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Downtown Restaurant with 74 Seats
For Sale
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408 E Elk Avenue, Elizabethton, TN 37643

Restaurant for sale with 74-seat dining, about 2,400 sq ft, and included furniture, fixtures, inventory, and equipment.

Property Size2,400 SF
Days on Market120

Property Features for 408 E Elk Avenue

General Information

Standard status Active
Size 2,400 SF
Property subtype Special Purpose

Additional Details

Furnished Yes
Business Included Yes
Listing Agency: Green Commercial Realty Inc
Listed By: MICHAEL GREEN · License #TN254972
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 12:10AM

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 Green Commercial Realty Inc

Investment Insights

Based on property information with market context.

For sale: a conventional restaurant property offering approximately 2,400 sq ft of restaurant space with seating for 74. Furniture, fixtures, inventory, and equipment are included with the asking sale.

The property is located at 408 E Elk Avenue in Elizabethton, TN 37643, and is described as being in the heart of downtown. The operator currently supports the business with 14 employees, and the seller will provide 4 weeks of training after closing, with ongoing paid consulting for up to 3 months.

Recent upgrades noted include a new sewer line drop, new flooring in the dining area, a new prep-area floor plan, and a new grill. The seller describes the restaurant as being a longtime downtown fixture, with recipes preserved from the local region.

Key Highlights

  • Award‑winning restaurant in downtown Elizabethton, TN 37643; in operation for nearly 100 years
  • Restaurant space about 2,400 sq ft with seating for 74
  • Furniture, fixtures, inventory, and equipment included in the asking price

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

754
Businesses Nearby
103k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 78% Shops & Services 21% Beauty & Spa 1%
McDonald's Dining
34,044 visits/mo 0.3 miles
Wendy's Dining
16,341 visits/mo 0.3 miles
Taco John's Dining
11,518 visits/mo 0.4 miles
KFC Dining
8,004 visits/mo 0.3 miles
Hardee's Dining
6,808 visits/mo 0.4 miles

Demographics for 37643, TN

33,752
Population
16,344
Households
2.1
Avg Household Size
45
Median Age
21%
College-Educated
89%
High-School Grad
131.1 sq mi
ZIP Area
257
Density / Sq Mi
$50,455
Median Household Income
$35,680
Median Earnings
$733
Median Rent
$156,200
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant for sale with 74-seat dining, about 2,400 sq ft, and included furniture, fixtures, inventory, and equipment.
Where is this conventional restaurant located?
The property is located at 408 E Elk Avenue Elizabethton, TN.
What are key features of this property?
This property features: Award‑winning restaurant in downtown Elizabethton, TN 37643; in operation for nearly 100 years; Restaurant space about 2,400 sq ft with seating for 74; Furniture, fixtures, inventory, and equipment included in the asking price
(423) 677-8494 Call to check price and availability
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