324 Tennessee Avenue

Etowah, TN 37331

$625,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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.
  1. Listed by Darren Miller • eXp Realty, LLC

Property Details for 324 Tennessee Avenue

Waterfront
No

Location

Listing Courtesy of eXp Realty, LLC, Darren Miller (423.284.6897)
Add your commute
LISTING UPDATED: 02/13/2024 07:03 PM

Property Details for 324 Tennessee Avenue

StatusActive
MLS #2596151
Days on Market158
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1957
Lot Size0.90 AC / 39,204 SF
CountyMcMinn County

Location

Listing Courtesy of eXp Realty, LLC, Darren Miller (423.284.6897)
Add your commute

Building Information for 324 Tennessee Avenue

Stories-Residences-Year Built1957Lot Size0.90 AC / 39,204 SF

Payment Calculator

$3,411 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,411

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 324 Tennessee Avenue

Summary
Location and General Information
  • 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.
  • Mlg Can View: Yes
  • Zoning: Commercial
Parking
  • Parking Total: .00
Property
Building Information
  • Building Area Units: Square Feet
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 107J C 04500 000
  • Lot Size Area: 0.9
Property and Assessments
  • Documents Count: 0
  • Possession: Close Of Escrow
Utilities
  • Cooling: No
  • Heating: No
Interior and Exterior Features
Exterior Features
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Roof: Metal
Rental Information
Rental Information
  • Total Actual Rent: $0

Property History for 324 Tennessee Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 324 Tennessee Avenue

This home is within Etowah School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Rating
School
Distance
Etowah Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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324 Tennessee Avenue is a mixed use property for sale in Etowah, TN 37331. This property was listed for sale on November 24, 2023 by eXp Realty, LLC, it's currently listed at $625,000. This listing's school district is Etowah School District. Nearby schools include Etowah Elementary School. 324 Tennessee Avenue is a 0-bed, 0-bath, mixed use property built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC, Darren Miller (423.284.6897)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 02/13/2024 07:03 PM