Shutdown Motel Property in Piedmont, AL! 511 Cedartown Hwy 24 Room Hotel Piedmont, AL 36272 $623,781 CAD ($25,991 CAD/Room)

Motel Property Highlights: Building area is 10,597 sq ft! Rentable Rooms: 24 Asking only about $19,000 per key! Property is +/- 2.63 acres! Included with the property is an apartment with 2 bedrooms and 2 and a half bathrooms! Multiple access points to the property! Full brick construction with a metal roof! Property shutdown a few years ago due to operator issues! Geographical and Demographic details: Minimal competition in the area! Only other competitor is City Heart Inn & Suites. Huge demand for additional lodging in the area! Close proximity to the highway and plenty of land on the property would attract truckers to the motel! Strong Local Development & Growth: Significant development activity is taking place in and around Piedmont, bringing additional housing, industry, and workforce to the area. Large land parcels in the Piedmont area are currently being marketed and subdivided for new residential development, including waterfront lots along Terrapin Creek, indicating continued housing growth and new residents moving into the area. Industrial expansion projects are also underway, including growth from Industrial Resin Recycling, which is bringing new jobs and workforce demand to the local economy. The broader regional corridor surrounding Anniston and Oxford continues to grow with new commercial and hospitality development, signaling increasing travel and workforce movement throughout the region. New housing development, industrial growth, and increasing outdoor tourism activity are expected to drive additional lodging demand for construction crews, contractors, and visitors, creating strong potential for a reopened motel in Piedmont. Terrapin Creek brings steady spring through fall traffic for kayaking and camping, creating natural two-night stays that combine a paddle day and a trail day. The Pinhoti Trail intersects the Chief Ladiga Trail near Piedmont, drawing backcountry hikers, creating an opportunity for hiker-hostel lodging. The Chief Ladiga Trail, Alabama’s longest paved rail-trail, runs approximately 39.5 miles from downtown Anniston to the Georgia line, connecting with Georgia’s Silver Comet Trail for nearly 90 miles of continuous paved corridor. This trail system generates consistent, year-round demand from cyclists needing overnight accommodations. Anniston Army Depot, located about 25 to 30 miles southwest, is Calhoun County’s largest employer and drives steady demand from contractors and work crews seeking extended-stay lodging. Jacksonville State University, about 10 to 13 miles south, brings visitors for game days, graduations, orientations, and parent weekends, and as one of the region’s top employers, it contributes to consistent local lodging needs. 14 Miles from Edwards Farm Airport and 20 Miles from Reilly AHP Airport! Only one mile away from Fagan's Park and 2 Miles from Parris Lawns! 3 Miles from Piedmont Aquatic Center water park, Piedmont Golf range and Dugger Mountain Golf Driving Range! Population is increasing by 2% every year! Median Household Income is $52K! Less than 2 hours from Atlanta! 1 hour 30 minutes from Birmingham, AL! 1 hour 40 minutes from Chattanooga, TN! 2 hours from Huntsville, AL! Asking Price for the Property is only $459,000! If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com