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    1203 Old Highway 68 Sweetwater, TN 37874

    For Sale
    $149,900

    Established Country Tavern, High Traffic Location

    Property size:
    1,980 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This charming, well-established country tavern is situated on a highly trafficked highway in Sweetwater, Tennessee. Spanning 1,980 square feet on a half-acre lot, this turnkey business boasts a welcoming atmosphere perfect for locals and travelers. The interior features a spacious dining area with polished concrete floors, creating a rustic yet modern feel. A fully equipped commercial kitchen, complete with a walk-in cooler, ensures efficient food preparation. The bar area is well-stocked and ready to serve a variety of beverages, including craft beers. Adding to the entertainment options, the property includes a dedicated DJ booth and a dance floor, perfect for live music or events. An inviting outdoor patio provides additional seating and a relaxed atmosphere. The current owners have cultivated a strong reputation for delicious comfort food and friendly service, creating a loyal customer base. Included in a lease agreement are existing amenities such as a jukebox, pool tables, and dart boards, enhancing the entertainment value and potential revenue streams. This presents a rare opportunity to acquire a thriving business with established clientele and significant potential for growth. The asking price is $149,900. This is a fantastic chance to own a beloved community establishment.

    Property Features for 1203 Old Highway 68

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,980 SF
    Lot Size
    21,780 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Black Bull Tavern Bar

    Suggested Use

    Auto Repair Shop Department Store Bar & Pub Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sweetwater
    County
    Monroe
    State
    Tennessee
    Longitude
    -84.43651
    Latitude
    35.59288

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    FAQs

    What type of property is this?
    Commercial real estate - Established Country Tavern, High Traffic Location
    Where is this commercial real estate located?
    The property is located at 1203 Old Highway 68 Sweetwater, TN.
    What is the asking price?
    The asking price for this property is $149,900.
    (423) 220-3672
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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
    1203 Old Highway 68 Sweetwater, TN 37874
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