of commercial space on the main level, suitable for retail, office, or professional use. Upstairs, there are two one-bedroom apartments, totaling 1,400 square feet, that can be used for rental income or owner-occupancy. The building was completely remodeled in 2008, with updates to wiring, plumbing, HVAC, windows, and finishes. Additional features include off-street parking in the rear and a low-maintenance exterior. The property is located 20 minutes from both Knoxville and Oak Ridge. The property is zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.155654
    Latitude
    36.218886

    FAQs

    What type of property is this?
    Mixed-use property - Fully renovated mixed-use building in the heart of Rocky Top.
    Where is this mixed-use property located?
    The property is located at 311 S Main St Lake City, TN.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime Main Street location in Downtown Rocky Top with high visibility.; - Fully renovated in 2008 with updated wiring, plumbing, HVAC, windows, and finishes.; - Mixed-use building with 1,700 sq ft of commercial space and two 1-bedroom apartments (1,400 sq ft).
    (865) 444-2400
    Request Owner's contact information
    311 S Main St Lake City, TN 37769
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    Lake City, TN 37769
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    311 S Main St Lake City, TN 37769
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