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    1450 Old Belfast Rd Lewisburg, TN 37091

    For Sale
    $115,000

    Restaurant-Approved, Fully Remodeled, High-Traffic Location

    Property size:
    615 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 615-square-foot mixed-use property, situated on a 0.1-acre lot at 1450 Old Belfast Rd in Lewisburg, TN, presents a compelling investment opportunity. The building has undergone a complete renovation, boasting a new parking lot, roof, insulation, flooring, windows, electrical system, plumbing (both interior and extending to the road), sheetrock, Hardy Board siding, gas line, HVAC system, and fixtures. Previously approved for restaurant use by the city, this versatile space is ideally suited for a variety of food service concepts, including coffee shops, fast-food drive-thrus, or full-service restaurants. Its strategic location within an industrial park ensures high visibility and accessibility. The property's recent comprehensive upgrades minimize immediate capital expenditures, allowing for a swift return on investment. The asking price is $115,000. Note that the furniture in the front room is not included in the sale. This turnkey property offers significant potential for immediate income generation and long-term growth. The industrial zoning provides flexibility for future expansion or adaptation to evolving market demands. Don't miss this chance to acquire a meticulously renovated commercial property in a prime Lewisburg location.

    Property Features for 1450 Old Belfast Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    615 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1984
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Food Market Kitchen & Bath Bar & Pub Electrical Service Garden Center Electronics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewisburg
    County
    Marshall County, TN
    State
    Tennessee
    Longitude
    -86.75959
    Latitude
    35.43138

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    FAQs

    What type of property is this?
    Mixed-use property - Restaurant-Approved, Fully Remodeled, High-Traffic Location
    Where is this mixed-use property located?
    The property is located at 1450 Old Belfast Rd Lewisburg, TN.
    What is the asking price?
    The asking price for this property is $115,000.
    (615) 869-0616
    Request Owner's contact information
    1450 Old Belfast Rd Lewisburg, TN 37091
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    Lewisburg, TN 37091
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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
    1450 Old Belfast Rd Lewisburg, TN 37091
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