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    Mercer, TN
    Conventional Restaurant
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    Mercer, TN Conventional Restaurants for Sale

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    Historic Furnished Restaurant Building
    Updated: Jun 9
    Historic Furnished Restaurant Building

    1704 Tennessee 138, Mercer, TN 38392

    $330,000
    4,000 sqft
    4,000 square feet of commercial building area
    Constructed in 1920 with brick exterior construction
    Furnishings included for restaurant use
    Central heating and central air conditioning
    Upper level identified for potential apartment or Airbnb use
    View details
    Historic Restaurant Building with Furnishings
    Updated: Jun 9
    Historic Restaurant Building with Furnishings

    1704 Highway 138, Mercer, TN 38392

    $330,000
    4,000 sqft
    4,000‑hsf historic restaurant building
    Restaurant furnishings included with the sale
    Upper level described for apartment or short‑term rental use
    Located at 1704 Highway 138 in Mercer, TN
    View details
    See what stands out in Madison County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Grocery Store with Restaurant
    Grocery Store with Restaurant

    104 West Chester Street, Jackson, TN 38301

    Contact for pricing
    23,958 sqft 0.55 AC lot

    Corner property with two entrances, a restaurant component, and billboard income potential.

    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
    Conventional Restaurant Building
    Conventional Restaurant Building

    2519 Anderson Ave, Brownsville, TN 38012

    Contact for pricing
    3,753 sqft 1.20 AC lot

    Freestanding conventional restaurant building available for sale or ground lease in Brownsville, Tennessee.

    View details
    Restaurant Building with Bar
    Restaurant Building with Bar

    1867 Hollywood Dr, Jackson, TN 38305

    Contact for pricing

    Restaurant space includes a dining area, bar counter for 10+ barstools, and separate restrooms.

    View details

    Mercer, TN Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Mercer, TN on our real estate platform. These investment opportunities span a total of 8,000 square feet of properties for sale, with an estimated market value of $660,000.

    Sale prices for conventional restaurants in Mercer, TN average $330,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2

    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 $330K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Madison County

    Residential Income

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