114 & 116 East Main Street, Rogersville, TN 37857

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.