Commercial Real Estate in Tennessee available for sale
Convenience Stores For Sale

Convenience Stores for Sale in Tennessee, USA

More details for 1233 Peabody Ave, Memphis, TN - Office for Sale

1233 Peabody Ave

Memphis, TN 38104

  • Convenience Store
  • Office for Sale
  • $646,345 CAD
  • 6,150 SF

Memphis Office for Sale - Midtown

Prime Location in Memphis’ Medical District! Seize the opportunity to own a piece of Memphis history with this charming and versatile historic property, located at 1227-1233 Peabody Avenue (includes three parcels). Nestled in the heart of the highly sought-after Medical District, this property offers an exceptional blend of classic architecture and modern convenience, making it a perfect investment for a variety of uses. Property Features: Ideal for Law Offices or Professional Offices: With its spacious rooms, high ceilings, and distinct historical character, this property offers an inspiring environment for any professional office. Its proximity to major medical institutions, including Methodist University Hospital, makes it an ideal choice for law offices specializing in healthcare law, medical professionals, or any business serving the medical community. Student Housing Potential: Positioned near key educational and medical institutions, this property could also be a great candidate for student housing, catering to the growing demand for living spaces near the University of Tennessee Health Science Center and other local schools. Opportunity to redevelop into multi-family property. Additional lot next to home is vacant and ready for another building, garage or parking lot. Historic Charm: Retaining much of its original character, this property is full of unique architectural details that lend it a timeless elegance. With hardwood floors, tall windows, intricate moldings, and a welcoming exterior, this property provides a warm and professional atmosphere. Prime Location: Just minutes from Methodist University Hospital and other medical facilities, the property is also conveniently located near downtown Memphis, offering easy access to local amenities, transportation, and business hubs. Minutes from I-240 Interstate. Whether you're looking for a space to establish your law office, create a professional work environment, or provide student housing, this historic property offers unparalleled potential. Don’t miss out on this rare opportunity to invest in a prime location with endless possibilities! Price reflected is for AS IS purchase. For more information or to schedule a tour, contact us today.

Contact:

Crye-Leike Commercial

Date on Market:

2025-09-20

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More details for 456 Lakewood Park Rd, Beechgrove, TN - Retail for Sale

456 Lakewood Park Rd

Beechgrove, TN 37018

  • Convenience Store
  • Retail for Sale
  • $1,250,852 CAD
  • 5,000 SF
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More details for 5570 Murray Ave, Memphis, TN - Office for Sale

5570 Murray Ave

Memphis, TN 38119

  • Convenience Store
  • Office for Sale
  • $3,335,976 CAD
  • 10,454 SF
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More details for 511 Frazier Street, Troy, TN - Retail for Sale

Family Dollar NN Investment | 8.1% Cap Rate - 511 Frazier Street

Troy, TN 38260

  • Convenience Store
  • Retail for Sale
  • $2,045,092 CAD
  • 10,500 SF
  • Air Conditioning
  • Wheelchair Accessible

Troy Retail for Sale

This ±10,500 SF, Family Dollar built in 2023, is on a ±1.11-acre parcel at the corner of Frazier St. and U.S. Hwy 51 (Jere B. Ford Memorial Hwy) in Troy, Tennessee. Traffic counts on U.S. Hwy 51 near the property are 11,510 VPD. The corporate guaranteed, 10-year NN lease runs through January 31, 2034, and has four 5-year renewal options, each with a $0.50/SF rent increase. Landlord responsibilities include roof, structure, capital repairs to parking lot and payment of property taxes and property insurance & liability insurance. Tenant responsibilities include all other maintenance, including HVAC, liability insurance and full reimbursement of Landlord’s property insurance premium and property taxes. Troy, a town in Obion County, is located in the northwest corner of Tennessee. Obion County is among the top five corn producing counties in the state. Troy is just over 26 miles north of Dyersburg, TN, approximately 93 miles south of Cape Girardeau, MO and approximately 108 miles northeast of Memphis. The population within a 7-mile radius is 6,638 with an average household income of $73,413. The lease is guaranteed by Family Dollar, who was recently purchased by two private equity firms and who has over 7,500 stores in 49 states. Family Dollar specializes in providing value and a large product and limited grocery selection to smaller communities such as Troy. They provide investors with a proven retail concept with a long-term track record. This property is priced at $1,471,300 with an 8.1% cap rate.

