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 with potential to remodel, restore, or just completely tear it down. It would be great for the visionary investor. The expansive grounds also offer potential for subdividing into 4-5 lots 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!!
Active
Price cut: $40K (3/10)
$89,000
205 Town St, Petersburg, TN 37144
5beds
21,689sqft
Est.:
Single Family Residence, Residential
Built in 1940
4.5 Acres Lot
$-- Zestimate®
$4/sqft
$-- HOA
What's special
Expansive grounds
- 72 days
- on Zillow |
- 18,252 |
- 1,106 |
Zillow last checked: 7 hours ago
Listing updated: March 10, 2025 at 12:59pm
Listing Provided by:
Fallon Massey 931-580-1145,
Van Massey Realty & Auction 931-433-8686
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2791364

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 23
- Full bathrooms: 3
- 1/2 bathrooms: 20
- Main level bedrooms: 5
Heating
- Floor Furnace, Wall Furnace
Cooling
- Other
Appliances
- Included: None
Features
- Flooring: Wood
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 21,689
- Total interior livable area: 21,689 sqft
- Finished area above ground: 21,689
Property
Parking
- Parking features: Gravel
Features
- Levels: One
- Stories: 1
Lot
- Size: 4.5 Acres
- Dimensions: 425 M FF
- Features: Level
Details
- Parcel number: 006O A 00600 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Brick
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Petersburg
Financial & listing details
- Price per square foot: $4/sqft
- Tax assessed value: $257,800
- Annual tax amount: $4,209
- Date on market: 2/13/2025
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