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205 Town St

Petersburg, TN 37144

5 beds
23 baths
21,689 sqft
~5 acre lot
$5 per sqft
1940 build
– on site

A one-of-a-kind INVESTMENT property that combines history, charm, and potential in the HEART of growing PETERSBURG, TENNESSEE!! Nestled on 4.5+/- Acres of picturesque land, this historic school building is in need of a total rehab all the way down to the studs. It would be great for the visionary investor. The expansive grounds offer potential for subdividing with road frontage on three different roads! Whether you are looking to preserve a piece of history or transform it into a modern masterpiece, this property is a rare gem waiting for your vision. Don’t miss out on this unique investment opportunity in Southern Middle Tennessee!!

Listing courtesy of REALTRACS / Van Massey Realty & Auction

Last checked: Checking… • Last updated Feb 18, 2025 •

MLS# 2791364 —

The Building

Year Built:

1940
Year Built Details:

APROX
New Construction:

false
Construction Materials:

Brick
Stories:

1
Levels:

One
Basement:

Other
Building Area Units:

Square Feet
Building Area Total:

21689
Building Area Source:

Assessor
Above Grade Finished Area:

21689
Above Grade Finished Area Units:

Square Feet
Above Grade Finished Area Source:

Assessor
Below Grade Finished Area Source:

Assessor
Below Grade Finished Area Units:

Square Feet

Interior

Flooring:

Wood
Fireplace:

false

Room Dimensions

Living Area:

21689
Living Area Units:

Square Feet
Living Area Source:

Assessor

Location

Directions:

From Petersburg Town Square take S High St and then turn left onto Town Street and property will be on your left. Sign in yard.
Latitude:

35.31575431
Longitude:

-86.63677781

The Property

Parcel Number:

006O A 00600 000
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Features:

Level
Lot Size Acres:

4.5
Lot Size Dimensions:

425 M FF
Lot Size Area:

4.5
Lot Size Units:

Acres
Lot Size Source:

Assessor
View:

false
Property Attached:

false

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

4209

Beds

Bedrooms Total:

5
Main Level Bedrooms:

5

Baths

Total Baths:

23
Full Baths:

3
Half Baths:

20

The Listing

Map Coordinate:

35.3157543100000000 -86.6367778100000000
Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Floor Furnace, Wall Furnace
Heating:

true
Cooling:

Other
Cooling:

true

Utilities

Utilities:

Water Available
Sewer:

Septic Tank
Water Source:

Public

Appliances

Appliances:

None

Schools

Elementary School:

Unity School
Middle Or Junior School:

Unity School
High School:

Lincoln County High School

The Community

Subdivision Name:

None
Senior Community:

false
Waterfront:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

Gravel
Garage:

false
Attached Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$129,000

Expense	Monthly cost
Mortgage	$690
Taxes	$350
Insurance	$35
Utilities	N/A
Total	$1,075/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
2/13/25 Feb 13, 2025	Listed / Active	REALTRACS	$129,000

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This house located in Petersburg, TN 37144 is currently for sale for $129,000. 205 Town St is a 21,689 square foot house with 5 beds and 23 baths that has been on Estately for 6 days. This house is in the attendance area of Lincoln County High School, Unity School, and Lincoln County Ninth Grade Academy.

Listing Courtesy of: REALTRACS and Van Massey Realty & Auction.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than Estately are marked with the REALTRACS IDX Logo. REALTRACS and Estately deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and Estately assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.