INVESTOR SPECIAL! This unique property is nestled in the heart of Lancing"”a quiet, close-knit unincorporated town in Morgan County. This building is historically known to many that live here as the Lancing Laundromat. It also included a one-bay car wash, beauty salon, mechanical room, and a community arts and crafts/meeting room. This structure holds a slice of the town's history and is ready to be restored and brought back to life. Situated on a 0.25-acre lot, this 1976-built property features four separate interior rooms, an outdoor porch, and a large detached garage. All with solid concrete floors, connecting interior and exterior block walls, and a durable metal roof"”making this a super strong, solid structure from top to bottom. Currently zoned residential but can easily be rezoned for commercial use"”this is a perfect candidate for a residential home, business, community hub, Airbnb, church, apartments, mini motel, or office space. Located in a peaceful, low-traffic neighborhood, it provides the ideal blend of tranquility and accessibility for residents or visitors alike. Lancing offers a serene, rural setting surrounded by the natural beauty of the Cumberland Plateau, with rolling hills and breathtaking mountain views. Nature lovers will appreciate quick access to Catoosa Wildlife Management Area, Obed Wild & Scenic River, and Frozen Head State Park"”all nearby for endless hiking, fishing, and outdoor adventures. Just behind the property, a stretch of railroad tracks adds to the nostalgic charm. You might catch a passing train"”a gentle reminder of simpler times and a unique touch of small-town character that makes this spot even more special. The current owner has already begun making improvements with the intention of creating a personal residence and several Airbnb rental units. This is a great opportunity for a visionary investor to restore its historic charm or maximize its income potential in a truly one-of-a-kind setting.
LAST UPDATED
|
4/15/2025
|
YEAR BUILT
|
0
|
COMMUNITY
|
Morgan County - 35
|
COUNTY
|
Morgan County - 35
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Lot/Land/Acreage
|
AREA |
Morgan County - 35 |
LOT |
0.25 acre(s) |
LOT DESCRIPTION |
Other |
LOT DIMENSIONS |
100x110 |
TAXES |
311 |
ZONING |
Other, Zoned Residential |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Sonny
Ferguson to contact you even if your name is on a Federal or State
"Do not call List".
Listed with eXp Realty, LLC
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2025. All rights reserved.
This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
This IDX solution is (c) Diverse Solutions 2025.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts