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Commercial > Hospitality
Active
05/08/2025
List Price
$1,500,000$147/ft²

551 Elm St
Martin, TN 38237

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  • Malobo BannerMalobo Banner Square
    551 Elm St, Martin, TN 38237 is a 26 bath, 10,206 ft² commercial hospitality property property built in 1954 on a 1.500 acre lot. This commercial hospitality property is currently for sale for $1,500,000.

    MLS Description

    The listing agent's description. Original Listing

    Motel and Laundromat with 24 Rooms. 10 Apartment Style and 14 Overnight Rooms. 22 Top Head Washers, 24 Dryers, 1-60lb Front Load Washer, 5-40lb Front Load Washer, 3-30lb Front Load Washer, and 2-20lb Front Load Washer. Water, Cable, Electric, Internet all covered by owner. There is an attached manager living quarters onsite. Great income potential with opportunity to be turned into a boutique motel. Financials can be viewed with a signed NDA and LOI. Owners willing to help with transition.

    Listing Agents

    The listing agent for 551 Elm St is Alex Bynum.

    Current Ownership

    Information about the current owner(s).

    Property History

    551 Elm St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 551 Elm St

    School Information

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    Neighborhood

    This property is located in Martin.

    Market Trends

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    Copyright © 2025 Tennessee Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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