Contact:

Bull Realty Inc.

Property Subtype:

Convenience

Date on Market:

2025-09-15

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More details for 612 Hartsville Pike, Gallatin, TN - Office for Sale

612 Hartsville Pike

Gallatin, TN 37066

  • Convenience Store
  • Office for Sale
  • $945,054 CAD
  • 3,375 SF

Gallatin Office for Sale - Rivergate/Hendersonville

Medical & Professional Office Building for Sale or Lease in Gallatin, TN Exceptional opportunity to purchase or lease a well-maintained 3,375-square-foot medical and professional office building in Gallatin, Tennessee. Located at 612 Hartsville Pike, this highly accessible property is ideally positioned just minutes from Sumner Regional Medical Center, making it an excellent choice for healthcare providers, medical specialists, dental practices, counseling services, physical therapy clinics, insurance agencies, attorneys, financial advisors, and other professional office users. If you're searching for medical office space for sale in Gallatin, office space for lease near Sumner Regional Medical Center, or a professional office building in Gallatin, TN, this property offers the location, visibility, and convenience businesses need to thrive. Situated along one of Gallatin's primary commercial corridors, the property provides quick access to Historic Downtown Gallatin, Nashville Pike (US-31E), State Route 386 (Vietnam Veterans Boulevard), and the rapidly growing residential and commercial developments throughout Sumner County. Clients and employees will appreciate the convenient access to restaurants, retail shopping, banking, government offices, and healthcare services. The flexible floor plan can accommodate a wide variety of medical and professional office layouts, making it ideal for owner-users, expanding practices, or investors seeking a strategically located commercial property in one of Middle Tennessee's fastest-growing markets. Property Highlights Medical office building for sale or lease in Gallatin, TN 3,375 SF professional office building Prime location near Sumner Regional Medical Center Minutes from Historic Downtown Gallatin Flexible layout for medical, dental, legal, financial, counseling, or professional office use Excellent visibility on Hartsville Pike Convenient access to Nashville Pike (US-31E) and State Route 386 Ample on-site parking Located in the rapidly growing Gallatin and Sumner County market Excellent opportunity for owner-users or commercial real estate investors Whether you're relocating your business, expanding your practice, or investing in commercial real estate, 612 Hartsville Pike offers a premier office location with outstanding accessibility, strong surrounding demographics, and close proximity to one of Gallatin's largest employment and healthcare hubs.

Contact:

Southeastern Commercial Properties, Inc.

Property Subtype:

Office/Residential

Date on Market:

2025-09-09

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More details for 2808 Azalea Pl, Nashville, TN - Office for Sale

2808Azalea.com | Seller Financing - 2808 Azalea Pl

Nashville, TN 37204

  • Convenience Store
  • Office for Sale
  • $2,917,589 CAD
  • 4,885 SF

Nashville Office for Sale - Airport South

Beau Beach, MBA, CCIM presents: $700,000 price reduction to ensure a timely sale! Seller Financing available with a below market interest rate.?.?.? Available for the first time in 28 years.?.?.? Built in 1941, 4,885 SF on .22 acres in booming Berry Hill.? 15-20 parking spaces depending on how you stripe the lot.? Since 1982, 2808 Azalea has been the home of Treasure Isle Studio which earned recognition as Nashville’s very first all-digital recording studio, drawing in legendary artists of the era.? One of the first recording studios in Berry Hill, the property is touted as one of Music City’s largest and oldest recording facilities marking over 40 years of established presence in Nashville’s music industry.? The studio has served an iconic and diverse client roster, ranging from contemporary country stars like Jason Aldean and Thomas Rhett, to timeless icons such as Johnny Cash and Dolly Parton.? The Layout As you enter you're given the choice of two wings of the building, Studio A (right) or Studio B (left).? Studio A Studio A was purpose-built to be a recording studio (as opposed to just converting an existing building into a studio which is more common).? The walls are angled for acoustics purposes and the 26' high walls contribute to its legendary “Live Sound”.? Also, it's one of few studios with an Echo Chamber.? Studio A offers a large artist lounge with kitchen and fireplace, massive Live Room, impressive control room, 4 iso rooms, two restrooms (one with shower) and many storage spaces.? Visit 2808Azalea.?com to take a Video Tour of Studio A. Studio B The smaller Studio B offers 10 total rooms including a Live Room, Control Room, kitchen, bathroom plus multiple office and storage spaces.? Visit 2808Azalea.?com to see the Floor Plan.? Seller Financing Seller financing available to qualified buyers.? Visit 2808Azalea.?com to see your menu of Seller Financing options.? Next Door: Blackbird Studio Co-locate next to the most impressive music studio in the country! At 2806 Azalea, Blackbird Studio stands as a pinnacle of recording excellence, boasting nine state-of-the-art studios across a city-block-sized complex in the vibrant Berry Hill neighborhood, equipped with one of the largest collections of vintage and modern gear in the world.? Founded in 2002 by legendary sound engineer John McBride and country star Martina McBride, it has hosted an elite roster of artists including Taylor Swift, Dolly Parton, Keith Urban, Pearl Jam, Snoop Dogg, Neil Young, Rush, Sheryl Crow, and countless others, producing albums that have garnered Grammys and defined genres from country to rock.? Its innovative facilities, like the immersive 9.1.6 Dolby Atmos Studio C designed by George Massenburg, combined with ancillary ventures such as The Blackbird Academy for audio education and Blackbird Audio Rentals, cement its status as a self-sustaining powerhouse that draws top talent globally and elevates Nashville's music ecosystem.? Owning a music studio next door to Blackbird represents a savvy business move due to the halo effect of its prestige and foot traffic, where producers, engineers, and artists scouting premium spaces would naturally consider adjacent options for overflow sessions, smaller projects, or specialized needs like quick demos.? Proximity in Nashville's tight-knit "Music Hill" cluster fosters collaborations, shared clientele, and referral networks—Blackbird's high-profile bookings often spill over, boosting occupancy rates and allowing a neighboring studio to command premium pricing without massive marketing spends.? Additionally, the area's surging demand for recording infrastructure, as highlighted in Nashville's music industry studies, positions such a property for strong appreciation, diversified revenue from rentals or education tie-ins, and resilience in a competitive market fueled by constant hit-making activity.? Nearby: Universal-Anchored Entertainment & Education Campus Berry Hill Entertainment Production & Education Campus is a major development in Berry Hill—a sleek and thoughtful mixed-use production and education campus anchored by Universal Music Group.? This exciting new development, planned at 2807 East Iris Place (just steps from Treasure Isle), marks an ambitious expansion of Nashville’s music infrastructure: * Three major buildings centered around a vibrant public park * Integrated community building and outdoor performance stage * Recording and video production studios * The first scoring stage in the central U.?S.?, tailor-made for orchestral film scoring * R&D labs focused on home and automotive audio technology * Educational and training spaces for immersive music-industry programs - ranging from short-term workshops to graduate-level study * Retail and restaurant amenities oriented toward the central park and entertainment venue Permitted Uses In Berry Hill, zoning and permitted uses are allocated by Street: * Music Studio * Multifamily * Childcare * Religious * Education * Office * Medical Office * Parking * Business services * Personal care services * Restaurant * Retail Buyer to receive $5,000 Convenience Credit Buyer will receive a $5,000 credit at closing if our brokerage manages the entire transaction.? We must prepare all the paperwork.? Personal property which is owned by others will not transfer in the sale.? Call Beau at 615-200-9330 or email Beau@Beachwood.?ai with all questions.?

