$550,000 $2,953 est/mo Sourced by Back At You

324 N Tennessee Ave,Etowah, TN 37331

Etowah TN, 37331

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Description

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.

Details

MLS#2596151
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1957
Days On Site232
Listing Provided ByeXp Realty, LLC | Darren Miller
Buying Commision3 %

Features

SQ Feet7,700
ZoningCommercial
Acreage0.90

Market Activity 37331

 Listings courtesy of RealTracs MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of July 14, 2024 at 5:06:58 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 4 minutes ago
StateTN
CountyMcMinn County
CityEtowah
Zip Code37331
Listing VS Median (in 37331)
Price:
$550,000
low | high
Med:
$199,900
100% of Average
SqFt:
7,700
low | high
Med:
1,820
100% of Average
$ / SqFt:
$71
low | high
Med:
$110
3.769230769231% of Average
On Site:
232
low | high
Med:
306.000000
75.816993464052% of Average
Sourced by Back At You
Listing Updated: July 8, 2024 at 6:21:17 PM PDT