For Sale
$895,000

17238 Rankin Ave Dunlap, TN 37327

Established Restaurant, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 1.52-acre commercial property in Dunlap, TN, presents a unique investment opportunity. Located at 17238 Rankin Ave, this C-Class retail site boasts a 2,800 sq ft restaurant building constructed in 1962, featuring an all-brick exterior and a 10-year-old rubber membrane roof. The property includes a second building (15x50 ft), ample paved parking (32+ spaces and 40+ overflow), and excellent visibility on US Hwy 127 (Rankin Ave), a 3-lane highway with over 14,500 vehicles per day. The site benefits from double frontage, providing a flow-through traffic pattern, and proximity to State Hwy 111. All utilities are readily available, including sewer, gas, water, electric, and fiber. The property is zoned Commercial C1 and is not located in a FEMA 100 or 500-year floodplain. The existing restaurant, a community landmark since 1962, offers the potential for continued operation or redevelopment. The seller may leave fixtures, furnishings, and equipment

Highlights

  • 1.52-acre C-Class retail site in Dunlap, TN, at 17238 Rankin Ave.
  • 2,800 sq ft restaurant building (1962 construction) with all-brick exterior and a 10-year-old roof.
  • Ample paved parking (32+ spaces plus 40+ overflow) and excellent visibility on US Hwy 127 (Rankin Ave), a 3-lane highway with over 14,500 VPD.
  • Double frontage on US Hwy 127 and State Hwy 111, providing excellent traffic flow.
  • All utilities available (sewer, gas, water, electric, fiber); C1 zoning; outside FEMA floodplains.
  • Existing restaurant (potential for continued operation or redevelopment); seller may leave FF&E.

Property Details for 17238 Rankin Ave

Property type
Retail properties, Restaurants
Square Feet
2,800 SF
Class
C
Year Built
1962
Buildings
2
Stories
1
Lot Size (sq. ft)
66,211 SF

Location Insight

City
Dunlap
County
Sequatchie
State
Tennessee
Latitude
35.3911791
Longitude
-85.3761292

FAQs

What type of property is this?
Retail property - Established Restaurant, Redevelopment Potential
Where is the retail property located?
The property is located at 17238 Rankin Ave Dunlap, TN.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 1.52-acre C-Class retail site in Dunlap, TN, at 17238 Rankin Ave.; 2,800 sq ft restaurant building (1962 construction) with all-brick exterior and a 10-year-old roof.; Ample paved parking (32+ spaces plus 40+ overflow) and excellent visibility on US Hwy 127 (Rankin Ave), a 3-lane highway with over 14,500 VPD.
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17238 Rankin Ave
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