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    370 State Highway 304 Decatur, TN 37322

    For Sale
    $850,000

    Mixed Use, Masonry - Decatur, TN

    Type:Mixed Use
    Lot size:
    0.59 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 370 State Highway 304

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Parking
    35
    Lot size
    0.59 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Exhaust Fan (Heating)
    Cooling system
    Central Air, Exhaust Fan (Cooling)

    Building Details

    Year built
    1973
    Building materials
    Block, Cement Siding, Concrete, Frame
    Architectural style
    Other

    Country Living Realty (423) 237-1046 [email protected]

    Listing agent Peggy Gibson (423) 237-1046 License #278423

    Listing date Oct 29, 2025

    MLS# 709023 Listing URL

    Copyright © 2025 Lakeway Area 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.

    Overview

    Mixed-Use Property: Restaurant, Store, Apartments

    This mixed-use property in Decatur, TN, presents a unique business opportunity. Currently operating as Butterbean & Pikey's, a local establishment, the property includes a fully operational restaurant and tavern, a convenience store, and propane sales, offering multiple revenue streams. In addition to the commercial space, the property features two apartments suitable for owner occupancy, staff housing, or rental income. Situated on a 0.59-acre lot, this property is a local hub with a strong reputation. The seller also owns a second general store and will combine the businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Wholesale Shop Auto Repair Shop Bar & Pub Car Rental Toy Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Meigs
    State
    Tennessee
    Longitude
    -84.751291
    Latitude
    35.626552

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    FAQs

    What type of property is this?
    Grocery and convenience store - Thriving business opportunity with restaurant, store, apartments, and propane sales.
    Where is this grocery and convenience store located?
    The property is located at 370 State Highway 304 Decatur, TN.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Multiple Revenue Streams: Benefit from a restaurant/tavern, convenience store, and propane sales.; - Two Apartments: Options for owner occupancy or rental income.; - Established Business: Home to Butterbean & Pikey's, a popular local spot.
    (423) 237-1046
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    Decatur, TN 37322
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    370 State Highway 304 Decatur, TN 37322
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