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Restaurant Building with Patio
New
For Sale
$569,000

1516 East Wood Street, Paris, TN 38242

Outdoor dining space complements the interior, with customer parking available on site.

Property SizeContact for details
Days on Market2

Property Features for 1516 East Wood Street

General Information

Standard status Active
Property subtype Commercial/Industrial

Site & Location

Highway Access Yes
Road Access Yes

Restaurant

Commercial Hood Yes
Patio Yes
Equipment Included Yes

Additional Details

Furnished Yes

Amenities

F
Active
529
911
Pole Sign, Fixtures/Furniture, Machinery
095L
Security System, Display Window
Business Opportunity, Retail >2000 Sq Ft
Restaurant
23
Aerial, Deed, Proof of Zoning
Wall to Wall Carpet, Tile
10
Central
1
2
Other
Public Sewer
Public
Private over 10
1.09
Central Electric
Natural Gas Connected, Electricity Connected, Cable Available, Single Phase Power, Telephone Lines
Block
0-1.9 Acres

Building Details

Year Built 2003
Buildings 1
Stories 1
Listed By: Moody Realty Co. Inc.
Source: Moodyrealty.idxbroker
Added: Nov 1 Last Checked: Nov 1 at 3:29PM

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 Moody Realty Co. Inc.

Rey
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Investment Insights

Based on property information with market context.

This freestanding restaurant property includes indoor dining, an outdoor patio, dining booths, hood vents, walk-in coolers, and freezers. The building was constructed in 2003 and has a newer roof and HVAC units that are three years old. Restaurant equipment and furnishings are included in the sale.

The property is located beside a hotel in Paris, Tennessee, with access from a U.S. highway. The site measures 1.09 acres.

Key Highlights

  • Freestanding restaurant on a 1.09‑acre site
  • Outdoor patio adds dining space
  • Walk‑in coolers, freezers, hood vents, and dining booths included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ace's Restaurant

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Hair Salon Building Supply Nail Salon Dental Office

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

Yes
Highway access
Yes
Paved road access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

159
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 65% Hotels & Casinos 35%
Huddle House Dining
4,676 visits/mo 0.1 miles
Quality Inn Hotels & Casinos
1,956 visits/mo 0.1 miles
Super 8 Paris Hotels & Casinos
519 visits/mo 0.5 miles

Demographics for 38242, TN

19,940
Population
9,390
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
175.5 sq mi
ZIP Area
114
Density / Sq Mi
$44,833
Median Household Income
$35,723
Median Earnings
$759
Median Rent
$157,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Outdoor dining space complements the interior, with customer parking available on site.
Where is this conventional restaurant located?
The property is located at 1516 East Wood Street Paris, TN.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Freestanding restaurant on a 1.09‑acre site; Outdoor patio adds dining space; Walk‑in coolers, freezers, hood vents, and dining booths included
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