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Hospitality Property with Event Space

242 Magnolia Avenue Mc Kenzie, TN 38201

242 Magnolia Avenue, Mc Kenzie, TN, 38201
$524,999
For Sale
$524,999

COMMERCIAL - McKenzie, TN

Property Size11,248 SF
Price / SF$46.67
Days on Market851

Property Features for 242 Magnolia Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Parking
12
Standard status
Active
APN
010.00
Size
11,248 SF

Taxes and HOA fees

Tax Annual Amount
6938

Utilities

Heating system
Natural Gas, Central
Cooling system
Electric

Building Details

Year built
1941
Floors in Building
1
Flooring type
Concrete
Building materials
Brick
Roof type
Composition
Listing Agency Wendell Alexander Realty
224 S Lindell St., Dresden, TN
Listed by Alexander Jennings Bynum · License #320284
Added: Mar 19, 2024 Checked: Jul 17 at 7:06 am
MLS# 241155 Listing URL

Copyright © 2026 Central West Tennessee 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, dining hall, banquet room, and common area. The layout is built to support group dining and hosted gatherings, with interior spaces designed to function as both guest accommodations and event-ready rooms.

Located in McKenzie, Tennessee, the property is offered for sale at 242 Magnolia Avenue in Carroll County. The building is presented as a specialty hospitality and event-use asset for buyers looking for an all-in-one configuration.

The combination of guest lodging, commercial food service, and dedicated gathering spaces provides a practical foundation for operations that require both accommodations and event hosting within one property.

Key Highlights

  • Expansive commercial property with 24 bedrooms and 18 bathrooms
  • Includes a commercial kitchen, dining hall, and banquet room
  • Brick construction with composition roof

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Hotels

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?
Hotel - Large hospitality property with 24 bedrooms, 18 bathrooms, and on-site dining and banquet facilities.
Where is this hotel located?
The property is located at 242 Magnolia Avenue 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 with 24 bedrooms and 18 bathrooms; Includes a commercial kitchen, dining hall, and banquet room; Brick construction with composition roof
Contact an agent
More about this property
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