$1,999,900
114 & 116 East Main Street
Rogersville, TN 37857
MLS# 9986121
9600 sqft
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Property Description
Exceptional Historic Investment Opportunity in Downtown Rogersville Seize a rare, once-in-a-lifetime opportunity to own two meticulously restored historic gems at 114 and 116 East Main Street, Rogersville, TN 37857. Located in the heart of Rogersville's Historic District—listed on the National Register of Historic Places since 1979—these properties honor Tennessee's second-oldest town, founded in 1787 and settled as early as 1775 by Davy Crockett's grandparents. Constructed in the mid-19th century using traditional brick masonry in Federal-style architecture, they served as key stops along stagecoach routes like the Great Wagon Road. Notably, 116 East Main Street, the Powel House or Powel Hotel, was built around 1842-1855 by attorney George R. Powel as a traveler's inn, with adjacent 114 East Main Street sharing this historic block. Featuring original elements like tin ceilings in one restaurant, wood flooring in one apartment, nine-foot arched windows overlooking Main Street, and high ceilings throughout, these 9,000-square-foot brick structures blend heritage with modern appeal. Offered at just under two million, they provide unmatched residential and commercial potential. Property Overview Dual-Story Design: Each includes a 2,400 square foot apartment above a functional restaurant. Each apartment is fully equipped with appliances. One of the apartments also includes TVs, and bedroom furniture for immediate use or rental. Restorations: Upgraded to high standards with new electrical, plumbing, windows, doors, bathrooms, and kitchens, ensuring efficiency while preserving 19th-century authenticity and resilience. Prime Location and Amenities In vibrant downtown Rogersville, enjoy walkable access to shops, events, several restaurants, and the 1824 Hale Springs Inn just 200 feet away—echoing the Powel Hotel's hospitality roots. A private lot with 16 spaces adds convenience. The site's Civil War significance, including the 1863 Battle of Rogersville and Powel family ties, enhances its storied allure near the historic courthouse. Income-Generating Potential Commercial Spaces: Ground-floor restaurants are occupied with 30-day leases, allowing flexible transitions. Since 1855, first floors have thrived with diverse ventures: from the Powel Hotel's tavern and store, to 20th-century retail, Hawkins County Council for the Arts (1990s-2010s), and current spots like The Hollywood Hillbilly (live music, memorabilia) at 116 and award-winning Little Town Italian at 114—proving enduring commercial success. Residential Opportunities: Vacant apartments suit long- or short-term rentals like Airbnb, tapping downtown demand. Projections: Each building yields $50,000-$100,000 annual income based on strategies. This investment fuses history and profitability in a preserved district. Ideal for residence, business expansion, or revenue diversification, 114 and 116 East Main Street embody lasting value and possibility.

