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Historic Restaurant Building with Furnishings
For Sale
$330,000

1704 Highway 138, Mercer, TN 38392

Restaurant furnishings are included, with an upper level identified for apartment or short-term rental use.

Property Size4,000 SF
Price / SF$82.50
Days on Market74

Property Features for 1704 Highway 138

General Information

Standard status Active
Size 4,000 SF

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $471

Building Details

Buildings 1
Listing Agency: RE/MAX Realty Source
Listed By: Jodie Parrish · License #262502
Source: Exprealty
Added: Jun 9 Changed: Aug 20 Last Checked: Aug 21 at 11:49AM

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 RE/MAX Realty Source

Investment Insights

Based on property information with market context.

This 4,000-hsf historic building is configured for restaurant operations and includes the furnishings needed for that use. The property also has an upper level described as suitable for apartments or short-term rentals, creating additional use flexibility within the existing structure.

Located at 1704 Highway 138 in Mercer, Tennessee, the building combines an established restaurant format with a distinct second-floor component. The sale includes the restaurant furnishings, allowing the next owner to evaluate the existing setup for continued restaurant use or a revised operating plan.

Key Highlights

  • 4,000‑hsf historic restaurant building
  • Restaurant furnishings included with the sale
  • Upper level described for apartment or short‑term rental use

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Grocery & Convenience Store Law Firm Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38392, TN

739
Population
286
Households
2.6
Avg Household Size
46
Median Age
13%
College-Educated
86%
High-School Grad
36.0 sq mi
ZIP Area
21
Density / Sq Mi
$52,188
Median Household Income
$26,908
Median Earnings
$43,400
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant furnishings are included, with an upper level identified for apartment or short-term rental use.
Where is this conventional restaurant located?
The property is located at 1704 Highway 138 Mercer, TN.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 4,000‑hsf historic restaurant building; Restaurant furnishings included with the sale; Upper level described for apartment or short‑term rental use
More about this property
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