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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26794618
26794582

1989 Archie Rhinehart Parkway, Spencer, TN 38585

WP
TN TN 359473
RP Realty LLC
Listed by RP Realty LLC
$950,000
294 days on market
Updated 147 days ago

They Way Inn

Details
Property Type Hospitality, Mixed Use
Sub Type Motel
Square Footage 8,917
Units 20
Stories 1
Investment Type Value Add

Hospitality

Marketing description

Historic Mixed-Use Gem in Fall Creek Falls – Motel, Convenience & Gas Station on 0.69 Acre

Discover an exceptional investment opportunity in the heart of Tennessee’s picturesque Fall Creek Falls region. Listed at $1,400,000, this commercial mixed-use property offers a proven business model with built-in appeal.

Currently operating as a quaint, year-round motel, alongside a fully stocked convenience store and gas station, the site caters to travelers, campers, and RV enthusiasts—delivering both customer convenience and strong traffic flow.

Key Features:

  • 2,000 sq ft commercial building, well-situated on 0.69 acres of prime real estate.

  • Built in 1978, featuring timeless appeal and opportunities for modernization.

  • Fully equipped facility—offers fuel services, RV supplies, camping essentials, travel information, and cozy overnight lodging.

  • Commercial zoning allows potential for redevelopment or expansion to suit evolving business needs.

  • Located in a high-demand travel corridor near Fall Creek Falls State Park, ensuring consistent year-round patronage.

  • Excellent foundation for future growth—with name recognition and loyal customer base established.

Whether you’re a seasoned hospitality investor or an entrepreneur ready to grow, this property offers stability with upside potential. Transform it into a boutique motel, expanded convenience hub, or diversify with additional services tailored to tourists and outdoor enthusiasts.

Listing Contacts

WP
TN TN 359473
RP Realty LLC
Listed by RP Realty LLC

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Additional Information

Name
Wade Peterson
License
359473
Brokerage
Rogue Real Estate Company LLC
Brokerage Phone
423-715-0075
Title
Broker of Record
Brokerage Address
3077 Broad St 2B, Chattanooga TN 37408
Name
Wade Peterson
License
TN 359473
Brokerage
Rogue Real Estate Company LLC
Brokerage Phone
423-715-0075
Title
Affiliate Broker
Brokerage Address
3077 Broad Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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