1331 Highway 100Centerville, TN 37033

  • Turn key restaurants
  • 4,265 SF
For Sale
$1,895,000 View listing

Property Details for 1331 Highway 100

Year built
1950
Lot size
6.74 AC
Property size (Sq ft)
4,265 SF
Property type
Turn key restaurants
APN
041084 08500
APU
4108408500

Description

This exceptional investment opportunity encompasses a thriving, 30-year-old restaurant operating on a busy corner lot along Highway 100 in Centerville, Tennessee. The 12,000 square foot property includes three buildings situated on a 6.74-acre parcel, offering significant potential for future development. The restaurant, known for its three-meal-a-day service, enjoys a strong reputation and consistent profitability. Its location on Highway 100, a major east-west connector through Middle Tennessee, provides excellent visibility and accessibility. Centerville's growth as a bedroom community to Nashville, coupled with surrounding land value appreciation, makes this a particularly attractive investment. The property's strategic location is further enhanced by the presence of a recently constructed Dollar General Market on a portion of the land previously sold by the owner, and a new bank across the street. The expansive acreage presents opportunities for expansion, including the potential development of a retail center or mini-storage warehouse. This is a turnkey operation, with the real estate, buildings, and established business included in the sale. The owner is retiring and will not sell the land and business separately. Financial and operating information for the business is available upon execution of a non-disclosure agreement. This is a rare chance to acquire a profitable, established business with significant future development potential in a rapidly growing area.

Location Insight

City
Centerville
County
Hickman
State
Tennessee
Latitude
35.8232
Longitude
-87.4381
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,846
-
-
$72,120
-
$73,100
$107,200
$180,300

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