Property Description

27-unit motel on approximately 2 acres fronting E Andrew Johnson Hwy (US-11E/US-321) in Greeneville, Tennessee. The property operated through 2025, with gross revenue reported at approximately $360,000, and is currently closed until a sprinkler system is installed. That gives a buyer the chance to acquire an income-producing motel at a discount, complete the upgrade, and return it to service.The site sits on the four-lane divided corridor connecting Greeneville with Jonesborough, Johnson City and the wider Tri-Cities region, minutes from Tusculum University. Greeneville's housing market has tightened, with home prices climbing and inventory shrinking. That makes weekly and extended-stay lodging a natural fit for the workforce drawn by the county's manufacturing growth, along with traditional overnight highway and university traffic.The B-2 zoning allows the motel to continue as a permitted use and gives a buyer flexibility for other commercial uses on the 2-acre site.

Property Features