Contact:

Beachwood Commercial Real Estate Brokerage

Property Subtype:

Loft/Creative Space

Date on Market:

2025-08-26

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More details for 8001 Old Lee Hwy, Ooltewah, TN - Land for Sale

5 Pad-Ready Commercial Lots @ Exit 9 on I-75 - 8001 Old Lee Hwy

Ooltewah, TN 37363

  • Convenience Store
  • Land for Sale
  • $625,495 - $4,586,967 CAD
  • 1.22 - 2.65 AC Lots

Ooltewah Land for Sale - Outlying Hamilton County

Premier pad-ready development opportunities await along Old Lee Highway in Chattanooga’s thriving Ooltewah/East Brainerd corridor of Hamilton County. Positioned for various commercial uses, including retail, medical, climate-controlled self-storage, hospitality, and more, these sites serve one of the fastest-growing areas in the region. Directly in front of the new 300-unit Reflection Pointe apartment community, the property shares convenient ingress and egress, delivering a built-in customer base from day one. The surrounding area is experiencing an impressive surge in multifamily development, with communities such as The Jewel at Summit Pointe and Hawthorne at the Crest adding to the vibrant residential landscape just down the road. Spanning an estimated gross total of 9.22 acres, the development is divided into five individual lots with proposed plans for four new buildings, creating the potential for a dynamic hub of restaurants, retail shops, lodging, and service-oriented businesses. Situated off Interstate 75 at Exit 9, the property offers excellent visibility and connectivity with convenient access to Enterprise South Industrial Park, less than 2 miles away. Home to some of the area’s largest employers and more than 2,800 acres of preserved green space with hiking, biking, and horseback trails, Enterprise South further strengthens the site’s position in the regional growth corridor. Located 0.37 miles from Interstate 75 via Apison Pike, an interchange with an estimated traffic count of over 80,000 vehicles per day (VPD), the property connects quickly to key destinations including Hamilton Place Mall (4.7 miles), Chattanooga Metropolitan Airport (7.6 miles), Amazon Fulfillment Center (3.5 miles), Volkswagen Chattanooga (2.6 miles), and the Tennessee Valley Railroad Museum (6.8 miles). Less than 20 minutes from Downtown Chattanooga, this development enjoys access to a powerhouse lineup of national and regional retailers, including Walmart Supercenter, Lowe’s, Best Buy, Dillard’s, Target, and more. Employers like Erlanger Health System, BlueCross BlueShield of Tennessee, Unum, and Amazon are all within a short drive, further boosting daily traffic. By 2029, the 5-mile trade area is expected to reach a population of 88,774, with total specified consumer spending already topping $1.1 billion annually. Now is the time to secure a space in this flourishing commercial corridor, poised to become part of one of Chattanooga’s newest premier live, work, and play destinations.

Contact:

Real Estate Partners

Property Subtype:

Commercial

Date on Market:

2025-08-26

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More details for TBD Suncrest Dr., Johnson City, TN - Land for Sale

TBD Suncrest Dr.

Johnson City, TN 37615

  • Convenience Store
  • Land for Sale
  • $1,181,491 CAD
  • 1.20 AC Lot

Johnson City Land for Sale

1.20 Acres – Ground Lease Available 1.25 Acres – $1,000,000 1.05 Acres – $1,000,000 1.05 Acres – $1,000,000 Prime Commercial Development Opportunity – I-26 Exit 13 | Gray, TN Now available for the first time, these highly visible commercial parcels offer a rare opportunity to establish your business in one of East Tennessee's fastest-growing markets. The property includes four commercial lots ranging from approximately 1.0 to 1.25 acres, along with an additional ±9-acre tract available for larger mixed-use or commercial development. Strategically located just off Interstate 26 at Exit 13 in Gray (North Johnson City), the property benefits from outstanding visibility, easy access, and strong daily traffic. The surrounding area continues to experience significant residential and commercial growth, making this an ideal location for restaurants, convenience stores, medical offices, banks, hotels, retail, professional offices, automotive services, or other commercial users. The parcels are situated adjacent to an established commercial area with successful neighboring businesses either open or preparing to open, including Jersey Mike's, Tropical Smoothie, Victory Vision Eye Clinic, Farm Bureau, Roma Nails, The Gray Fox Restaurant and Lotus Thai. Continued residential development in the immediate area is driving increased demand for additional retail, dining, and service-oriented businesses. Whether you're a developer, investor, or business owner looking to build a custom facility, this is an opportunity to secure a premier commercial site in one of the Tri-Cities' most active growth corridors. With excellent interstate accessibility, strong demographics, and limited remaining commercial land in the area, these parcels are well positioned for long-term success.

