Improved Commercial Land for Sale in Centerville, Tennessee
634 David St, Centerville, TN 37033
Rare hospitality investment opportunity in Centerville, Tennessee. This 39-key Econo Lodge Inn & Suites includes two additional on-site staff apartments, providing added operational flexibility for ownership and management. The approximately 22,134-square-foot property features an outdoor swimming pool and operates under an established franchise that is transferable, subject to franchisor approval and requirements.
The property has generated a historical average NOI of approximately $175,000, with 2024 gross revenue of approximately $544,000. Current performance presents a compelling value-add opportunity for an experienced operator to increase occupancy, strengthen revenue management, and improve overall operating performance.
Offered at $2,100,000, this is an opportunity to acquire an established hospitality asset with existing operations, additional on-site staff housing, and potential upside. Financial information and additional due diligence materials are available to qualified prospects.
- Listed by Tina Jones, (678) 984-3115, X Factor Realty Group
Location
- Street address
- 634 David St
- County
- Hickman County
- Zip code
- 37033
- Elevation
- 700 feet
Directions
From downtown Centerville, take Hwy 100 toward David St. Turn onto David St. Property is located at 634 David St.
Property details
- Acreage
- 1.82 acres79,279 sq ft
- Zoning
- C-2
- MLS #
- REALTRACS 3513520
- Posted
Parcels
- 041095K B 00900 00001095K
Resources
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Mixed Use
- Possession
- Negotiable
Lot
- Size Source
- Assessor
Interior
- Security
- Smoke Detector(s)
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 15, 2026 | New listing | $2,100,000 | — | REALTRACS |
Payment calculator
Based on information submitted to the MLS GRID as of Aug 21, 2026 1:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more