324 N Tennessee Avenue Etowah, TN $ 625,000
324 N Tennessee Avenue
$ 625,000
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324 N Tennessee Avenue

Etowah, TN, 37331
$ 625,000
Baths0.0 Sq 7,700

Monthly Estimate*

$ 4,366

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Studio

Commercial Property for sale in Etowah, TN

for $625,000. This 7,700 square foot building was built in 1957 on a lot size of 0.9.

Welcome to this exceptional investment opportunity in the heart of Etowah, TN! Presenting a versatile property boasting 24 units currently operating as an owner/operator hotel with convenient live-in quarters. Each unit features tile bathrooms and practical tub/shower combos, providing a comfortable and modern experience for guests. The property is a testament to the owner's dedication and care, ensuring a welcoming atmosphere for residents and visitors alike. The owner, now retiring, offers a unique chance for a new proprietor to take the reins of this successful venture. With a solid foundation in place, this hotel presents not only a business opportunity but also the potential for expansion or conversion to suit other business ventures. The property's strategic location in Etowah offers a prime setting for continued success. Whether you choose to maintain the current hotel operation or explore alternative business ventures, the potential is vast. Don't miss out on the chance to acquire this property with immense potential. Seize the opportunity to make your mark in the thriving Etowah market. Contact us today to schedule a viewing and explore the endless possibilities that await with this remarkable property!

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Commercial Active

Price

$ 625,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,141

Style

Lot Size

0.9

Year Built

1957

Town/City

Etowah

County/Region

McMinn

MLS | Web ID

20238257

Features
General
Interior Features Built-in Features
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Electricity Connected
Possession Close Of Escrow
Roof Metal
Appliances None
Exterior Features None
Zoning Commercial
Construction Materials Brick Veneer
Year Built 1957
Property SubType Hotel-Motel
Business Type Hotel/Motel
County McMinn
New Construction N
Property Type Commercial Sale
Status Active
Directions From I-75 N take exit 36 onto SR-163 toward Calhoun. Right onto SR-163 toward Calhoun. Right onto US-11. Left onto SR-163. Left onto CR-850. Left onto US-411. Motel is on the left in about 3.4 miles.
High School McMinn Central
City Etowah
Lot Size Square Feet 39204.0
Waterfront Y/N N
Street Name N Tennessee
Elementary School Etowah City
Land Lease Y/N N
Tax Annual Amount 3141.77
Middle/Junior High School Etowah City
Property Condition Functional
Ok to Lease None
Days on Market 152
Standard Status Active
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Interior
Flooring Carpet Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Parking Lot
Lot Features Level
Water Source Public
Lot Size Area 0.9
Foundation Details Permanent
Lot Size Acres 0.9
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type City Street
Open Parking Y/N N
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* Excluded Features
List By
Darren Miller

Listing Agent

Exp Realty - Cleveland

Broker

darren.miller@exprealty.com

Email

Affordability Calculator

$4,628
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,366
Monthly Property Taxes
$262
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1963427 Elementary School
1937781 Middle School
McMinn Central High School High School
Pricing History
DatePricePrice ChangeDescription
2/14/2024$625,000 -3.85% Price Down
11/24/2023$650,000 Listed Price

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324 N Tennessee Avenue, Etowah, TN, 37331 is a Commercial Property for sale at $625,000 with 7,700 sqft and a lot size of 0.9. 324 N Tennessee Avenue is a studio with 0.0 baths and was built in 1957. The property's zip code is 37331 which is in Etowah, TN