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24-Unit Hotel with Live-In Quarters
For Sale
$550,000

324 Tennessee Avenue, Etowah, TN 37331

Operating hotel with guest rooms, owner-operator accommodations, and individually finished tile bathrooms.

Property Size7,700 SF
Price / SF$71.43
Days on Market1541

Property Features for 324 Tennessee Avenue

General Information

Standard status Active
Size 7,700 SF
Property subtype Commercial Sale / Mixed Use

Additional Details

Business Included Yes

Amenities

Metal
.00
No Dock

Building Details

Year Built 1957
Listing Agency: EXP Realty LLC
Listed By: Darren Miller · License #332611
Source: Compass
Added: Jun 14, 2022 Changed: Aug 31 Last Checked: Aug 31 at 10:10PM

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 EXP Realty LLC

Investment Insights

Based on property information with market context.

This 24-unit hotel contains approximately 7,700 square feet and is currently operating with live-in quarters for an owner-operator. Guest bathrooms feature tile finishes and tub-and-shower combinations. The building was constructed in 1957 and has a metal exterior.

The property is located at 324 Tennessee Avenue in Etowah, Tennessee. Its existing hotel configuration provides an established physical layout for continued hospitality use, subject to the buyer’s plans and applicable requirements.

Key Highlights

  • 24‑unit hotel with live‑in quarters for an owner‑operator
  • Approximately 7,700 square feet of hotel space
  • Guest bathrooms feature tile finishes and tub/shower combinations

Property Analytics

Current Use

Holiday Terrace Motel Hotel & Motel

Suggested Use

Top Pick Building Supply Law Firm Parking Lot & Garage HVAC Service Dental Office Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby

Demographics for 37331, TN

7,792
Population
3,721
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
87%
High-School Grad
39.4 sq mi
ZIP Area
198
Density / Sq Mi
$56,484
Median Household Income
$35,362
Median Earnings
$837
Median Rent
$171,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Operating hotel with guest rooms, owner-operator accommodations, and individually finished tile bathrooms.
Where is this hotel located?
The property is located at 324 Tennessee Avenue Etowah, TN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 24‑unit hotel with live‑in quarters for an owner‑operator; Approximately 7,700 square feet of hotel space; Guest bathrooms feature tile finishes and tub/shower combinations
More about this property
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