Contact:

The Elite Team Agency

Property Subtype:

Commercial

Date on Market:

2025-08-13

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More details for 669 W Broad St, Cookeville, TN - Land for Sale

669 W Broad St

Cookeville, TN 38501

  • Convenience Store
  • Land for Sale
  • $5,003,964 CAD
  • 11.89 AC Lot
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More details for TBD TBD Suncrest Dr., Johnson City, TN - Land for Sale

TBD TBD Suncrest Dr.

Johnson City, TN 37615

  • Convenience Store
  • Land for Sale
  • $1,181,491 - $5,351,461 CAD
  • 1.05 - 1.25 AC Lots
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More details for 2135 Ted Dorris Rd, Goodlettsville, TN - Land for Sale

2135Land.com | Seller Financing - 2135 Ted Dorris Rd

Goodlettsville, TN 37072

  • Convenience Store
  • Land for Sale
  • $1,634,628 - $3,287,588 CAD
  • 0.90 - 0.91 AC Lots

Goodlettsville Land for Sale - Robertson County

Beau Beach, MBA, CCIM presents: 1.81 development-ready acres at the Intersection of I-65 and Bethel Road, Exit 104.? Easy access from both Northbound and Southbound I-65.? Previously developed, recently cleared, two parcel assemblage totaling 1.81 acres.? Water, electricity and sewer available.? No natural gas (neighbors use propane tanks).? Large parcel size and flexible shape will accommodate two seperate users.? For example, a convenience store plus a freestanding QSR.? Subdivided parcels available for $30/SF.? Receive a 20% discount when acquiring the entire 1.81 acre parcel ($25/SF).? Strategic Location & Visibility Immediate Interstate Access.? The property sits adjacent to I-65 at the Bethel Road exit, providing exceptional visibility and access from a major north–south artery that connects Nashville to cities like Louisville and beyond.? High Traffic Exposure.? The site sees approximately 63,000 vehicles per day, offering significant potential for drive-by impressions.?.?.?ideal for businesses like convenience stores, QSRs, or service stations.? Close to Nashville.? Positioned just 8 miles north of Nashville, the location offers swift access to metropolitan resources, workforce, and regional markets.? Located next to the beautiful, newer Nashville Coach development.? The $50M, 352,620 SF "Constellation Goodlettsville 65" development is located nearby on Ted Dorris.? Why It’s Great for Business Unmatched Accessibility & Visibility.? Prime frontage on I-65 means maximum exposure to traffic and ease of access.? Flexible Development Options.? Zoning permits service stations, convenience stores, fast-casual, fast food and more.? Vibrant Local Economy with Growth Momentum.? Proximity to high-traffic retail hubs and corporate headquarters makes for a supportive economic ecosystem.? Convenient Metro Proximity Without the Downtown Premium.? Access to Nashville’s market and labor pool, but without the cost burden of urban core real estate.? Seller Financing Seller financing is available to qualified buyers.? Visit 2135Land.?com for all the details Zoning General Commercial (GC) zoning is intended to accommodate professional office uses, retail uses, restaurants, hotels, and other general commercial uses.? Visit 2135Land.?com for the full list of permitted uses.? Buyer to receive $5,000 Convenience Credit Buyer will receive a $5,000 credit at closing if our brokerage manages the entire transaction.? We must prepare all the paperwork to receive this credit.? Next Steps Survey available by request.? 90 Day "free look" available to serious, qualified buyers.? Seller plans to select the buyer that is most likely to close the transaction.? Contact Beau at 615-200-9330 or email Beau@Beachwood.?ai with all questions.?

