26 Rooms Hotel with 3.1 Acre Commercial Land on Hwy25E
Rebuilt after the hotel fire of 2007. It changed not only the look of the Brick stucco building but the new building codes, new Plumbing and new Electrical made the hotel safe for next 100 years. Hotel was renovated again in 2020-2021 to add hardwood flooring and tiles in most of the hotel rooms. Hotel has three buildings. The main building "A" has 15 rooms Building "B" has 4 rooms and Building "C" is Centrally Air/Heated , consists of part interior corridor has ,4 Hotel Suites, one of it has a Handicap room, Three beds elegant suite, Front Desk, Lobby, a House for the owner to live with three bedrooms, large kitchen, pantry, two bathrooms, storage and one bed room is under construction at the back of the owner's house. A Manager's Quarter, Linen Room, Laundry Room with Washers and Dryers. In addition there are three rentable rooms available. Hotel has 11 storages to store equipment, plumbing & electric supplies. Hotel is located on the HWY25 E that originates from I-75 exit Corbin, KY that leads to a scenic highway, along the towns of Barboursville , Pineville, and Middlesboro KY then through the mile long tunnel to the State of TN crossing University of Lincoln Memorial at the Harrogate , Tazewell, TN passing by the hotel location to further splitting HWY 33 that goes to Knoxville TN, Nashville, Memphis and further to I-40 & I-75 Southern corridors. A block from the Dixie Plaza Hotel, HWY25, E turns to the City of Morristown, Dolly Wood, Gatlinburg, Smoky Mountains and to the I-40 to Ashville N.C and further. All the sight seeing beautiful sites are no more then an hour and a half drive. Dixie Plaza has been running by one owner for the last 20 years. The owner is planning to retire. This hotel location is the best location in the town of Tazewell, TN. It is located on the Tazewell City line, that is a walking distance to the City Hall, Court House, Grocery Stores , Fast Food , Restaurants , Law offices, Auto Dealerships, Hair Dressers, Pawn Shops, Walgreen, Pharmacies, Walmart , few Factories, Churches, Schools and other establishments. Dixie Hotel is located about 8 miles from the City of Harrogate, known as the University Town, where the LMU is located. The Lincoln Memorial, has many Faculties such as Medicine, Nursing, MBA, Science, Education, Arts and others. Hotel guests are visitors, Contractors, LMU students their parents, Sales people, business owners, Truckers, hunters, fisherman, flea Market sales crew , factory workers, few locals and others. . Dixie Plaza Hotel stays very busy during the summer months from March till September. Oct, Nov and Dec are mostly the hunters, contractors, few visitors to see their families for Christmas and for New Year holidays. Dixie Plaza Hotel has 4-5 employees. The owner lived at the hotel house since year 2003 with four of his family members till he bought his own house nearby in 2013. Hotel has two lines switchboard telephone system. The hotel has 12 cameras surrounded by the hotel to cover all the hotel rooms and total of 11 hotel storages including the basket ball court at the field. Dixie Plaza Hotel has total of 3.1 acre of commercial land. Two acre of the land is available for further expansion for either a liquor store facing HWY25E or a large Gas Station with Convenience store, a Truck Centre is desperately needed on the site. Additional hotel rooms or an apartment building can be added on the empty commercial lots or a strip mall with 12 stores to lease out to small businesses to earn extra fix income. Due to the Housing Bubble, series of houses can be built on the empty lots to recover the cost of the hotel building for the new hotel buyer. Facilities: Guest Basket ball court with few seating arrangements are located in the field area of the hotel. Financing: No Owner Financing is available. Buyer can arrange business loan and SBA loan easily. Training; Owner is willing to train for couple of months and be available for future needs.