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Hospitality Property with Banquet Facilities

242 Magnolia Ave. Mc Kenzie, TN 38201

Claim this Listing
For Sale
$524,999

COMMERCIAL - MCKENZIE, TN

Property size:
11,248 SF
Price / SF:
$46/SF
Added:
Mar 19, 2024
Days on Market:
845
Last Refresh:
Jul 11 at 5:06 am

Property Features for 242 Magnolia Ave.

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
010.00
Size
11,248 SF

Taxes and HOA fees

Tax Annual Amount
2734

Building Details

Year built
1941

Listing agent Alex Bynum License #320284

Listing office Wendell Alexander Realty P.O. Box 872, Dresden, TN

Listing date Mar 19, 2024

MLS# 131315

Copyright © 2026 Tennessee Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This hospitality property includes 24 bedrooms and 18 bathrooms, along with a commercial kitchen. Interior amenities are designed for group service, with a dining hall, banquet room, and common area included as part of the offering.

The property is located at 242 Magnolia Ave. in McKenzie, Tennessee, in Carroll County.

For buyers seeking a purpose-built setup for catered events and hosted stays, the combination of lodging rooms, food service facilities, and dedicated banquet and dining space supports flexible operations within one property.

Key Highlights

  • Expansive commercial property featuring 24 bedrooms and 18 bathrooms.
  • Includes a commercial kitchen, dining hall, and banquet room.
  • Strategic location in McKenzie, Tennessee.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Resorts

Suggested Use

Law Firm Dental Office Real Estate Agency Electrical Service Nail Salon Plumbing Service (Bike/Boat/Book/etc) Store Spa & Massage Center Skin Care Clinic Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Resort - Hospitality property featuring 24 bedrooms, 18 bathrooms, and a commercial kitchen with dining and banquet space.
Where is this resort located?
The property is located at 242 Magnolia Ave. Mc Kenzie, TN.
What is the asking price?
The asking price for this property is $524,999.
What are key features of this property?
This property features: Expansive commercial property featuring **24 bedrooms and 18 bathrooms**.; Includes a **commercial kitchen, dining hall, and banquet room**.; Strategic location in McKenzie, Tennessee.
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