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Historic Furnished Restaurant Building
For Sale
$330,000

1704 Tennessee 138, Mercer, TN 38392

Commercial Sale, Mercer, TN

Property Size4,000 SF
Price / SF$82.50
Days on Market87

Property Features for 1704 Tennessee 138

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Retail
Parking 25
Elementary school district Jackson Madison Consolidated District
Standard status Active
APN 138O B 028.00
Size 4,000 SF

Taxes and HOA fees

Tax Annual Amount 471

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Floors in Building 2
Flooring type Vinyl
Building materials Brick
Roof type Rubber
Listing Agency: RE/MAX Realty Source · RE/MAX International
Listed By: Jodie Parrish · License #262502
Added: Jun 9 Changed: Aug 19 Last Checked: Sep 3 at 2:06PM
MLS# 2602686

Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,000-square-foot commercial building was constructed in 1920 and is configured for restaurant operations. The property is offered with furnishings for restaurant startup, along with vinyl flooring, central heating and central air conditioning. Brick construction and a rubber roof complete the primary building features.

The property is located at 1704 Tennessee 138 in Mercer, Tennessee, within Madison County. Public water serves the building, while wastewater is handled by a septic tank. The upper level presents potential for apartment or Airbnb use, subject to applicable approvals and requirements.

Key Highlights

  • 4,000 square feet of commercial building area
  • Constructed in 1920 with brick exterior construction
  • Furnishings included for restaurant use

Property Analytics

Current Use

Conventional restaurants

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38392, TN

739
Population
286
Households
2.6
Avg Household Size
46
Median Age
13%
College-Educated
86%
High-School Grad
36.0 sq mi
ZIP Area
21
Density / Sq Mi
$52,188
Median Household Income
$26,908
Median Earnings
$43,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Furnished for restaurant use with brick construction and central HVAC.
Where is this conventional restaurant located?
The property is located at 1704 Tennessee 138 Mercer, TN.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 4,000 square feet of commercial building area; Constructed in 1920 with brick exterior construction; Furnishings included for restaurant use
More about this property
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