4825 East Andrew Johnson Highway
$1,000,000
4825 East Andrew Johnson Highway, Greeneville, TN 37745
10,518 sqft
Building Size
2 acres
Lot Area
Details:
Highlights:
- Water: Municipal Water
- Exterior Description: Brick
- Heating Type: Other
- Cooling: Other A/C
- Sewer: Septic
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.
Listing ID: 5f73e884-9ffa-4005-8f8c-621407640558
Location
Gallery