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Listing Details

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4825 East Andrew Johnson Highway

Greeneville TN 37745
MLS #10002333 · Listing Courtesy of CENTURY 21 Legacy
$850,000
Active
9,738
Sq Ft
2
Acres
1956
Built
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 Facts
Property TypeCommercial Sale
MLS Number10002333
City Taxes$0
County Taxes$3,426.06
Features & Amenities
Exterior
Brick Exterior
Finished Lot(s)
Highway
Other
Aerial
Below Average Condition
Fee Simple
Hotel/Motel
Public Water
Residential
Septic Tank Sewer
Vacant
Directions
Turn right onto US-11E S/US-321 S Turn right onto Norton Rd Destination will be on the left
  • Additional Information
    AC
    OtherYes
    See RemarksYes
    Contract Info
    ForeclosureNo
    Easements
    OtherYes
    See RemarksYes
    Electric Service
    OtherYes
    See RemarksYes
    General Property Description
    Annual Lease0
    HOANo
    LeaseNo
    Lot Size87,120 sf
    Stories1
    Total Finished SqFt9,738
    Unfinished SqFt780
    ZoningB-2
    Heating
    OtherYes
    See RemarksYes
    Location Tax Legal Info
    Deed Book #611A
    Deed Page #1,737
    Lot #4-9
    Other Equipment
    OtherYes
    See RemarksYes
    Restrictions
    OtherYes
    See RemarksYes
    Roof
    OtherYes
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