500 E Main St, Red Boiling Springs, TN 37150

$960,000

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List Price
$960,000
Status
ACTIVE
MLS#
3526702
Days on Market
18
Lot Size
160,736
Acres
3.69
County
Macon County

Property Description

Rare opportunity to own a fully built-out, 4,800 square foot event and entertainment venue on 3.69 acres inside the city limits of Red Boiling Springs. This property sits on the grounds once home to the historic Donoho Hotel, a landmark of Macon County's mineral springs resort era. The building itself has hosted weddings, concerts, and large-scale events for years and comes equipped to keep doing exactly that. Inside you'll find a large open hall with a dedicated dance floor, stage area, and dramatic lighting, a full kitchen prep area with commercial three basin sink and hood vent, three separate restrooms including a men's facility with urinal and multi stall layout, and a large storage or mechanical room with its own exterior access.The grounds are what set this property apart. A circular gravel drive winds through mature shade trees and a wide open lawn, giving the property a park-like feel rarely found this close to town. A small creek runs along the edge of the property, crossed by a charming covered footbridge, with a gazebo tucked nearby, features that speak to the site's resort era roots and add real character for events, photos, or simply enjoying the grounds. The property sits within walking distance of Red Boiling Springs' downtown area and adjacent to established residential homes, giving it a settled, established feel rather than an isolated commercial lot. With acreage this size sitting inside city limits, the upside here isn't just the existing event business. It's the land itself. Whether you continue operating it as a venue, convert it for community, church, or recreational use, or explore further development on the additional acreage, this property offers flexibility that's hard to find

Additional Information

Roofing Material
Metal
Subtype
Mixed Use
Year Built
2003
Zoning
Commercial
Type
Commercial

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Calculator source: Real Geeks

Listing courtesy of The Real Estate Collective - Lafayette.

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