25 Unit Motel With Potential Studio Apt Conversion

For Sale

356 N Tennessee Ave, Etowah, TN 37331

This Etowah property for sale is located at 356 N Tennessee Ave. The current listed sale price for 25 Unit Motel With Potential Studio Apt Conversion is $850,000. 25 Unit Motel With Potential Studio Apt Conversion is situated on a lot that is 0.9 acre in size.

Contacts

broker
Justin Evinger

eXp Commercial

Property Details

  • Property Type Other
  • Property Size 10,906 SF
  • Units 25
  • Lot Size 0.9 Acre
  • Year Built 1957
  • Date Updated Apr 2, 2025
Nestled in the charming town of Etowah, TN, this small motel presents a prime opportunity for redevelopment into stylish studio apartments. Located only 0.9 miles from Star Regional Medical Center (which has 160 beds and over 690 staff members). The surrounding area offers a blend of small-town charm and modern convenience, with proximity to local amenities such as the stunning Hiwassee River, perfect for outdoor activities, and the historic L&N Depot Museum. Etowah's picturesque downtown area features local shops, eateries, and community events, providing a welcoming environment for new residential opportunities. With its convenient location near major roadways, the property is an ideal canvas for investors seeking to transform it into modern, in-demand studio apartments.Introducing a prime investment opportunity located at 356 N Tennessee Ave, Etowah, TN. This 10,906 SF building on 0.9 acres, originally housing 25 currently operating motel units, offers the potential for conversion into stylish studio apartments. This property holds significant potential for a hospitality or economy investor seeking a versatile asset. Zoned C-2, it provides flexibility for various business endeavors. With its strategic location in the Etowah area, this property presents an ideal canvas for a savvy investor to capitalize on its historical charm and abundant space, catering to the needs of the local community for affordable housing. Opportunity awaits at this well-positioned property.
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Highlights

  • 10,906 SF building
  • 25 units
  • Built in 1957
  • Zoned C-2
  • Ample on-site parking
  • Prime location in the Etowah area

Getting around

  • 44/100

    Walk Score ®

  • 47/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Etowah, TN
  • Zip Code 37331
  • Market Chattanooga

Points of Interest

  • Marathon

    0.15 miles

  • Exxon

    0.43 miles

  • Gas'N'Go

    0.49 miles

  • Citgo

    0.55 miles

  • Shell Station

    0.91 miles

  • Shell

    6.57 miles

  • BP

    6.59 miles

  • Holiday Terrace Motel

    0.00 miles

  • Red Roof Inn

    0.28 miles

  • Piggly Wiggly

    0.39 miles

  • Food City

    0.54 miles

  • United Grocery Outlet

    0.58 miles

  • Save-A-Lot

    8.07 miles

  • IGA Supermarket

    9.69 miles

  • Big Lots

    9.81 miles

  • Belk

    9.84 miles

  • ALDI

    9.87 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Justin Evinger

eXp Commercial

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