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4825 East Andrew Johnson Highway, Greeneville, TN 37745
Property Facts
Property Type: Commercial Sale
Status: Active
Year Built: 1956
Lot Acreage: 2
City Taxes: $0
County Taxes: $3,426.06
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.
Features & Amenities
- Brick Exterior
- Finished Lot(s)
- Highway
- Aerial
- Below Average Condition
- Fee Simple
- Hotel/Motel
- Public Water
- Residential
- Septic Tank Sewer
- Vacant
