ATTENTION INVESTORS & DEVELOPERS! This one-of-a-kind property in the heart of growing Petersburg, TN, offers history, charm, and unlimited potential. Whether you’re looking to restore a piece of history, repurpose the structure, or develop multiple homesites, this property is a rare gem just waiting for your vision.
Property Highlights
Location: 205 Town St, Petersburg, TN 37144
Price: $89,000
Bedrooms: 5 (Existing Layout)
Bathrooms: 23
Square Footage: 21,689 sq. ft.
Lot Size: 4.5 Acres
Endless Investment Potential:
✔ Historic School Building Ready for Total Renovation – Remodel, restore, or tear down and start fresh
✔ Expansive 4.5-Acre Lot – Perfect for subdividing into 4-5 lots
✔ Prime Road Frontage on 3 Different Roads – Offers multiple access points
✔ Growing Petersburg Community – Increasing demand for residential & commercial development
Potential Development & Use Ideas:
✔ Boutique Apartments, Event Space, or Creative Workspaces
✔ Multi-Family Housing or Private Residential Estate
✔ Subdivide for Multiple Homesites with New Builds
✔ Historic Preservation Project for Adaptive Reuse
Why This Property?
✅ Incredible Price for the Size & Potential
✅ Prime Location with Growth & Redevelopment Potential
✅ One of the Most Unique Investment Properties on the Market
Don’t miss out on this rare opportunity—schedule a showing today!
(Buyer & Buyer’s Agent to verify all listing details. Property sold As-Is.) If you’re interested in learning more about this unique property, please contact the listing agent through the Zillow link provided below the photos.
Listed for sale on Zillow
