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Restaurant Space Near Shelbyville Square
New
For Sale
$375,000

218 S Cannon Blvd S, Shelbyville, TN 37160

Natural gas is among the utilities serving the property, which also has a turning lane for access.

Property Size924 SF
Price / SF$405.84
Days on Market2

Property Features for 218 S Cannon Blvd S

General Information

Standard status Active
Size 924 SF

Site & Location

Corner Location No
Road Access Yes
Utilities to Site Yes

Additional Details

Liquor License No

Building Details

Year Built 1945
Listing Agency: Better Homes & Gardens Real Estate Heritage Group
Listed By: Amie Lee Marks · License #267392
Source: Grayfoxrealty
Added: Sep 30 Last Checked: Sep 30 at 4:06PM

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 Better Homes & Gardens Real Estate Heritage Group

Investment Insights

Based on property information with market context.

Built in 1945, the property is currently used as a Jamaican kitchen serving a food court. Its prior use was as a market. Natural gas is included among the available utilities, and the site has space for outdoor serving and parking.

The restaurant is in Shelbyville, just off the Shelbyville Square, with a turning lane providing access from the road.

Key Highlights

  • Restaurant property built in 1945
  • Currently operating as a Jamaican kitchen serving a food court
  • Natural gas included among the utilities

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Pharmacy Building Supply Big Box & Wholesale Store Storage Facility Real Estate Agency Garden Center

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
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

857
Businesses Nearby
86k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 30% Apparel 13% Home Improvements & Furnishings 3%
Shell Shops & Services
10,944 visits/mo 0.1 miles
Goodwill Apparel
9,840 visits/mo 0.2 miles
Hardee's Dining
9,805 visits/mo 0.4 miles
Dollar Tree Shops & Services
7,847 visits/mo 0.3 miles
Arby's Dining
6,932 visits/mo 0.4 miles

Demographics for 37160, TN

36,976
Population
14,130
Households
2.6
Avg Household Size
37
Median Age
16%
College-Educated
83%
High-School Grad
233.3 sq mi
ZIP Area
158
Density / Sq Mi
$58,899
Median Household Income
$34,759
Median Earnings
$924
Median Rent
$257,700
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
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Similar Off Market Nearby

  • The Dinner Table — 201 Lane Pkwy, Shelbyville, TN 37160
  • New Century Buffet — 510 Madison St, Shelbyville, TN 37160

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Natural gas is among the utilities serving the property, which also has a turning lane for access.
Where is this conventional restaurant located?
The property is located at 218 S Cannon Blvd S Shelbyville, TN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Restaurant property built in 1945; Currently operating as a Jamaican kitchen serving a food court; Natural gas included among the utilities
More about this property
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