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Grocery Store with Restaurant
For Sale
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104 West Chester Street, Jackson, TN 38301

Corner property with two entrances, a restaurant component, and billboard income potential.

Property Size23,958 SF
Lot Size0.55 Acres
Price / SF$104.35
Days on Market27

Property Features for 104 West Chester Street

General Information

Standard status Active
Size 23,958 SF
Lot size 0.55 Acres
Property subtype Business for Sale
Zoning Commercial
Lease Type Gross
Net Operating Income $4,250

Financials

Asking Price $2,500,000
Business Included Yes

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Building Details

Year Built 1974
Buildings 2
Tenancy Single
Listing Agency: EXIT REALTY BLUES CITY
Listed By: John Alashmali · License #28076
Source: Crexi
Added: Aug 5 Changed: Aug 31 Last Checked: Aug 31 at 12:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT REALTY BLUES CITY

Investment Insights

Based on property information with market context.

This commercial property combines a grocery and convenience store with a restaurant building and billboard. The liquor store building contains 2,302 square feet, while the restaurant building provides 2,752 square feet. Built in 1974, the property occupies approximately 0.55 acres, or 23,958 square feet of land.

The site sits at the corner of S. Highland Ave and W. Chester St in Downtown Jackson, with two entrances and access to the US Highway 45 Bypass. The offering includes the operating liquor store, an income-producing restaurant, and a billboard. The restaurant lease began July 1, 2024, and includes three additional two-year renewal options.

Key Highlights

  • Grocery and convenience store building with 2,302 Sq. Ft.
  • Restaurant building provides 2,752 Sq. Ft.
  • Approximately 0.55 Acres of land

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Dental Office Real Estate Agency Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic

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

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,117
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38301, TN

34,170
Population
15,769
Households
2.2
Avg Household Size
37
Median Age
16%
College-Educated
85%
High-School Grad
150.9 sq mi
ZIP Area
226
Density / Sq Mi
$40,062
Median Household Income
$28,542
Median Earnings
$958
Median Rent
$119,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Corner property with two entrances, a restaurant component, and billboard income potential.
Where is this grocery and convenience store located?
The property is located at 104 West Chester Street Jackson, TN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Grocery and convenience store building with 2,302 Sq. Ft.; Restaurant building provides 2,752 Sq. Ft.; Approximately 0.55 Acres of land
More about this property
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