For Sale
$750,000

7386 Mount Carmel RdDecaturville, TN 38329

Turnkey Multi-Use Business in TN

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional turnkey business opportunity in Decaturville, Tennessee, presents a unique blend of retail, dining, and entertainment ventures. The property encompasses a thriving market, a family-style restaurant offering a diverse menu (including smash burgers and Chicago-style pizza), and a lively bar featuring karaoke nights. A recently added 400-square-foot billiards room provides additional revenue potential for events and tournaments. Situated on a 1.38-acre lot with ample parking, the property also includes two 1,000-square-foot, two-bedroom, one-bathroom apartments with mini-kitchens, ideally suited for short-term rentals given their proximity to the Tennessee River and Whites Creek. The main building, constructed in 2002 and extensively renovated in 2023, boasts a total of 6,500 square feet across two stories. The property is currently operating at 100% occupancy under a net lease, offering immediate cash flow. The asking price is $750,000, representing a price per square foot of $115.38. This multi-faceted business is perfectly positioned to capitalize on both local and tourist traffic, offering a compelling investment opportunity with significant upside potential. The property is located at 7386 Mt Carmel Rd, Decaturville, TN 38329.

Highlights

  • Turnkey business opportunity in Decaturville, TN, combining retail, dining, and entertainment.
  • Features a restaurant (smash burgers, Chicago-style pizza), bar with karaoke, and a new 400 sq ft billiards room.
  • 6,500 sq ft main building (2002 construction, extensively renovated 2023) on a 1.38-acre lot with ample parking.
  • Includes two 1,000 sq ft, 2-bed/1-bath apartments with mini-kitchens, ideal for short-term rentals.
  • Currently 100% occupied under a net lease, asking price $750,000 ($115.38/sq ft).

Property Details for 7386 Mount Carmel Rd

Property type
Retail properties, Restaurants
Square Feet
6,500 SF
Year Built/Renovated
2002/2023
Buildings
2
Stories
2
Lot Size (sq. ft)
60,113 SF

Location Insight

City
Decaturville
County
Decatur
State
Tennessee
Latitude
35.5125794
Longitude
-87.9907032
7386 Mount Carmel Rd, Decaturville, Tennessee

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7386 Mount Carmel Rd
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