Bed And Breakfast With Efficiency
For Sale
$849,000
212 E Lincoln St, Tullahoma, TN 37388
C-2-zoned inn with guest accommodations, apartment units, and shared hospitality areas.
Property Size5,050 SF
Price / SF$168.12
Days on Market19
Property Features for 212 E Lincoln St
General Information
Standard status
Active
Size
5,050 SF
Property subtype
Commercial
Zoning
C-2
Additional Details
Business Included
Yes
Multifamily Units
2
Amenities
wrap around front porch
covered back patio
utility/laundry room
office
kitchen
dining room
living areas
Building Details
Building Size
5,050 SF
Year Built
1905
Buildings
2
Listing Agency:
Canopy Real Estate
(615) 473-9518
Listed By:
Adam Brock
Source:
Firstrealty
Added: Aug 4
Changed: Aug 20
Last Checked: Aug 21 at 1:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Canopy Real Estate
Investment Insights
Based on property information with market context.
The Grand Lux Inn is a 5,050-square-foot bed and breakfast at 212 E Lincoln St in Tullahoma, Tennessee. The property includes 6 guest rooms and 2 efficiency apartments, supported by a kitchen, formal dining room, and three separate living areas. A wraparound front porch and covered rear patio add outdoor gathering space, while the main house includes a utility and laundry room. The detached ADU provides an office and additional storage.
Built in 1905, the property has operated continuously for nearly 20 years and includes recent capital improvements. It is being offered as a combined real estate and operating business rather than as a standalone real estate sale. The inn also has an established online presence, an active guest base, and a combination of nightly lodging and long-term lease income. C-2 zoning applies to the property.
Built in 1905, the property has operated continuously for nearly 20 years and includes recent capital improvements. It is being offered as a combined real estate and operating business rather than as a standalone real estate sale. The inn also has an established online presence, an active guest base, and a combination of nightly lodging and long-term lease income. C-2 zoning applies to the property.
Key Highlights
- 5,050‑square‑foot inn with 6 guest rooms and 2 efficiency apartments
- Continuous hospitality operations for nearly 20 years
- Wraparound front porch and covered rear patio
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37388, TN
26,352
Population
11,871
Households
2.2
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
117.9 sq mi
ZIP Area
224
Density / Sq Mi
$59,892
Median Household Income
$37,452
Median Earnings
$856
Median Rent
$230,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Similar Off Market Nearby
- The Grand Lux Inn — 212 E Lincoln St, Tullahoma, TN 37388
Frequently Asked Questions
What type of property is this?
Bed & breakfast - C-2-zoned inn with guest accommodations, apartment units, and shared hospitality areas.
Where is this bed & breakfast located?
The property is located at 212 E Lincoln St Tullahoma, TN.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 5,050‑square‑foot inn with 6 guest rooms and 2 efficiency apartments; Continuous hospitality operations for nearly 20 years; Wraparound front porch and covered rear patio
