Mixed-Use Investment Opportunity in the Heart of Pikeville
Located at 3251 Main Street in Pikeville, this versatile multi-use property offers a rare combination of retail presence, residential income, and small-town charm. Situated just steps from the Bledsoe County Courthouse and within walking distance to the town's popular weekend farmers market, the location delivers both visibility and community-driven foot traffic.
The property features a leased street-facing retail storefront plus 3 fully leased 1BD apartments, providing immediate, consistent income. An extremely nice and large 32x44 garage with office and full bathroom adds additional revenue potential and flexibility for storage, workspace, or future conversion with 1,408 sq ft offers loads of potential. In addition, a spacious move in ready 3BD/2BA owner's residence with private swimming pool creates the perfect opportunity for owner-occupancy, executive rental, or short-term rental income potential.
Positioned in a charming hometown setting known for its local vendors, walkability, and historic character--and located within a short drive to Fall Creek Falls & Cumberland State Parks--this property benefits from both local engagement and regional tourism appeal, enhancing long-term rental and short-term income opportunities.
Opportunities like this are increasingly limited--combining multiple income streams, flexible use, and a prime Main Street location in one asset. Ideal for investors, entrepreneurs, or owner-operators looking to maximize both cash flow and long-term upside.
Immediate income, no HOA and unrestricted, offering freedom for a variety of uses, all set among the scenic mountain views and tree-lined streets of Pikeville.
Features
6 bedrooms
7 bathrooms
directions_car4 carspaces
directions_car4 garage spaces
2375 sq. ft. floor area
crop_free0.44 ac. lot size
cottageOther
Property history for 3251 Main St
2021
Sold
$499,999
20 Dec 2021 by Cynthia Nipper, of RE/MAX FINEST
2020
Sold
$21,000
23 Oct 2020
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Local market activity for 6 bedroom other properties in Pikeville
Sold
For Sale
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