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Established Restaurant and Business
New
For Sale
$1,200,000

829 E Spring St, Cookeville, TN 38501

The sale brings together an operating restaurant business and its real estate in Cookeville.

Property SizeContact for details
Days on Market4

Property Features for 829 E Spring St

General Information

Standard status Active

Additional Details

Business Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $4,009
Listing Agency: First Realty Company
Listed By: Taylor Foutch · License #364710
Source: Exprealty
Added: Oct 30 Changed: Nov 1 Last Checked: Nov 1 at 3:39PM

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 First Realty Company

Rey
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Investment Insights

Based on property information with market context.

This Cookeville offering includes the real estate and an active restaurant business. The business has operated for more than 50 years and is being offered as its current owner retires.

Located at 829 E Spring St, the property is offered as a combined real estate and business sale.

Key Highlights

  • Sale includes both the real estate and operating restaurant business
  • Business has been operating for over 50 years
  • Located at 829 E Spring St in Cookeville, Tennessee

Property Analytics

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

Current Use

Saxony Center Hotel & Motel Big O Donuts Bakery

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Veterinary Clinic

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

546
Businesses Nearby
Under-served
Demand for This Use

Demographics for 38501, TN

41,141
Population
19,158
Households
2.1
Avg Household Size
33
Median Age
31%
College-Educated
88%
High-School Grad
87.1 sq mi
ZIP Area
472
Density / Sq Mi
$50,923
Median Household Income
$30,191
Median Earnings
$856
Median Rent
$245,100
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 - The sale brings together an operating restaurant business and its real estate in Cookeville.
Where is this conventional restaurant located?
The property is located at 829 E Spring St Cookeville, TN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Sale includes both the real estate and operating restaurant business; Business has been operating for over 50 years; Located at 829 E Spring St in Cookeville, Tennessee
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