Details
Maps
Location, Tax & Legal Info
Parcel ID: 100l E 003.03
Deed Book #: 1407
Deed Page #: 611
City Taxes: 3518
County Taxes: 4893.59
Contract Info
List Price/SqFt: 208.32
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 1999900
Current Price: $1,999,900
Listing Date: 2025-09-23
General Property Description
Road Frontage Length: 49
Acres: 0.44
Lease: No
Lot Size: 49.6X388.14 IRR
Zoning: HB-2
HOA Y/N: No
Stories: 2
Total SqFt Finished: 9000
Total SqFt Unfinished: 600
# Parking Spaces: 16
# Restrooms: 6
Annual Lease $: 0
Year Built: 1925
Total SqFt: 9600
Remarks & Misc
Public Remarks: Exceptional Historic Investment Opportunity in Downtown Rogersville Seize a rare, once-in-a-lifetime opportunity to own two meticulously restored historic gems at 114 and 116 East Main Street, Rogersville, TN 37857. Located in the heart of Rogersville's Historic District—listed on the National Register of Historic Places since 1979—these properties honor Tennessee's second-oldest town, founded in 1787 and settled as early as 1775 by Davy Crockett's grandparents. Constructed in the mid-19th century using traditional brick masonry in Federal-style architecture, they served as key stops along stagecoach routes like the Great Wagon Road. Notably, 116 East Main Street, the Powel House or Powel Hotel, was built around 1842-1855 by attorney George R. Powel as a traveler's inn, with adjacent 114 East Main Street sharing this historic block. Featuring original elements like tin ceilings in one restaurant, wood flooring in one apartment, nine-foot arched windows overlooking Main Street, and high ceilings throughout, these 9,000-square-foot brick structures blend heritage with modern appeal. Offered at just under two million, they provide unmatched residential and commercial potential. Property Overview Dual-Story Design: Each includes a 2,400 square foot apartment above a functional restaurant. Each apartment is fully equipped with appliances. One of the apartments also includes TVs, and bedroom furniture for immediate use or rental. Restorations: Upgraded to high standards with new electrical, plumbing, windows, doors, bathrooms, and kitchens, ensuring efficiency while preserving 19th-century authenticity and resilience. Prime Location and Amenities In vibrant downtown Rogersville, enjoy walkable access to shops, events, several restaurants, and the 1824 Hale Springs Inn just 200 feet away—echoing the Powel Hotel's hospitality roots. A private lot with 16 spaces adds convenience. The site's Civil War significance, including the 1863 Battle of Rogersville and Powel family ties, enhances its storied allure near the historic courthouse. Income-Generating Potential Commercial Spaces: Ground-floor restaurants are occupied with 30-day leases, allowing flexible transitions. Since 1855, first floors have thrived with diverse ventures: from the Powel Hotel's tavern and store, to 20th-century retail, Hawkins County Council for the Arts (1990s-2010s), and current spots like The Hollywood Hillbilly (live music, memorabilia) at 116 and award-winning Little Town Italian at 114—proving enduring commercial success. Residential Opportunities: Vacant apartments suit long- or short-term rentals like Airbnb, tapping downtown demand. Projections: Each building yields $50,000-$100,000 annual income based on strategies. This investment fuses history and profitability in a preserved district. Ideal for residence, business expansion, or revenue diversification, 114 and 116 East Main Street embody lasting value and possibility.
Directions: From 66 Turn Right onto Main Street Follow and see properties on right at 114 and 116 East Main Street. There is parking around back as well
Property Condition
Above Average: 1
Business Type
Residential: 1
Restaurant: 1
Exterior Finish
Brick: 1
Other Equipment
Range: 1
Refrigerator: 1
Smoke Detector(s): 1
Washer: 1
Roof
Rubber: 1
Road Access
City Street: 1
Electric Service
220 Volts: 1
Development Status
See Remarks: 1
Heating
Heat Pump: 1
Info Available
See Remarks: 1
AC
Heat Pump: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer Connected: 1
Water Connected: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
Other: 1
Easements
None: 1
Financing
Cash: 1
Conventional: 1
Other: 1
Existing Finance
None: 1
Sale Includes
Fee Simple: 1
Location Tax Legal Info
Street #: 114 & 116
Street Name: East Main Street
County: Hawkins
State/Province: TN
Zip Code: 37857
Area: 416 - Surgoinsvl/Rogersvl/W Hawkins
Subdivision: Not In Subdivision
Property Features
Property Condition: Above Average
Business Type: Residential; Restaurant
Exterior Finish: Brick
Other Equipment: Range; Refrigerator; Smoke Detector(s); Washer
Roof: Rubber
Electric Service: 220 Volts
Development Status: See Remarks
Heating: Heat Pump
AC: Heat Pump
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: See Remarks
Restrictions: Other
Easements: None
Financing: Cash; Conventional; Other
Existing Finance: None
Sale Includes: Fee Simple
Listing Office: Kornerstone Properties, LLC

Last Updated: September - 23 - 2025

Information deemed reliable but not guaranteed.

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