For Sale
$3,000,000

14275 Us-79 Buchanan, TN 38222

Profitable Turnkey Hospitality Business

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Tennessee hospitality property, encompassing 21,555 square feet on over 11 acres (488,743.2 sq ft lot), presents a unique investment opportunity. The property includes a hotel, restaurant (Meo Mio's Sportsman's Grill), storefront, and multiple rental cabins and houses, all situated on 14 buildings across a single story. Built in 2000, this established business is currently operating as a rental resort with nightly rentals, a restaurant, bar, and grill, offering immediate income potential. The location is highly desirable, less than two miles from Paris Landing Marina and minutes from Land Between the Lakes National Recreational Area and Paris Landing State Park and golf course, providing access to numerous recreational activities including boating, fishing, camping, hunting, and horseback riding. The cabins are ideally suited for AirBnB rentals. The asking price is $3,000,000, with a price per square foot of $139.18. The property is available for occupancy on August 14, 2024. This turnkey operation offers endless possibilities for expansion and growth within a thriving tourism market. The property is offered as an owner/user investment.

Highlights

  • $3,000,000 asking price for a 21,555 SF hospitality and retail property.
  • Owner/user investment opportunity with a price per square foot of $139.18.
  • Located at 14275 US-79, Buchanan, TN 38222, on over 11 acres (488,743.2 sq ft lot).
  • Includes a hotel, restaurant (Meo Mio's Sportsman's Grill), storefront, and multiple rental cabins and houses; 14 buildings total, all single-story.
  • Close proximity to Paris Landing Marina, Land Between the Lakes National Recreational Area, and Paris Landing State Park.
  • Currently operating as a rental resort with nightly rentals, restaurant, and bar/grill; ready for immediate occupancy (August 14, 2024).

Property Details for 14275 Us-79

Property type
Retail properties, Restaurants
Square Feet
21,555 SF
Year Built
2000
Buildings
14
Stories
1

Location Insight

City
Buchanan
County
Henry
State
Tennessee
Latitude
36.4323284
Longitude
-88.1140652

FAQs

What type of property is this?
Retail property - Profitable Turnkey Hospitality Business
Where is the retail property located?
The property is located at 14275 Us-79 Buchanan, TN.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: $3,000,000 asking price for a 21,555 SF hospitality and retail property.; Owner/user investment opportunity with a price per square foot of $139.18.; Located at 14275 US-79, Buchanan, TN 38222, on over 11 acres (488,743.2 sq ft lot).
How can I contact the broker?
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14275 Us-79
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