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69-Room Dual-Brand Hotel
For Sale
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901 1st Avenue East, Meridian, MS 39301

Two established hotel brands share a three-story, interior-corridor property near I-20 and I-59.

Property SizeContact for details
Lot Size2.26 Acres
Days on Market10

Property Features for 901 1st Avenue East

General Information

Standard status Active
Lot size 2.26 Acres
Property subtype Hospitality

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2015
Stories 3
Listing Agency: Numarix
Listed By: Raiyan Rab · License #365267
Source: Crexi
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 24 at 2:56PM

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 Numarix

Investment Insights

Based on property information with market context.

This two-brand hotel combines MainStay Suites and Sleep Inn & Suites in a three-story building with interior corridors. Constructed in 2015, the property contains 69 rooms on a 2.26-acre site. Its location near I-20 and I-59 places the hotel about 2 miles from downtown Meridian and Mississippi State University–Meridian.

Regional destinations and services are accessible from the property. Bonita Lakes Mall is 1.5 miles away, while Meridian Regional Airport is 5 miles away. The Amtrak station and Greyhound bus station are each 2 miles from the hotel. Nearby employers include Magnolia Steel at 5 miles, Sara Lee at 6 miles, Lockheed Martin at 7 miles, and Avery Dennison at 8 miles.

Key Highlights

  • 69 rooms across two hotel brands: MainStay Suites and Sleep Inn & Suites
  • Built in 2015; three stories with interior corridors
  • Situated on 2.26 acres

Property Analytics

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Current Use

Sleep Inn & Suites Hotel & Motel Mainstay Suites Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Veterinary Clinic Kitchen & Bath Showroom Daycare Center

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby

Demographics for 39301, MS

23,537
Population
11,047
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
83%
High-School Grad
260.7 sq mi
ZIP Area
90
Density / Sq Mi
$42,701
Median Household Income
$34,804
Median Earnings
$888
Median Rent
$105,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Hotel - Two established hotel brands share a three-story, interior-corridor property near I-20 and I-59.
Where is this hotel located?
The property is located at 901 1st Avenue East Meridian, MS.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: 69 rooms across two hotel brands: MainStay Suites and Sleep Inn & Suites; Built in 2015; three stories with interior corridors; Situated on 2.26 acres
More about this property
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