Sleep Inn property will be auctioned off in October after selling for over $1 million in 2022, DG market also listed
Two of Marion’s most visible commercial properties are on the market this fall, including the Sleep Inn & Suites on Highway 5 and the newer Dollar General Market at the intersection of Highways 5 & 14. Listings for both properties circulated on social media this week.
The 62-room Sleep Inn & Suites, located at 1605 Highway 5 South near Piggly Wiggly, is being offered by online auction Oct. 27–29 with a starting bid of $500,000, according to sales materials. The hotel opened under county ownership as an economic development project and remained a county asset for about a decade.
In February 2022, county leaders announced they had sold the hotel to Marion Partner, LLC, a Texas limited liability company, for $1.025 million in cash, with the county applying proceeds toward debt reduction. In the years since, the hotel has reported operating challenges tied to city water quality and service interruptions, including episodes of brown water that damaged linens and drew guest complaints.
Separately, the Dollar General Market at 1367 Martin Luther King Memorial Parkway, a largerformat grocery-focused version of the well-known dollar store that was announced in 2023, is listed for sale at roughly $1.9 million. Marketing materials describe a 12,733- square-foot building on a 5.75-acre site with a 15- year absolute triple-net lease that commenced in October 2024, five-year rent bumps, and no landlord responsibilities. The property is in a designated Opportunity Zone. A sale of the real estate would not, in itself, mean Dollar General is leaving the location. The Alabama-based Broadway Group, which develops Dollar General stores nationwide, commonly builds and leases stores to Dollar General and then sells the underlying real estate to investors while the retailer continues operating under a longterm lease.
No changes in operations at either property have been announced.
