This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1292 S Walnut Ave
Cookeville, TN 38501
Red Roof Inn Cookeville Tennessee Tech · Hospitality Property For Sale · 22,932 SF
Investment Highlights
- Fantastic location
- Extra parking for semi trucks
- Excellent visibility
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1981 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Lot Size | 1.90 AC | Corridor | Exterior |
| Building Size | 22,932 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.90 AC |
| Building Size | 22,932 SF |
| No. Stories | 2 |
| Year Built | 1981 |
| Parking Ratio | 1.91/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
About 1292 S Walnut Ave , Cookeville, TN 38501
Great opportunity to purchase a going business! Property is located right off I-40 Ext 287 Cookeville, TN. 50 rooms, Red Roof Inn. Comes with extra parking for Semi Trucks. Call for details. Only pre-qualified buyers with proof of funds will be allowed to schedule showings. Immediately off interstate 40 exit 287 in Cookeville, TN, half way between Nashville & Knoxville. Great location, pool, multiple common areas, guest laundry, and ample parking. Handicap accessibility. 50 rooms: 40 queens, 9 king, 1 handicap. Easy access and fantastic visibility from I-40 and adjacent to many popular restaurants and shopping. The City of Cookeville, incorporated in 1903, is located 79 miles east of Nashville and 101 miles west of Knoxville at the intersection of I-40 and Highway 111 in the Upper Cumberland Region of Middle Tennessee. The Municipality’s land area is 20.4 square miles. Cookeville is the county seat of Putnam County and is one of four cities located within the county. The other municipalities are Algood, Baxter, and Monterey. Cookeville is a regional center for employment, education, retailing, health care, and recreational/cultural activities. Approximately 15,000 Upper Cumberland Region residents travel to Cookeville each day to work, attend school, received health care, shop, or participated in leisure time activities. Cookeville is home to Tennessee Tech University, which hosts many events. A wide variety of recreational and cultural opportunities are provided for residents of Putnam County and the Upper Cumberland Region by local governments, the state park system, civic clubs and community organizations. Cane Creek Park, a 260-acre park with a 56-acre lake is owned and operated by the City of Cookeville’s Department of Leisure Services. Three state parks offer many camping, picnicking, hiking, and other recreational opportunities. Three Corps of Engineer lakes (Center Hill, Dale Hollow, Cordell Hull), with over 1,200 miles of shorelines, are within a 30-minute drive. https://visitcookevilletn.com/
PROPERTY TAXES
| Parcel Number | 066-053.05 | Improvements Assessment | $360,000 |
| Land Assessment | $520,000 | Total Assessment | $880,000 |
PROPERTY TAXES
zoning
| Zoning Code | C-3 (zoned for hospitality) |
| C-3 (zoned for hospitality) |
Learn More About Investing in Hospitality Properties
