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    122 Lincoln St Tullahoma, TN 37388

    Sponsored
    For Sale
    $1,400,000

    Turn-key restaurant & event space. High traffic location.

    Property size:
    6,196 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property offers a thriving, turn-key restaurant business at 122 W. Lincoln St., Tullahoma, TN, along with an adjacent building perfect for private events. The main restaurant building boasts 6,196 square feet of finished space downstairs, easily accommodating up to 60 seated diners (with standing room for 83). A private dining room comfortably seats 21 guests. All kitchen equipment, furniture, and fixtures, including the established business name, are included in the sale. Upstairs, an unfinished 4,379 square foot area presents significant expansion potential. The adjacent building at 124 W. Lincoln St. is ideal for private parties, business meetings, or banquets, featuring two separate bars, a 20-tap draft beer system, two restrooms, and an office. This prime location sits on a 0.17-acre lot in the heart of downtown Tullahoma, benefiting from high foot traffic and proximity to major attractions. Its strategic placement near the Tennessee Whiskey Trail (Jack Daniels, George Dickel, and Nearest Green Distilleries) and close proximity to Tims Ford Lake and Normandy Lake ensures a steady stream of tourists and local clientele. The asking price for this exceptional opportunity is $1,400,000.

    Property Features for 122 Lincoln St

    General Information

    Property type
    Retail properties
    Square Feet
    6,196 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1900
    Location Intelligence

    Current Use by Public Records

    Play Well Mural Artist One22West Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tullahoma
    County
    Coffee County, TN
    State
    Tennessee
    Longitude
    -86.21104
    Latitude
    35.36214

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    FAQs

    What type of property is this?
    Retail property - Turn-key restaurant & event space. High traffic location.
    Where is this retail property located?
    The property is located at 122 Lincoln St Tullahoma, TN.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (931) 455-0555
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    122 Lincoln St Tullahoma, TN 37388
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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
    122 Lincoln St Tullahoma, TN 37388
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