The Cedar Valley Inn 631 S Cumberland St 87 Room Hotel Lebanon, TN 37087 $4,700,000 ($54,023/Room)

The Cedar Valley Inn presents a rare dual-path investment opportunity in Lebanon, Tennessee—one of the fastest-growing cities in the state and just 25 miles east of Nashville. This 78-room independent economy hotel sits on a 2.5-acre site with CG zoning, offering both immediate operational upside and long-term redevelopment potential. Currently utilized by Cracker Barrel for employee housing and limited walk-in guests, the property is primed for repositioning by a dedicated hospitality operator.
With no franchise restrictions, investors benefit from full operational flexibility and cost savings. The Inn’s location on South Cumberland Street (21,447 ADT) places it in a high-visibility corridor surrounded by national retailers, banks, and restaurants, and within walking distance of Lebanon’s historic downtown. The site’s zoning allows for a wide range of uses including retail, restaurant, entertainment, and mixed-use development, making it ideal for repositioning into a shopping center, outparcel, or service-oriented concept.
Lebanon’s demographic tailwinds—projected population growth to over 52,000 within five miles by 2030 and average household incomes exceeding $100,000—support strong demand for both budget lodging and retail services. The property’s 2025 RevPAR of $42.50 and ADR of $85.00 reflect untapped potential, with pro forma projections showing steady revenue growth through 2030.
Whether maintained as a cash-flowing hospitality asset or redeveloped for retail, Cedar Valley Inn offers investors a compelling value proposition in a thriving Middle Tennessee market.