Land for Hotel Site, Restaurant, and More Near Fall Creek Falls
|Catylist Listing ID:
Hospitality, Residential (Single Family), Vacation/Resort, Other
|Gross Land Area:
||$66,265 Per Acre
|Adjacent Parcels Available:
||Cash to Seller, Other
Overview / Comments
8.3-acre parcel located on Hwy 111 across from the entrance to Fall Creek Falls State Park. Current owners have taken this commercial parcel through county and state planning, zoning, and ordinance boards and have received approval for a hotel, restaurant site, wedding chapel with 8 cabins, and 24-unit villa site. Rendering of plan is available for review. This site is nestled on a stretch of Hwy 111 between Dunlap and Cookeville, TN, where there are currently no restaurants or hotels. This highway is known for its scenic beauty and is the main throughway between North Hamilton County and Cookeville, TN. Already approved for industrial/commercial use, with natural gas, electric, water and sewer.
Offering tremendous views for miles and miles, the 158 acres behind it is ready and available for purchase and future development as well. With the Fall Creek Falls convention center demolition coming in the spring to make room for a brand new hotel and convention center, this is the perfect time to invest in the area. There is a huge shortage of vacation rentals in the Spencer, TN area around Fall Creek Falls. Investors, entrepreneurs, builders, and developers, don't miss this rare opportunity to be part of a Spencer's growth!
Attachments & Media
||Mineral Tract 46-Gm
|Largest Nearby Street:
||Electric, Water, Gas, Sewer
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