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    817 Interstate Dr Manchester, TN 37355

    Sponsored
    For Sale
    $1,000,000

    Prime Restaurant, Event Space, High Visibility

    Property size:
    10,302 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 10,302 square foot restaurant presents a unique investment opportunity in Manchester, TN. Ideally situated on 1.5 acres with high visibility between exits 110 and 111 of I-24, this property boasts a captivating blend of old-world charm and modern amenities. The meticulously remodeled interior offers expansive seating areas, both indoors and out, creating a welcoming atmosphere for diverse events. Multiple outdoor stages and a dedicated outdoor bar area cater to a wide range of entertainment options, from intimate gatherings to large-scale celebrations. Versatile event spaces further enhance the property's functionality. The upper level provides significant unfinished space, ready for customization to complete the vision. Recent upgrades include a new roof, a new sprinkler system, a complete electrical update, a new backflow system, two new water heaters, and a new, expansive walk-in cooler. Selected restaurant equipment is included in the sale price of $1,000,000. This property offers significant potential for a discerning buyer seeking a turn-key operation or a blank canvas for a unique venture. All offers will be considered.

    Property Features for 817 Interstate Dr

    General Information

    Property type
    Retail properties
    Square Feet
    10,302 SF
    Lot Size
    65,340 SF

    Building Details

    Year Built
    1977
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Nail Salon Pharmacy Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Coffee County, TN
    State
    Tennessee
    Longitude
    -86.08327
    Latitude
    35.49985

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Retail property - Prime Restaurant, Event Space, High Visibility
    Where is this retail property located?
    The property is located at 817 Interstate Dr Manchester, TN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (931) 723-3300
    Request Owner's contact information
    817 Interstate Dr Manchester, TN 37355
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    Manchester, TN 37355
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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
    817 Interstate Dr Manchester, TN 37355
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