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    Manchester, TN Hospitality Properties for Sale

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    Hillsboro, TN Tullahoma, TN Beechgrove, TN
    Newly Renovated Best Western Hotel
    $7,990,000

    Newly Renovated Best Western Hotel

    126 Expressway Drive, Manchester, TN 37355

    83-room hotel in Manchester, TN with renovation completed in 2025.

    • Completely renovated in 2025, presenting zero PIP requirements for the new owner.
    • New 10‑year franchise agreement in place with Best Western.
    • 83 rooms & suites in a midscale/upper midscale RevPAR market.
    • Excellent location with high visibility in the thriving Tullahoma‑Manchester MSA, near I‑24.
    • Additional revenue opportunity: 10,000 SF space with full kitchen, ideal for a restaurant lease.
    Updated: Jul 10, 2024
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    Newly Renovated Best Western Hotel
    $8,100,000
    54,516 SF

    Newly Renovated Best Western Hotel

    126 Expressway Dr, Manchester, TN 37355

    Recently renovated 83-room hotel in Manchester, Tennessee for sale.

    • 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.
    Updated: Sep 18, 2024
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    Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 2 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 4 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.

    Commercial Building with Multifaceted Potential
    $525,000
    6,480 SF

    Commercial Building with Multifaceted Potential

    Versatile commercial building suitable for various business ventures.

    633 County Road 266, Bryant, AL 35958
    View details
    Commercial Building Near Chattanooga
    $525,000

    Commercial Building Near Chattanooga

    Commercial building with multiple offices suitable for various business ventures.

    633 County Road 266, Bryant, AL 35958
    View details
    Luxury Estate Zoned Commercial
    $7,000,000
    16,000 SF

    Luxury Estate Zoned Commercial

    Magnificent 16,000 SF estate on 4.5 acres, commercially zoned.

    4049 Victory Station Way, Murfreesboro, TN 37128
    View details
    Commercial Site Near Medical Center
    $1,858,000

    Commercial Site Near Medical Center

    Commercial land suitable for hotel, office, or retail development.

    1406 Conference Center Blvd, Murfreesboro, TN 37129
    View details

    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.

    Prime Commercial Land I-24 Exit
    $259,900
    1.00 Acre

    Prime Commercial Land I-24 Exit

    Exceptional 1-acre commercial land opportunity off I-24 Exit 114.

    155 Expressway Dr, Manchester, TN 37355
    View details
    Prime Commercial Lot in Manchester
    $324,900
    1.20 Acres

    Prime Commercial Lot in Manchester

    1.2 acre commercial lot with high visibility near I-24.

    0 Expressway Dr, Manchester, TN 37355
    View details
    Unrestricted Land with Creek Access
    $288,000
    36.00 Acres

    Unrestricted Land with Creek Access

    36-acre unrestricted land near McMinnville with creek and attractions.

    Mc Minnville, TN 37110
    View details
    Unrestricted Land with Creek Frontage
    $137,000
    9.72 Acres

    Unrestricted Land with Creek Frontage

    9.72 acres ideal for homesteading, hunting, or building.

    Tract 2 Lone Wolf Trail, Spencer, TN 38585
    View details

    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
    4,946 SF Lot: 0.96 Acres
    Value Estimation by Request

    2029 Hillsboro Blvd, Manchester, TN 37355-7307

    View details
    2495 Hillsboro Blvd
    MOTEL
    10,888 SF Lot: 1.30 Acres
    Value Estimation by Request

    2495 Hillsboro Blvd, Manchester, TN 37355-6536

    View details
    84 Relco Dr
    HOTEL
    39,906 SF Lot: 1.28 Acres
    Estimated value
    $7,550,000

    84 Relco Dr, Manchester, TN 37355-7556

    View details
    33 Paradise St
    MOTEL
    4,932 SF Lot: 1.00 Acre
    Estimated value
    $1,175,000

