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    403 Main St Monteagle, TN 37356

    For Sale
    $299,000

    Established eatery, high traffic location, immediate income.

    Property size:
    1,118 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This thriving, turnkey restaurant located at 403 W Main St W, Monteagle, TN presents a unique investment opportunity. Boasting 1,118 square feet on a half-acre lot, this well-established business has served the local community for the past 10 years, building a loyal customer base. Its reputation as a breakfast hotspot is complemented by a convenient drive-through window for lunch service, ensuring consistent revenue streams. The property benefits from ample parking both in the front and rear, enhancing accessibility for customers. Strategically situated at the intersection of Hwy 41 in Monteagle and Pelham, this location ensures high visibility and convenient access for a wide customer base. Significant recent improvements include a new roof, HVAC system, freezer compressor, stove, and water heater, all installed since 2019. Interior renovations are equally impressive, featuring completely remodeled tile flooring throughout, two updated bathrooms, and fresh paint. All existing restaurant equipment is included in the sale price of $299,000, making this a truly turnkey operation ready for immediate income generation. This is a rare chance to acquire a profitable, established business with significant recent upgrades in a prime location.

    Property Features for 403 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    1,118 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1973
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Depot Cafe Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Monteagle
    County
    Marion County, TN
    State
    Tennessee
    Longitude
    -85.84139
    Latitude
    35.24099

    Nearby Comparable

    • $300,000
      2,234 SF

      Monteagle Mixed-Use Commercial Property

      Prime Location, Investment Opportunity
      16 1St St, Monteagle, TN 37356
      View Details
    • $214,900
      4.15 Acres

      Dixie Lee Ave, Monteagle, TN 37356

      Retail properties • 4.15 Acres
      Dixie Lee Ave, Monteagle, TN 37356
      View Details

    Nearby Similar for Sale

    • $300,000
      2,234 SF

      Monteagle Mixed-Use Commercial Property

      Prime Location, Investment Opportunity
      16 1St St, Monteagle, TN 37356
      View Details
    • $214,900
      4.15 Acres

      Dixie Lee Ave, Monteagle, TN 37356

      Retail properties • 4.15 Acres
      Dixie Lee Ave, Monteagle, TN 37356
      View Details

    FAQs

    What type of property is this?
    Retail property - Established eatery, high traffic location, immediate income.
    Where is this retail property located?
    The property is located at 403 Main St Monteagle, TN.
    What is the asking price?
    The asking price for this property is $299,000.
    (931) 924-5555
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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
    403 Main St Monteagle, TN 37356
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