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    Historic Nelson House Hotel Opportunity
    Updated: Jan 18, 2025
    Historic Nelson House Hotel Opportunity

    706 N Main St, Columbia, TN 38401

    $1,299,900
    0.27 AC lot
    Historic Landmark: The Nelson House Hotel, a significant historical building in Maury County.
    Prime Downtown Location: Situated one block from the square in Columbia's revitalized downtown area.
    Versatile Potential: Suitable for a boutique hotel, restaurant, meeting place, or primary residence.
    Original Architectural Details: Features original brick, wood flooring, a beautiful staircase, fireplaces, and other historic elements.
    Buildable Parking Lot: Includes an asphalt parking lot on the North side with the potential for a 5‑level structure.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Columbia, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

    Mixed-Use Redevelopment Site
    Mixed-Use Redevelopment Site

    801 3rd Ave S, Nashville, TN 37210

    $4,000,000
    1,850 sqft 0.29 AC lot

    DTC-zoned infill assemblage supporting high-density hotel, condominium, retail, and office development just minutes from Downtown.

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    Freestanding Motel Conversion Property
    Freestanding Motel Conversion Property

    Hurricane Mills, TN 37078

    $679,000
    3.14 AC lot

    Freestanding structure with 19 spaces on two contiguous parcels, positioned off Highway 13 near multiple national brands.

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    New Nashville Hotel for Sale
    New Nashville Hotel for Sale

    627 Old Hickory Blvd, Nashville, TN 37209

    $18,000,000

    104-room Comfort Inn & Suites near downtown Nashville.

    View details
    Commercial Site Near Medical Center
    Commercial Site Near Medical Center

    1406 Conference Center Blvd, Murfreesboro, TN 37129

    $1,858,000

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

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    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.

    Dual-Frontage Development Land
    Dual-Frontage Development Land

    8.07 Ac Highway 56, Baxter, TN 38544

    $799,900
    8.07 AC lot

    Development land with dual road frontage at the intersection of Hwy 70 and Hwy 56, with utilities available onsite.

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    Commercial Development Land Across University
    Commercial Development Land Across University

    309 W 12th St, Cookeville, TN 38501

    $2,650,000
    6,272 sqft 1.76 AC lot

    Sale-ready commercial land positioned directly across from Tennessee Tech, supporting a range of retail, dining, and office concepts.

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    40 Acres on Hwy 70E
    40 Acres on Hwy 70E

    2142 Hwy 70 E, Jackson, TN 38305

    $4,000,000
    40.00 AC lot

    40 acres near I-40 with multiple development possibilities.

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    Prime Land I-40 Frontage
    Prime Land I-40 Frontage

    2049 E Highway 70, Jackson, TN 38305

    $8,000,000
    41.00 AC lot

    41 acres with I-40 frontage, suitable for various commercial uses.

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    Off-Market Properties in Columbia, TN

    Consider similar Off-Market properties in Columbia, 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.

    1561 Halifax Dr
    HOTEL

    1561 Halifax Dr, Columbia, TN 38401-6785

    $9,200,000
    Estimated value
    47,468 sqft 1.47 AC lot
    View details
    715 James M Campbell Blvd
    HOTEL

    715 James M Campbell Blvd, Columbia, TN 38401-4335

    $4,700,000
    Estimated value
    34,170 sqft 1.41 AC lot
    View details
    1530 Bear Crk Pike
    HOTEL

    1530 Bear Crk Pike, Columbia, TN 38401-7650

    $8,075,000
    Estimated value
    42,080 sqft 2.73 AC lot
    View details
    1544 Bear Crk Pike
    HOTEL

    1544 Bear Crk Pike, Columbia, TN 38401-7651

    $3,870,000
    Estimated value
    31,181 sqft 1.60 AC lot
    View details
    1605 Harley Davidson Blvd
    HOTEL

    1605 Harley Davidson Blvd, Columbia, TN 38401-7772

    $2,320,000
    Estimated value
    40,378 sqft 3.90 AC lot
    View details
    1545 Halifax Dr
    HOTEL

    1545 Halifax Dr, Columbia, TN 38401-6785

    $2,855,000
    Estimated value
    50,341 sqft 2.39 AC lot
    View details
    1551 Halifax Dr
    HOTEL

    1551 Halifax Dr, Columbia, TN 38401-6785

    $2,160,000
    Estimated value
    36,595 sqft 1.96 AC lot
    View details
    1551 Bear Crk Pike
    HOTEL

    1551 Bear Crk Pike, Columbia, TN 38401-7657

    $3,080,000
    Estimated value
    52,242 sqft 1.31 AC lot
    View details

    Columbia, TN Hotels Market Trends and Statistics

    Explore 9 hotels for sale in Columbia, TN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,299,900.

    Sale prices for resorts in Columbia, TN start at $1,299,900, averaging $1,299,900, and reaching up to $1,299,900 — 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

    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 1
    Hotels 1
    Motels 1

    Demographics Overview

    Population 67K
    Population Growth (5Y) +13.0%
    Median Household Income $69,467
    College Educated 16.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    38401 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.56%
    Property Tax per SF $48.97 per SF
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Columbia fall within the 50,000 to 100,000 square foot range.

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