    33 Paradise St, Manchester, TN 37355-3301

    View details
    2259 Hillsboro Blvd
    MOTEL
    23,128 SF Lot: 4.50 Acres
    Estimated value
    $3,015,000

    2259 Hillsboro Blvd, Manchester, TN 37355-7311

    View details
    126 Expy Dr
    MOTEL
    23,464 SF Lot: 2.70 Acres

    126 Expy Dr, Manchester, TN 37355-7378

    View details
    2430 Hillsboro Blvd
    MOTEL
    4,089 SF Lot: 1.97 Acres
    Estimated value
    $1,585,000

    2430 Hillsboro Blvd, Manchester, TN 37355-6535

    View details
    3180 Murfreesboro Hwy
    MOTEL
    5,509 SF Lot: 1.97 Acres
    Value Estimation by Request

    3180 Murfreesboro Hwy, Manchester, TN 37355-3214

    View details
    120 Hospitality Blvd
    HOTEL
    46,272 SF Lot: 1.52 Acres
    Estimated value
    $1,850,000

    120 Hospitality Blvd, Manchester, TN 37355-6497

    View details
    925 Interstate Dr
    MOTEL
    10,776 SF Lot: 7.54 Acres
    Estimated value
    $2,255,000

    925 Interstate Dr, Manchester, TN 37355-3105

    View details
    201 Murfreesboro Hwy
    MOTEL
    21,090 SF Lot: 2.30 Acres
    Value Estimation by Request

    201 Murfreesboro Hwy, Manchester, TN 37355-1548

    View details
    2314 Hillsboro Blvd
    MOTEL
    17,880 SF Lot: 4.74 Acres

    2314 Hillsboro Blvd, Manchester, TN 37355-6535

    View details
    152 Hospitality Blvd
    HOTEL
    48,572 SF Lot: 1.70 Acres
    Estimated value
    $1,670,000

    152 Hospitality Blvd, Manchester, TN 37355-6497

    View details
    890 Interstate Dr
    MOTEL
    22,464 SF Lot: 2.38 Acres
    Estimated value
    $540,000

    890 Interstate Dr, Manchester, TN 37355-3104

    View details
    1143 Woodbury Hwy
    HOTEL
    45,624 SF Lot: 3.15 Acres
    Estimated value
    $1,630,000

    1143 Woodbury Hwy, Manchester, TN 37355-3103

    View details
    224 Expy Dr
    MOTEL
    23,464 SF Lot: 1.12 Acres
    Value Estimation by Request

    224 Expy Dr, Manchester, TN 37355-7378

    View details
    2457 Hillsboro Blvd
    MOTEL
    25,476 SF Lot: 3.47 Acres
    Estimated value
    $575,000

    2457 Hillsboro Blvd, Manchester, TN 37355-6536

    View details
    111 Hospitality Blvd
    HOTEL
    42,053 SF Lot: 2.25 Acres
    Estimated value
    $1,625,000

    111 Hospitality Blvd, Manchester, TN 37355-6497

    View details
    1504 Hillsboro Blvd
    MOTEL
    5,073 SF Lot: 0.90 Acres
    Value Estimation by Request

    1504 Hillsboro Blvd, Manchester, TN 37355-2110

    View details

    Manchester, TN Hospitality Properties Investment Opportunities Market Analysis

    Explore 21 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, with an estimated market value of $8,100,000.

    Sale prices for hospitality properties in Manchester, TN start at $8,100,000, averaging $8,100,000, and reaching up to $8,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Hotels 2

    Demographics Overview

    Population 30K
    Population Growth (5Y) +13.1%
    Median Household Income $62,943
    College Educated 15.8%

    High-Yield Neighborhoods for Investment

    Identify Manchester submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    37355 $8M

    Taxes & Financing

    Tax Rate (average for all types) 3.25%
    Property Tax per SF $70.35 per sq ft
    Average Loan-to-Value 65.0%

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