3155 Huntsville Hwy - Hospitality FOR SALE


Fayetteville, TN 37334
$1,100,000 USD
931-433-4193
3155 Huntsville Hwy, Fayetteville, TN for Sale
$1,100,000 USD
Hospitality - FOR SALE
1/5
null | 4.09% Cap Rate

3155 Huntsville Hwy
Fayetteville, TN 37334


HIGHLIGHTS

  • Immediately off of Hwy 231
  • Close to Tennessee and Alabama Border
  • Located in a rapidly redeveloping area

OVERVIEW

This property offers incredible potential: Front Building: Strategically positioned on a main US Highway (231/431 South), this versatile space can be easily converted into a convenience store, food franchise, or even an alcohol shop. The prime location ensures excellent visibility and accessibility. It is near the Tennessee-Alabama border. Rear Land: Spanning 1.20 acres, the land behind the second building offers endless opportunities for expansion or redevelopment, whether for residential or commercial use. Exceptional Location: Situated on the busy route connecting Fayetteville to Huntsville, this property is surrounded by thriving developments, including a new subdivision with 150 homes, a Walmart, and popular restaurants. Capitalize on the area's rapid growth to create your next successful venture! The owner is retiring and relocating to India, making this a unique opportunity to acquire a prime property at a reduced price. A promising investment for redevelopment or business use.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$275 USD /SF

# OF ROOMS

16

PRICE/ROOM

$68,750 {currency}

CAP RATE

4.09%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Budget Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

16

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

CR

APN/PARCEL ID

052150 06600 001

ASK ABOUT THIS PROPERTY

Dilip TrivediBudget InnMore Info
931-433-4193

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Dilip TrivediBudget InnMore Info
931-433-4193

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.