Contact:

Beachwood Commercial Real Estate Brokerage

Property Subtype:

Commercial

Date on Market:

2025-08-11

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More details for 1213 Jefferson St, Nashville, TN - Retail for Sale

1213Jefferson.com | Seller Financing - 1213 Jefferson St

Nashville, TN 37208

  • Convenience Store
  • Retail for Sale
  • $1,388,600 CAD
  • 398 SF

Nashville Retail for Sale - West End

Beau Beach, MBA, CCIM presents: $200,000 price reduction to ensure a timely sale! First time available for purchase in 33 years! Seller is motivated for a deal that will close. Make this Building Your Own 398 SF block building was constructed in 1960. Move-in-ready. 800 SF fenced in outdoor patio. Very valuable 10,890 SF (.25 acre) parcel of land. Building is 16' wide by 24' deep. Building is easily expandable to the side and rear. Great exposure and signage. Alley access from rear parking lot could be easily added. 20 parking spaces with the ability to add more with restriping. Unbelievable location. 5 minutes to I-65. 5 minutes to Germantown. 5 minutes to I-40 E. 4 minutes to Charlotte Avenue. 3 minutes to I-40 W. Gentrification is only two blocks away. Buy now and watch its value skyrocket as time passes. Seller Financing Avoid all the bank headaches! For qualified buyers, seller will provide Seller Financing. Visit 1213Jefferson.com to view your menu of Seller Financing options. Walk-Up Window Uses A walk-up window use makes exceptional sense for this property because it aligns perfectly with the site’s constraints and strengths: the 398-SF building is ideal for a point-of-sale and minimal prep, the fully paved lot absorbs short-stay parking and informal queuing without requiring indoor seating, and the major-road exposure drives impulse traffic without the regulatory burden of a drive-thru under MDHA-JS zoning. Customers park, walk, transact, and leave quickly, allowing high sales per square foot while keeping buildout costs low and approvals straightforward. In short, the lot does the work, the building stays efficient, and the use captures visibility-driven demand in a format the zoning clearly supports. Flexible Zoning Zoned CS with two overlays: MDHA-JS and OV-UZO. MDHA-JS permitted uses include: * Restaurants (no drive-thru) * Multi-family Dwellings * Offices * Medical Offices * General Retail (no liquor sales or adult-oriented) * Products * Service Retail * Cultural Facilities Covered Land Play Less than a mile from booming and ultra-expensive Germantown! Gentrification is making its way West on Jefferson Street. A covered land play is a real estate investment strategy where an investor buys property primarily for the underlying land value rather than the existing improvements. Rough dimensions of the parcel are 102' wide x 122' deep. No floodplain. Explosive Growth & Proximity to Major Neighborhoods The property lies just six blocks from Germantown, one of Nashville’s most rapidly appreciating neighborhoods, and is within minutes of Downtown, Midtown, and the Gulch. As these areas grow and become more expensive, Jefferson Street offers the next frontier of accessible urban development. High Visibility + Traffic Volume With 20,000+ vehicles per day passing by, this location provides excellent exposure for commercial tenants or brands. This makes it ideal for ground-floor retail, restaurants, or small businesses that benefit from constant visibility. Nearby Colleges * Fisk University. A private, historically Black liberal arts university founded in 1866, located directly along Jefferson Street, just a few blocks away. * Meharry Medical College. Founded in the early 1870s, this private historically Black medical and health sciences college sits just west of Fisk, also on the Jefferson Street corridor—well under a mile from the property. * Tennessee State University. A public, predominantly Black university founded in 1912. Its campus stretches just west of Meharry and north along Jefferson Street, all within walking distance. These three institutions are historically connected, culturally rooted, and client-connected by their close proximity to 1213 Jefferson – making the site particularly attractive for educational, residential, or mixed-use development that can engage with the student and academic populations in the area. Buyer to receive $5,000 Convenience Credit Buyer will receive a $5,000 credit at closing if our brokerage manages the entire transaction. We must prepare all the paperwork. Seller will select the buyer that is most likely to close the transaction. Call Beau at 615-200-9330 or email Beau@Beachwood.ai with all questions or to schedule a private tour.

