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1027 Oakwood Drive, Milan, TN, 38358
Turnkey Restaurant for Sale

1027 Oakwood Drive Milan, TN 38358

For Sale
$1,750,000

COMMERCIAL - Milan, TN

Property Size6,964 SF
Lot Size2.17 Acres
Price / SF$251.29
Days on Market51

Property Features for 1027 Oakwood Drive

General Information

Property type Commercial Sale
Property subtype Other
Parking 50
Standard status Active
APN 140L A 010.00
Size 6,964 SF
Lot size 2.17 Acres

Taxes and HOA fees

Tax Annual Amount 9548

Utilities

Sewer type Public Sewer
Cooling system Electric, Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1986
Floors in Building 1
Flooring type Tile, Carpet
Building materials Brick, Metal Siding
Listing Agency: Crye-Leike Elite
Listed By: Chris Miller · License #322301
Added: Jun 10 Changed: Jun 12 Last Checked: Jul 30 at 8:06AM
MLS# 2602723

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 for-sale restaurant opportunity is presented as a turnkey operation with established systems and a welcoming, customer-focused atmosphere. The property includes a 6,964-square-foot building situated on 2.17 acres, offering an operating base for a new owner to take over an established food service concept.

Located at 1027 Oakwood Drive in Milan, Tennessee (Gibson County), the business is described as a long-standing local favorite. The listing emphasizes strong name recognition and a long-term customer following, with the current owner prepared to retire.

For restaurateurs or operators seeking an existing concept to step into, this offering combines established operations with the ability to run day-to-day service from a dedicated restaurant facility. It may also appeal to a buyer looking to continue a recognized community restaurant while bringing their own approach to management. For details on the property and operation, contact the listing broker team.

Key Highlights

  • Restaurant business opportunity with a long operating history in Milan, Tennessee
  • Construction materials include brick and metal siding
  • Year built: 1986

Property Analytics

Property Profile Location Intelligence

Current Use

Hig's Restaurant Restaurant

Suggested Use

Top Pick Kitchen & Bath Showroom Storage Facility Bakery Garden Center Electrical Service Law Firm

Zoning and permitted uses should be independently verified with authorities.

Similar Off Market Nearby

  • China House — 6066 B, S 1st St, Milan, TN 38358

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant opportunity in Milan, TN, offered with 6,964 square feet of space on 2.17 acres.
Where is this conventional restaurant located?
The property is located at 1027 Oakwood Drive Milan, TN.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Restaurant business opportunity with a long operating history in Milan, Tennessee; Construction materials include brick and metal siding; Year built: 1986
More about this property
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