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$1,500,000
2 Days On Site

551 Elm Street
Martin, TN 38237

For Sale|Hotel/Motel|Active
0
Beds
0
Full Baths
0
Partial Baths
10,206
SqFt
$147
/SqFt
1954
Built
County:
Weakley
Listing courtesy of Alexander J Bynum of Wendell Alexander Realty 7318196002
Call Now: (731) 506-0999
Is this the home for you? We can help make it yours.
(731) 506-0999
551 Elm Street551 Elm Street551 Elm Street551 Elm Street
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Mortgage Calculator

Monthly Payment (Est.)

$6,844
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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 Snapshot
Price 
$1,500,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,206 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.5 Acres
Year Built 
1954
MLS® Number 
2500971
Status 
Active
Property Tax 
$4,141
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Acres 
1.5
Foundation 
Slab
Parking Spaces 
45
Property Sub Type 
Hotel/Motel
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
10206
Water Source 
Public
Interior Features
Cooling 
Wall Unit(s)
Heating 
Other
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Exterior Features
Construction Details 
Brick
Road Frontage 
City Street
Roof 
Shingle
Community Features
School District 
Weakley County
Schools
School District
Weakley County
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Alexander J Bynum of Wendell Alexander Realty 7318196002



Listing information is provided by Participants of the Central West Tennessee Association of Realtors MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2025, Central West Tennessee Association of Realtors MLS.
Last checked 2025-03-13 09:48 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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