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

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.

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Commercial Active

Price

$ 625,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.9

Year Built

1957

Town/City

Etowah

County/Region

McMinn

MLS | Web ID

2596151

Features
General
Possession Close Of Escrow
Roof Metal
Zoning Commercial
Year Built 1957
Property SubType Mixed Use
County McMinn County TN
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.
City Etowah
Waterfront Y/N N
Street Name N Tennessee Ave
Days on Market 80
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 0
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Exterior
Total Parking 0
Lot Size Area 0.9
Building Area Total 7700
Lot Size Acres 0.9
Lot Size Units Acres
Covered Spaces 0
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Interior
Air Conditioning Y/N N
Heating Y/N N
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Internal Only
Street Number 1 324
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* Excluded Features
List By
Exp Realty, Llc

Broker

darren.miller@exprealty.com

Email

Affordability Calculator

$4,366
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,366
Monthly Property Taxes
--
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
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/14/2024$625,000 -3.85% Price Down
11/25/2023$650,000 Listed Price

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324 N Tennessee Ave, 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 Ave is a studio with 0.0 baths and was built in 1957. The property's zip code is 37331 which is in Etowah, TN