82 Federal DrJackson, TN 38305

Prime Jackson, TN location on Federal Dr, this established 2,449 sq ft lounge offers a turnkey operation with a strong local following. Boasting a dedicated stage for live music, billiard tables, ample seating for up to 250 guests, and a fully equipped kitchen and bar, this single-unit, Class B property is ready for immediate operation. The 100% occupied venue features a 12.83% cap rate and a substantial NOI of $44,777. Built in 1981 on a 0.23-acre lot, the property is zoned for general business use and includes 5 televisions and all necessary equipment for continued success. The asking price is $349,000 ($142.51/sq ft). This is an exceptional owner-user investment opportunity with significant potential for growth. The property's central location between Memphis and Nashville provides easy access to a large customer base. The existing infrastructure and loyal clientele create a stable foundation for a new owner to build upon. This is a rare chance to acquire a thriving business with a proven track record in a desirable market.