Listing ID9950331
Price$595,000
Price/SqFt$66.20
StatusActive
SqFt
8,988
Acres
1.300
CountySmyth
Year Built1918
Property TypeCommercial
ATTENTION INVESTORS!! Looking for a lucrative investment opportunity? Don't miss this one! Situated in the heart of Marion off of exit 39, this 24 room motel accommodates almost 9,000 sqft and boasts tons of potential. In need of some TLC, this property offers an exterior corridor that makes for an easy conversion to apartments, or could be renovated to be operated as a motel again! Zoned commercial, this property could also serve for many other purposes that could include storage, airbnb, long term rental, and so much more. Located near Emory Henry, this property is convenient to everything and also has potential for a proposed trucking stop to be developed across the street from this property, and could serve as a potential demand driver for future revenue. Priced to sell at $595k, this property will not last long! Call today to schedule your appointment! Property is currently hooked up to its own private sewage treatment system but has public sewer available for hookup at the street. All information contained herein is gathered from tax records and homeowner and is subject to buyers and buyers agent verification.
County
Smyth
Price/SqFt
66.2
Days On Market
8
Property Type
Commercial
Year Built
1918
Zoning
Commercial
AC
See Remarks
Heating
See Remarks
Other Equipment
See Remarks
Stories
1
Total SqFt Finished
8988
Auction
No
County Taxes
1425.98
Financing
Cash, Conventional
Foreclosure
No
Restrictions
See Remarks
Sale Includes
Fee Simple
Short Sale
No
Area
502 - Smyth County
Business Type
Hotel/Motel
Deed Book Number
887
Deed Page Number
40
Development Status
Infrastructure In
Info Available
See Remarks
Property Condition
Fixer
Electric Service
See Remarks
Exterior Finish
Brick, Other, Vinyl Siding
Lot Size
1.30 Acres
Road Access
City Street
Roof
Shingle
Sewer
Private Sewer
Water
Public
© 2023 Tennessee Virginia Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of TVRMLS. Real estate listings held by IDX Brokerage firms other than THE ADDINGTON AGENCY are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Information provided is deemed reliable but not guaranteed. Data last updated: Tuesday, May 30th, 2023 at 10:42:02 AM.
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