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1700 Main St Tupelo, MS 38804

For Sale
$400,000

Boutique Hotel, 9 Rooms, Prime Location

Description

Added:
Feb 3, 2025
Days on Market:
312
This exceptional commercial property, located at 1700 E Main St., Tupelo, MS, presents a unique investment opportunity. Situated just 1.5 miles from Tupelo's vibrant downtown area and conveniently close to the renowned Elvis Presley Birthplace (0.8 miles), this property boasts a prime location with high visibility and accessibility. The existing structure includes nine well-appointed hotel rooms, perfect for a boutique hotel operation, along with a spacious owner's suite offering comfortable living quarters. Ample parking is available on-site, catering to guests and staff alike. The property also features significant land, providing ample room for future expansion and creative development opportunities. This presents a rare chance to acquire a well-established property in a thriving location with potential for significant growth. The asking price is $400,000. A preapproval letter is required for showings. All information is subject to verification. This is an amazing opportunity to own a piece of Tupelo's rich history and vibrant future. The property is classified as General Commercial. The lot size is zero acres. The square footage is not specified.

Property Features for 1700 Main St

General Information

Property type
Other commercial real estate

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Seventy Eight Motel Motel

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Tupelo
County
Lee
State
Mississippi
Longitude
-88.66809
Latitude
34.25737

FAQs

What type of property is this?
Commercial real estate - Boutique Hotel, 9 Rooms, Prime Location
Where is this commercial real estate located?
The property is located at 1700 Main St Tupelo, MS.
What is the asking price?
The asking price for this property is $400,000.
More about this property
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