3281 W State St
Bristol, TN 37620
American Inn Bristol, TN, Redevelopment · Hospitality Property For Sale · 21,701 SF

The American Inn Bristol, TN is a 96 room hotel that sits on 2.85 acres of land. The hotel is operating as an Independent owner operator. The hotel is a former Days Inn that benefits from a strategic location along Interstate 81 at Exit 74A. Interstate 81. The American Inn presents an investor the opportunity to acquire a hotel property for redevelopment at a competitive price. The price per key for the American Inn is $11500 which is significantly below replacement cost. Redevelopment options are diverse and include a new hotel property or a retail opportunity. Development is trending in this particular area as the Fairfield Inn & Suites by Marriott Bristol was recently developed in 2015. Additionally, the Pinnacle is a new 250 acre mixed use development premier shopping venue in the region. This development consists of more than 1,300,000 square feet of retail, restaurant, hotel, medical office space and an outdoor amphitheater, the addition of Bass Pro Shops and Belk creates a superior shopping experience for visitors that exceeds all other retail destinations in the Tri-Cities. Bristol regional medical center Wellmont Hospital is right across the street. Excellent visibility and location from Interstate I-81 and 100 meters form exit 74A NASCAR short track Bristol Motor Speedway is 10 Miles from the property. http://www.bristolmotorspeedway.com/ Bristol is Birthplace of Country Music https://www.birthplaceofcountrymusic.org/ The property may be of interest to a Investor/Cash buyers who may want to refurbish the property and put a franchise (such as Super8 or Studio 6....etc) . The property may be of interest to a developer who may want to tear down the property and construct couple of restaurant, hotel....etc. No owner finance is available. See links that are developing across the road. http://www.thepinnacle.com/ http://wcyb.com/features/weekend-drive/plans-to-build-entertainment-venue-sports-complex-behind-the-pinnacle-move-forward http://wcyb.com/news/tennessee-news/bristol-tn-industrial-leaders-on-board-with-friendship-auto-deal-near-pinnacle