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McKenzie Mixed-Use Opportunity
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242 Magnolia Avenue, Mc Kenzie, TN 38201

Spacious mixed-use property with commercial kitchen and banquet room.

Property Size11,248 SF
Price / SF$46.67
Days on Market675

Property Features for 242 Magnolia Avenue

General Information

Standard status Active
Size 11,248 SF
Total Parking Spaces 12
Property subtype Mixed Use

Building Details

Year Built 1941
Stories 1
Listing Agency: Wendell Alexander Realty Martin
Listed By: Alex Bynum · License #TN 320284
Source: Crexi
Added: Nov 8, 2024 Changed: Sep 5 Last Checked: Sep 13 at 6:59AM

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 Wendell Alexander Realty Martin

Investment Insights

Based on property information with market context.

Located in McKenzie, Tennessee, this mixed-use property features 24 bedrooms and 18 bathrooms. The property includes a commercial kitchen, dining hall, banquet room, and common area. The building has a total area of 11,248 square feet. This property presents opportunities for investors, entrepreneurs, or organizations seeking a location with room for expansion.

Key Highlights

  • 24 Bedrooms and 18 Bathrooms: Offers substantial accommodation capacity.
  • Commercial Kitchen and Dining Hall: Equipped for large‑scale food service.
  • Banquet Room: Provides a dedicated space for events and gatherings.

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Electrical Service Nail Salon Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby

Demographics for 38201, TN

10,095
Population
4,124
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
139.2 sq mi
ZIP Area
73
Density / Sq Mi
$46,585
Median Household Income
$32,951
Median Earnings
$669
Median Rent
$155,900
Median Home Value
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Spacious mixed-use property with commercial kitchen and banquet room.
Where is this mixed-use property 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: 24 Bedrooms and 18 Bathrooms: Offers substantial accommodation capacity.; Commercial Kitchen and Dining Hall: Equipped for large‑scale food service.; Banquet Room: Provides a dedicated space for events and gatherings.
(731) 281-1220 Call to check price and availability
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