Mixed-Use Restaurant
2905 Highway 49 W Ashland City, TN 37015
2905 Highway 49 W, Ashland City, TN, 37015
$369,000
For Sale
$369,000
Mixed-use property offers 2 bathrooms and was previously used as a restaurant, with an acre lot available.
Property Size2,200 SF
Price / SF$167.73
Days on Market259
Property Features for 2905 Highway 49 W
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1940
Listing agency
Town & Country Homes Real Estate
(615) 957-7770
Listed by
Brett Leehans · License #266459
(615) 957-7770
Source
Firstrealty
Added: Nov 5, 2025 Updated: Jul 22 at 3:09AM Checked: Jul 22 at 3:09AM
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 Town & Country Homes Real Estate
Investment Insights
Based on property information with market context.
This mixed-use commercial building totals 2,200 square feet and includes two bathrooms. The property was previously operated as a restaurant, and the layout can be adapted for other uses.
The offering is being marketed for sale or lease and includes an acre lot. The address is 2905 Highway 49 W in Ashland City, Tennessee.
Additional details beyond the building size, bathroom count, and prior restaurant use are not provided in the listing information.
The offering is being marketed for sale or lease and includes an acre lot. The address is 2905 Highway 49 W in Ashland City, Tennessee.
Additional details beyond the building size, bathroom count, and prior restaurant use are not provided in the listing information.
Key Highlights
- Mixed‑use property built in 1940
- 2,200 SF building with 2 bathrooms
- Previously used as a restaurant; space can be adapted for other uses
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.1k | $20.04 |
| − Vacancy | −$2.6k | −$1.20 |
| EGI | $41.4k | $18.84 |
| − OpEx | −$10.4k | −$4.71 |
| NOI | $31.1k | $14.13 |
2,200 SF · lease $20.04/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$444.0K
$388.5K – $518.0K
NOI $31,082 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$739.2K
$646.8K – $862.4K
NOI $51,744 @ 7.0% cap · market cap 14.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
O'Brien's Southern Diner
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Mixed-use property offers 2 bathrooms and was previously used as a restaurant, with an acre lot available.
Where is this conventional restaurant located?
The property is located at 2905 Highway 49 W Ashland City, TN.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Mixed‑use property built in 1940; 2,200 SF building with 2 bathrooms; Previously used as a restaurant; space can be adapted for other uses
