Building Details

Year Built 1930

Year Renovated 2019

Listing Agency: Bernie Gallerani Real Estate b*@berniegallerani.com Show Phone

Listed By: Bernie Gallerani 6154386658 · License #295782

Source: Midtnhomefinders

Added: Jul 23 Changed: Aug 29 Last Checked: Aug 25 at 7:13AM

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Investment Insights

Based on property information with market context.

Located at 1029 Park St in Westmoreland, this conventional restaurant property was built in 1930 and updated in 2019. Improvements include upgraded electrical and plumbing systems, a remodeled bathroom, fresh interior paint, oak hardwood flooring, and a renovated commercial kitchen. The kitchen includes a range hood and exhaust system and is configured to meet health department requirements.

The layout can support restaurant operations and has also been identified for potential conversion to retail, office, medical, salon, fitness, or other commercial uses. The property is zoned Commercial and offers an established building configuration for an owner-user or operator evaluating multiple commercial formats.

Key Highlights

• 2019 updates include electrical, plumbing, bathroom, paint, flooring, and kitchen improvements
• Renovated commercial kitchen with new range hood and exhaust system
• Kitchen configuration meets health department requirements

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Dental Office Electrical Service Big Box & Wholesale Store Building Supply Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Commercial hood

Location Intelligence

Trade Area within ½ mile

208

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 37186, TN

10,263

Population

4,168

Households

2.5

Avg Household Size

39

Median Age

9%

College-Educated

82%

High-School Grad

107.9 sq mi

ZIP Area

95

Density / Sq Mi

$57,133

Median Household Income

$35,433

Median Earnings

$970

Median Rent

$193,400

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 - Commercial zoning and a renovated kitchen support continued dining use.

Where is this conventional restaurant located?

The property is located at 1029 Park St Westmoreland, TN.

What is the asking price?

The asking price for this property is $374,900.

What are key features of this property?

This property features: 2019 updates include electrical, plumbing, bathroom, paint, flooring, and kitchen improvements; Renovated commercial kitchen with new range hood and exhaust system; Kitchen configuration meets health department requirements