1424 E Main St - Hospitality FOR SALE


Humboldt, TN 38343
$2,100,000 USD
731-661-1419
1424 E Main St, Humboldt, TN for Sale
$2,100,000 USD
Hospitality - FOR SALE
1/26
null | 9.53% Cap Rate

1424 E Main St
Humboldt, TN 38343


HIGHLIGHTS

  • Architectural beauty inside and out.
  • 130 year old chapel that seats 207 people and has great acoustics.
  • Restaurant (available for events), speakeasy, outdoor venue, secondary building with 2,267 sq ft.

OVERVIEW

The main building of this venue is a former church, built in 1895 and recently renovated to accommodate overnight guests, serve meals, and host weddings and other events. This turn-key property has 6 large guest rooms, each 16 x 24, an even larger on-site owner's suite, a wedding chapel that seats 207, a restaurant, a speakeasy, outdoor venue space and a second building that represents potential income. In addition to the 7 bedrooms and 7 full bathrooms, it has 5 half baths, a reading room, and a massage room. The manor is a popular stop for visitors from across the country, as well as being a favorite hangout for locals who enjoy its exquisite atmosphere, historical architecture and fine dining. Located in the heart of downtown, this hidden gem has been Select Registry Inspected and is ready for you to make a move. View the property's webpage at magnoliamanorand chapel.com.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$228 USD /SF

# OF ROOMS

6

PRICE/ROOM

$350,000 {currency}

CAP RATE

9.53%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Magnolia Manor & Chapel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1895

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

B3

APN/PARCEL ID

170H R 007.00

ASK ABOUT THIS PROPERTY

Mason WarringtonHeritage Real Estate, IncMore Info
731-661-1419

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Mason WarringtonHeritage Real Estate, IncMore Info
731-661-1419

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.