Contact:

Beachwood Commercial Real Estate Brokerage

Property Subtype:

Freestanding

Date on Market:

2025-07-30

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More details for 1290 Parkway Pl, Clarksville, TN - Land for Sale

Wawa | Parkway Place | Clarksville, TN - 1290 Parkway Pl

Clarksville, TN 37042

  • Convenience Store
  • Land for Sale
  • $6,285,885 CAD
  • 2.84 AC Lot
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More details for 3903 W Market St, Johnson City, TN - Land for Sale

3903 W Market St

Johnson City, TN 37604

  • Convenience Store
  • Land for Sale
  • $11,814,915 CAD
  • 88 AC Lot
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More details for 22500 Rhea County Hwy, Spring City, TN - Hospitality for Sale

Grand Hotel - 22500 Rhea County Hwy

Spring City, TN 37381

  • Convenience Store
  • Hospitality for Sale
  • $3,544,474 CAD
  • 34,320 SF

Spring City Hospitality for Sale

GRAND HOTEL Spring City, Tennessee Keller Williams Commercial is pleased to present the Grand Hotel, a unique and high-performing hospitality asset located directly near Watts Bar Lake in Spring City, Tennessee (Rhea County). This well-maintained, multi-story property offers a rare blend of location, stability, and upside — serving as the closest hotel to three major regional employers: General Shale Brickyard, Huber Engineered Woods, and the TVA Nuclear Plant. Originally constructed in 2007 and continually improved over time — including a major refresh in 2022— the Grand Hotel features 42 guest rooms (plus manager suite), including 3 wonderfully-appointed suites, a welcoming lobby, and immediate adjacency to a full-service restaurant, 24-hour convenience store, and numerous walkable dining options. The property sits along Highway 27, with Norfolk Southern Railway directly in front, providing steady lodging demand from train crews and other industrial and transportation-related personnel. The hotel enjoys a diverse and dependable guest base: • TVA Nuclear Plant outage workers book blocks of rooms for 60+ consecutive nights during scheduled maintenance periods in April and November • Fishing tourism from March through August drives strong seasonal bookings due to the property’s exclusive lakefront location on Watts Bar Lake • Railroad crews, contractors, and traveling professionals contribute to year-round occupancy • CLC Lodging contract just secured, guaranteeing a minimum of 200 additional nights per year As the only hotel in Spring City coupled with the proximity to Watts Bar Lake — unlike competitors located on the adjacent Tennessee River — the Grand Hotel holds a unique and defensible position in the regional lodging market. This advantage is enhanced by Spring City’s ongoing growth initiatives, led by a newly elected mayor and city officials working to attract development, including a proposed 50+ home single-family subdivision just one mile away. Spring City offers small-town charm with strong economic fundamentals, located just 20 miles from Dayton, 60 miles from Chattanooga, and within a short drive of Roane and Knox Counties. The hotel is well-positioned to continue benefiting from both industrial demand and tourism growth for years to come. This is a rare opportunity to acquire a stable, income-producing hospitality asset with strong upside in a supply-constrained submarket. PRIME TURN-KEY INVESTMENT OPPORTUNITY - STAFF WILLING TO STAY ON FOR NEW BUYER. HIGH CAP-RATE INVESTMENT. HOTEL COULD BE FLAGGED (HAS BEEN A HOWARD JOHNSON HOTEL IN THE PAST) HOWEVER OPERATES VERY WELL AS AN INDEPENDENT. 42 GUEST ROOMS + MANAGER'S QUARTERS ONSITE. ALL INTELLECTUAL PROPERTY OF 'GRAND HOTEL' SHALL CONVEY TO BUYER INCLUDING WEBSITE, NAME, AND LIKENESS. * ADJACENT (LEASED) FULL-SERVICE RESTAURANT PARCEL (031I J 005.02) AVAILABLE AS WELL / LISTED SEPARATELY FOR $575,000 PROVIDING ADDITIONAL ANNUAL INCOME OF $48,000 INCLUDING 50 PARKING SPACES. PLEASE REACH OUT TO CHUCK DAVIS (423.645.3785) FOR DETAILS.

