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Turnkey Restaurant with Commercial Kitchen
For Sale
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836 UNAKA ST, Harriman, TN 37748

Fully equipped restaurant with updated building improvements and a commercial kitchen ready for immediate operation.

Property Size2,168 SF
Price / SF$230.58
Days on Market117

Property Features for 836 UNAKA ST

General Information

Standard status Active
Size 2,168 SF
Class C
Total Parking Spaces 15
Property subtype Retail, Hospitality, Business for Sale
Zoning Commercial
Lease Type NNN
Investment Type Owner/User

Additional Details

Business Included Yes

Building Details

Year Built 1956
Year Renovated 2018
Stories 2
Units 1
Tenancy Single
Listing Agency: Coldwell Banker Jim Henry & As Kingston
Listed By: Jacki Hill · License #290155
Source: Crexi
Added: Jun 29 Changed: Oct 13 Last Checked: Oct 23 at 5:52AM

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 Coldwell Banker Jim Henry & As Kingston

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Investment Insights

Based on property information with market context.

This turnkey restaurant offering includes a fully equipped commercial kitchen and restaurant equipment included with the sale. The property and improvements have been updated, including building updates in 2018 and a roof replacement in 2018. The business is ready for immediate operation, with an established customer base and long-standing community recognition dating to operations beginning in 1978.

The second floor includes unfinished space that was formerly used as a 3-bedroom apartment, which may support future income or expansion plans. Sale options include purchasing the building, business, and equipment together or buying the business only.

Overall, the package is designed for buyers seeking a working restaurant operation with included equipment and on-site additional unfinished space.

Key Highlights

  • Chuck's Deli established in 1978; restaurant is fully equipped and ready for immediate operation
  • Building updated in 2018, including roof replacement in 2018
  • Fully equipped commercial kitchen included with the sale (restaurant equipment included)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,336
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,720 $726.7K
Cap Rate 7%
$519,086 $519.1K
Cap Rate 9%
$403,733 $403.7K
Market Conditions
NOI Build-Up for 2,168 SF
Gross rent
$50.7K $23.40/SF
− Vacancy
−$2.3K −$1.05/SF
EGI
$48.4K $22.35/SF
− OpEx
−$12.1K −$5.59/SF
NOI
$36.3K $16.76/SF
Area
Roane County, TN
Vacancy
4.50%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,720
Cap Rate 7%
$519,086
Cap Rate 9%
$403,733

Alternative Uses

Best Use
Specialty Retail
$519.1K
$454.2K – $605.6K (±1% cap)
NOI $36,336 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$537.0K
$469.9K – $626.5K (±1% cap)
NOI $37,588 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Chuck's Deli Food Market

Suggested Use

Top Pick Dental Office Real Estate Agency Bakery Storage Facility (Bike/Boat/Book/etc) Store Building Supply

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

312
Businesses Nearby
26k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Dining 38%
SONIC Drive In Dining
8,853 visits/mo 0.3 miles
Dollar General Shops & Services
7,382 visits/mo 0.2 miles
Chase Bank Shops & Services
4,477 visits/mo 0.5 miles
Citgo Shops & Services
3,698 visits/mo 0.2 miles
Domino's Pizza Dining
977 visits/mo 0.2 miles

Demographics for 37748, TN

17,227
Population
8,208
Households
2.1
Avg Household Size
45
Median Age
20%
College-Educated
87%
High-School Grad
106.6 sq mi
ZIP Area
162
Density / Sq Mi
$58,649
Median Household Income
$40,155
Median Earnings
$760
Median Rent
$173,600
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 - Fully equipped restaurant with updated building improvements and a commercial kitchen ready for immediate operation.
Where is this conventional restaurant located?
The property is located at 836 UNAKA ST Harriman, TN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Chuck's Deli established in 1978; restaurant is fully equipped and ready for immediate operation; Building updated in 2018, including roof replacement in 2018; Fully equipped commercial kitchen included with the sale (restaurant equipment included)
(865) 603-7230 Call to check price and availability
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