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551 Elm Street, Martin, TN 38237
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$1,300,000
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Home Details for 551 Elm Street
Price
$1,300,000
Type
Commercial/Industrial
Year Build
1954
Lot Size
1.5
County
Weakley
Tax
$4,141
MLS®️ Listing#
2500971
On exitrealty.com
248 days
Property Description
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.
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Listing Courtesy: Wendell Alexander Realty - 731-281-1220. Presented by: Alexander Jennings Bynum
The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central West Tennessee Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Central West Tennessee Association of REALTORS®. All Rights Reserved.
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$1,300,000
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