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The historic Old Hosiery Mill of Sweetwater presents a rare mixed-use investment opportunity combining existing income with approved multifamily expansion plans. This corner mill building features soaring ceilings, oversized windows, and expansive open spans ideal for adaptive reuse into loft-style residential units. Master plans are already completed for the buildout of loft apartments on the second floor, with additional mixed-use development potential on the first level. The property currently includes an established tenant, Market at the Mill, operating under a 10-year lease -- providing immediate income stability while future residential units are developed. Highlights include: -Existing long-term commercial tenant (10-year lease) -Master plans completed for second-floor loft apartments -Flex-use layout ideal for mixed-use or multifamily conversion -High ceilings and industrial character suited for loft development -Walkable Main Street location in growing downtown Sweetwater -Ample parking and proximity to civic center and post office -Prime access just off I-75 Located in Sweetwater's expanding commercial corridor, this property offers investors the opportunity to control a historic landmark with scalable residential income potential. A strategic value-add asset blending stabilized income with multifamily upside.
| LAST UPDATED | 2/24/2026 | YEAR BUILT | 1971 |
|---|---|---|---|
| COMMUNITY | Monroe County - 33 | COUNTY | Monroe County - 33 |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Other |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Microwave, Refrigerator |
| AREA | Monroe County - 33 |
| CONSTRUCTION | Block, Brick |
| HEAT | Ceiling, Electric, Natural Gas |
| LOT DIMENSIONS | 355M X 200M IRR |
| PARKING | None |
| TAXES | 10845 |
| SATELLITE VIEW |
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This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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