5075 Interstate 55 N
Jackson, MS 39206
Olive Tree Hotel and Banquets - Jackson · Hospitality Property For Sale · 142,000 SF

This Hotel has great potential to be re-branded to Upper Mid-scale Hotel with several Full-Service Brand Franchise options or converted to Assisted Living, Senior Care Facility, Nursing Home or Student Dormitory. Value-Added Opportunity Property Description: The main building is a six-story structure that houses the front desk for registration, the restaurant, meeting rooms, lobby, administrative offices, laundry, maintenance area and other ancillary functions on the first floor. Floors 2 thru 6 consists of 140 Rooms. This is an interior corridor structure. No hotel rooms are located on the first floor of the Main Building. There is a full-service restaurant including a fully equipped kitchen and dining area in the building. The West Wing is a story block structure that contains 52 rooms that have interior corridor access. The North Wing is a 2 story block structure that contains 32 rooms which have exterior access from the courtyard on the first floor. Common areas include the pool, pool building, walkways, breezeways, the courtyard, and the parking areas as well as the lobby and meeting facilities. Total Building Sq Footage is approx 142,000 sq ft. Location Description: The Hotel is located just off the Major Interstate 55 with close proximity to all Demand Generators of the Capital City of Jackson, Mississippi has to offer. Adjacent to several other area attractions including : Mississippi Sports Hall of Fame LeFleur's Bluff State Park Mississippi Museum of Natural Science Downtown Jackson Jackson State University University Medical Center Tougaloo College Millsaps College Fondern District Old Capitol Museum North Park Mall Mississippi Governor's Mansion Smith Robertson Museum Jackson Zoo Winner's Circle Park Mynelle Gardens Arboretum & Botanical Center Mississippi Petrified Forest Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel.