Great opportunity for investors or retirees looking for income potential as well as living area. This was once a very thriving business for locals as well as weekend campers/boaters on the Tennessee River. Store, grill, dining, bar and dance hall with stage for local bands. There are also two 2 bdrm apartments upstairs so owners could live on site or use for rental income. Formerly known as Milbourne's Mt Carmel Market, The Market @ White's Creek or Rick's up the Creek Saloon & Dancehall.
Convenient from Memphis or Nashville via Hwy 100. From Nashville take I-40W to Exit 126 towards Parsons, TN. Drive 14 miles to L on Hwy 412. Drive 5 miles to R on Hwy 100E. Drive 4.3 miles to L on Mt. Carmel Rd. Drive 7.4 miles to property on right.
The approximate monthly Principal & Interest payment for this property would be $655. This payment is based on a 30-year loan at a fixed rate of 3.90 % with a down payment of $12,990. Actual lender interest rates and loan programs may vary.
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