Contact:

KW Commercial

Property Subtype:

Hotel

Date on Market:

2025-07-08

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More details for 2856 Kimball Ave, Memphis, TN - Multifamily for Sale

Kimball Cabana Apartments - 2856 Kimball Ave

Memphis, TN 38114

  • Convenience Store
  • Multifamily for Sale
  • $7,662,320 CAD
  • 171,000 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Memphis Multifamily for Sale - Midtown

**Located within a QCT (Qualified Census Tract) - Great opportunity for LIHTC** The property presents a unique investment opportunity, with a 9.3-acre multifamily property located along Kimball Avenue in Memphis, TN. This community features 27 two-story apartment buildings and a dedicated single-story community building, originally constructed in 1964 and poised for a transformative repositioning. The property comprises 216 total residential units, including 176 two-bedroom units and 40 one-bedroom units. With a strong unit mix, this asset is well-suited for modern upgrades to maximize rental income and long-term value. Additionally, there is an open pad of land on the property, providing the opportunity to construct another building and increase the unit count. The property features convenient access via three asphalt-paved driveways, including two entrances along Kimball Avenue and one on Haynes Street. Residents enjoy the convenience of 364 on-site parking spaces, providing ample parking availability for every unit and enhancing overall accessibility. This is an exceptional value-add opportunity for investors seeking to revitalize and reposition a sizable multifamily asset in a well-established Memphis neighborhood. With substantial rehabilitation, this property has the potential to deliver strong returns through increased occupancy and operational efficiency. Memphis continues to face a significant shortage of affordable housing options, with many working families and individuals struggling to find quality, reasonably priced rental units. This shortage has been amplified by rising rents, creating a critical demand for well-maintained, affordable multifamily communities. Kimball Cabana is uniquely positioned to help address this urgent need. With its diverse unit mix, the property can serve as a vital resource for low- and moderate-income households seeking safe, affordable, and comfortable homes. Renovating and repositioning this community will not only unlock its value-add potential for investors but also contribute meaningfully to expanding Memphis’s affordable housing inventory—supporting local economic stability and community revitalization efforts.

Contact:

Prospera

Property Subtype:

Apartment

Date on Market:

2025-07-02

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More details for 1421 Hollywood Dr, Jackson, TN - Land for Sale

Solo West Development Site - 1421 Hollywood Dr

Jackson, TN 38301

  • Convenience Store
  • Land for Sale
  • $486,357 CAD
  • 2.24 AC Lot
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More details for 2101 Chestnut St, Chattanooga, TN - Office for Sale

2101 Chestnut St

Chattanooga, TN 37408

  • Convenience Store
  • Office for Sale
  • $3,329,026 CAD
  • 15,557 SF
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More details for 8047 Old Nashville Hwy, Murfreesboro, TN - Land for Sale

Old Nashville Hwy at Baker Rd - 8047 Old Nashville Hwy

Murfreesboro, TN 37129

  • Convenience Store
  • Land for Sale
  • $1,800,037 CAD
  • 2.53 AC Lot
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More details for 1870 Chelsea Ave, Memphis, TN - Land for Sale

1870 Chelsea Ave

Memphis, TN 38108

  • Convenience Store
  • Land for Sale
  • $382,247 CAD
  • 1.22 AC Lot
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More details for 8839 US Highway 51 N, Millington, TN - Land for Sale

8839 US Highway 51 N

Millington, TN 38053

  • Convenience Store
  • Land for Sale
  • $2,640,981 CAD
  • 14.75 AC Lot
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