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Mixed-Use Property with Apartments
For Sale
$650,000

7386 Mount Carmel Road, Decaturville, TN 38329

Commercial Sale, Decaturville, TN

Property Size6,400 SF
Lot Size1.38 Acres
Price / SF$101.56
Days on Market101

Property Features for 7386 Mount Carmel Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Elementary school district Decatur County
Directions From intersection of Hwy 100 and Hwy 641 at 4 way stop in Decaturville head East on Hwy 100 for 3.9 miles. Turn right onto Mount Carmel Rd. In 7 miles property will be on the right.
Standard status Active
APN 089 012.13
Size 6,400 SF
Lot size 1.38 Acres

Taxes and HOA fees

Tax Annual Amount 2107

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2002
Floors in Building 2
Flooring type Concrete
Roof type Metal
Listing Agency: Evans Real Estate
Listed By: Lori Yarbro · License #357357
Added: May 28 Changed: Sep 2 Last Checked: Sep 5 at 4:06AM
MLS# 2602479

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 mixed-use property contains a 6,400-square-foot commercial building with a grocery market, family restaurant, and a 400-square-foot billiards room. The restaurant includes food service operations, while a recently added outdoor seating area expands the customer space. Two outdoor garages provide equipment storage, and the former gas tanks have been removed, leaving additional usable area for parking or future improvements.

The upper level includes two 1,000-square-foot apartments, each configured with 2 bedrooms, 1 bathroom, and a mini kitchen. The property encompasses 1.38 acres and is located one mile from the Tennessee River and White's Creek. Additional physical features include ample parking, concrete flooring, central heating and cooling, public water, septic service, and a metal roof. The building was constructed in 2002.

Key Highlights

  • 6,400‑square‑foot mixed‑use building with grocery market and family restaurant
  • Two 1,000‑square‑foot apartments, each with 2 bedrooms, 1 bathroom, and a mini kitchen
  • 400‑square‑foot billiards room added to the commercial building

Property Analytics

Current Use

J.r.s market and family ... Restaurant

Suggested Use

Top Pick Restaurant

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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 38329, TN

3,435
Population
2,086
Households
1.6
Avg Household Size
47
Median Age
14%
College-Educated
84%
High-School Grad
109.2 sq mi
ZIP Area
31
Density / Sq Mi
$51,311
Median Household Income
$39,167
Median Earnings
$756
Median Rent
$141,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Market, restaurant, billiards, and residential space combine within a flexible commercial property.
Where is this mixed-use property located?
The property is located at 7386 Mount Carmel Road Decaturville, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 6,400‑square‑foot mixed‑use building with grocery market and family restaurant; Two 1,000‑square‑foot apartments, each with 2 bedrooms, 1 bathroom, and a mini kitchen; 400‑square‑foot billiards room added to the commercial building
More about this property
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