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Trace Inn 
3400 West Main Street
Tupelo, Mississippi 38801
County: Lee
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| Property Use Type: | Vacant/Owner-User |
| Type: | Hotel & Motel Economy/Limited Service |
| No. Rooms: | 60 |
| Building Size: | 30,000 SF |
| Lot Size: | 3.89 Acres |
| Price: | Price Not Disclosed |
| Date Last Verified: | 12/23/2008 |
| Property ID: | 15936245 |
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Property Description:
Owner needing to sell quickly!!!!!!!!!. Please make an offer
This motel that was built in the Mid 70's and has been recently used for efficiency and one-bedroom apartments. All units are currenty vacant and awaiting a new owner to give some TLC to the property. There are 30 efficiency units and 30 one-bedroom units. Someone with vision could take advantage of the 70's style architecture and create a unique atmosphere.
Property is zoned correctly for motel use. C-2 Commercial zone. The property will have to be brought back to code with repairs before city will allow occupancy.
Please call or email for more information on the property. This property is being offered on an "as is"/"where is" basis, with no warranty implied or expressed. All information about the property is deemed to be correct, but cannot guarantee the accuracy of the information.
Location Description:
Great location and convenient to many parts of Tupelo. Close to the Tupelo Furniture Markets. Property has much potential. An increase in demand for efficiency and one-bedrooms is soon to be here due to the new Toyota Vehicle Assembly Plant located 15 minutes from this site. IV's Restaurant is located in front of the complex which offers a fabulous dining amenity to the property.
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