Advertise
    Mercer, TN
    Conventional Restaurant

    Mercer, TN Conventional Restaurants for Sale

    Notify Me
    List
    Map
    Denmark, TN Whiteville, TN Brownsville, TN Medon, TN Toone, TN Jackson, TN Bolivar, TN Pinson, TN
    Historic Restaurant Building
    Updated: Jun 9
    Historic Restaurant Building

    1704 Tennessee 138, Mercer, TN 38392

    $340,000
    4,000 sqft
    Historic 4,000 SF building (brick construction) built in 1920
    Fully furnished and set up for restaurant startup
    Central heating and central air
    Roofing includes rubber roof
    Public water and septic tank sewer service
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    1704 Tennessee 138, Mercer, TN 38392

    View Property Analytics

    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Mortgage

      $32K
      Nov 1996

    • Last Sold

      Dec 2018
      $30K

    • Property Type

      Retail Stores
      Built 1920
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mercer, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Brick Office and Retail Building
    Downtown Brick Office and Retail Building

    212 N Liberty Street, Jackson, TN 38301

    $350,000
    5,088 sqft

    Two-story brick building with a gutted open-plan interior and flexible B3 zoning for office, retail, or food-and-beverage use.

    View details
    Office Building with Multiple Entrances
    Office Building with Multiple Entrances

    403 E Baltimore Street, Jackson, TN 38301

    $475,000
    7,201 sqft 0.88 AC lot

    Downtown Jackson office building with three separate entrances and a detached 3-bay garage.

    View details
    Restaurant Building Near Interstate 40
    Restaurant Building Near Interstate 40

    2519 Anderson Ave, Brownsville, TN 38012

    Contact for pricing
    3,753 sqft 1.20 AC lot

    Freestanding 3,753 SF restaurant on 1.2 acres for sale.

    View details
    Freestanding Restaurant Building For Sale
    Freestanding Restaurant Building For Sale

    2519 Anderson Rd, Brownsville, TN 38012

    $550,000
    3,753 sqft

    Freestanding restaurant building on Anderson Ave, Brownsville, Tennessee.

    View details

    Mercer, TN Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Mercer, TN on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $340,000.

    Sale prices for conventional restaurants in Mercer, TN start at $340,000, averaging $340,000, and reaching up to $340,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1

    Demographics Overview

    Population 736
    Population Growth (5Y) +24.1%
    Median Household Income $52,188
    College Educated 21.6%

    High-Yield Neighborhoods for Investment

    Identify Mercer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38392 $350K

    Taxes & Financing

    Tax Rate (average for all types) 1.87%
    Property Tax per SF $46.88 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Mercer, TN

    Most Searched ZIP Codes in Mercer, TN

    • 38392

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!