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Manchester, TN

Hospitality

Manchester, TN Hospitality Properties for Sale

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Hillsboro, TN Morrison, TN Tullahoma, TN Beechgrove, TN Normandy, TN Wartrace, TN Decherd, TN Bradyville, TN

Newly Renovated Best Western Hotel

Updated: Sep 18, 2024

Newly Renovated Best Western Hotel

126 Expressway Dr, Manchester, TN 37355

Contact for pricing

54,516 sqft

Newly renovated Best Western Legacy hotel with zero PIP requirement.
Prime location in the Tullahoma‑Manchester MSA with high visibility and access to I‑24.
New 10‑year franchise agreement with Best Western in place.
Significant revenue opportunity from leasing a separate 10,000 SF building with a full‑size kitchen, ideal for a restaurant.
Comprehensive renovation completed in 2025, featuring a new entryway, breakfast area, elevator, fitness room, meeting room, pool, roof, windows, and furniture.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 1 Active listings in Manchester, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

10-Cabin Short-Term Rental Compound

10-Cabin Short-Term Rental Compound

587 Lakes Road, Tracy City, TN 37387

$1,550,000

11,400 sqft 47.00 AC lot

Mountain retreat property with event barns, lake access, on-site laundry, and room for additional accommodations.

Historic Live/Work Property on Acreage

Historic Live/Work Property on Acreage

11556 Highway 231 431 N, Meridianville, AL 35759

$895,000

4,124 sqft 4.69 AC lot

Remodeled historic home on 4.69 acres, ideal for business.

Remodeled Historic Live-Work Space

Remodeled Historic Live-Work Space

11556 Highway 231/431, Meridianville, AL 35759

$895,000

4,124 sqft 4.69 AC lot

Historic property with wood flooring, updated comfort features, and flexible business-use potential.

Campground with Cabins and Barn Venues

Campground with Cabins and Barn Venues

587 Lakes Road, Tracy City, TN 37387

$1,550,000

47.00 AC lot

Campground offering fully remodeled cabins, event barn spaces, and on-site laundry for short-term stays and gatherings.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Land Along Creek

Waterfront Land Along Creek

Mc Minnville, TN 37110

$288,000

36.00 AC lot

Creek-front acreage with public water available and outdoor recreation destinations within a short drive.

Off-Market Properties in Manchester, TN

Consider similar Off-Market properties in Manchester, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2029 Hillsboro Blvd

MOTEL

2029 Hillsboro Blvd, Manchester, TN 37355-7307

Estimated value:

$205,000

4,946 sqft 0.96 AC lot

2495 Hillsboro Blvd

MOTEL

2495 Hillsboro Blvd, Manchester, TN 37355-6536

Estimated value:

$300,000

10,888 sqft 1.30 AC lot

84 Relco Dr

HOTEL

84 Relco Dr, Manchester, TN 37355-7556

Estimated value:

$7,550,000

39,906 sqft 1.28 AC lot

33 Paradise St

MOTEL

33 Paradise St, Manchester, TN 37355-3301

Estimated value:

$1,175,000

4,932 sqft 1.00 AC lot

2259 Hillsboro Blvd

MOTEL

2259 Hillsboro Blvd, Manchester, TN 37355-7311

Estimated value:

$2,760,000

23,128 sqft 4.50 AC lot

126 Expy Dr

MOTEL

126 Expy Dr, Manchester, TN 37355-7378

Estimated value:

$2,375,000

23,464 sqft 2.70 AC lot

2430 Hillsboro Blvd

MOTEL

2430 Hillsboro Blvd, Manchester, TN 37355-6535

Estimated value:

$1,455,000

4,089 sqft 1.97 AC lot

3180 Murfreesboro Hwy

MOTEL

3180 Murfreesboro Hwy, Manchester, TN 37355-3214

Estimated value:

$315,000

5,509 sqft 1.97 AC lot

120 Hospitality Blvd

HOTEL

120 Hospitality Blvd, Manchester, TN 37355-6497

Estimated value:

$1,850,000

46,272 sqft 1.52 AC lot

925 Interstate Dr

MOTEL

925 Interstate Dr, Manchester, TN 37355-3105

Estimated value:

$2,180,000

10,776 sqft 7.54 AC lot

201 Murfreesboro Hwy

MOTEL

201 Murfreesboro Hwy, Manchester, TN 37355-1548

Estimated value:

$535,000

21,090 sqft 2.30 AC lot

2314 Hillsboro Blvd

MOTEL

2314 Hillsboro Blvd, Manchester, TN 37355-6535

Estimated value:

$545,000

17,880 sqft 4.74 AC lot

152 Hospitality Blvd

HOTEL

152 Hospitality Blvd, Manchester, TN 37355-6497

Estimated value:

$1,670,000

48,572 sqft 1.70 AC lot

890 Interstate Dr

MOTEL

890 Interstate Dr, Manchester, TN 37355-3104

Estimated value:

$620,000

22,464 sqft 2.38 AC lot

1143 Woodbury Hwy

HOTEL

1143 Woodbury Hwy, Manchester, TN 37355-3103

Estimated value:

$1,630,000

45,624 sqft 3.15 AC lot

224 Expy Dr

MOTEL

224 Expy Dr, Manchester, TN 37355-7378

Estimated value:

$480,000

23,464 sqft 1.12 AC lot

2457 Hillsboro Blvd

MOTEL

2457 Hillsboro Blvd, Manchester, TN 37355-6536

Estimated value:

$600,000

25,476 sqft 3.47 AC lot

111 Hospitality Blvd

HOTEL

111 Hospitality Blvd, Manchester, TN 37355-6497

Estimated value:

$1,625,000

42,053 sqft 2.25 AC lot

1504 Hillsboro Blvd

MOTEL

1504 Hillsboro Blvd, Manchester, TN 37355-2110

Estimated value:

$195,000

5,073 sqft 0.90 AC lot

Manchester, TN Hospitality Properties Market Trends and Statistics

Explore 20 hospitality properties for sale in Manchester, TN on our real estate platform. These investment opportunities span a total of 54,516 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 30K

Population Growth (5Y) +13.1%

Median Household Income $62,943

College Educated 15.8%

Taxes & Financing

Tax Rate (average for all types) 3.25%

Property Tax per SF $70.35 per SF

Average Loan-to-Value 65.0%

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