1101 Reelfoot Ave Union City, TN 38261
Prime Restaurant Space, High Traffic Area.
Property size:
3,854 SFProperty Features for 1101 Reelfoot Ave
General Information
- Property type
- Restaurants
- Square Feet
- 3,854 SF
Building Details
- Buildings
- 1
- Stories
- 1
Listing Agency: Carpenter Real Estate Co., Inc. Listing Agent: Bob Carpenter
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional commercial property, located at 1101 W. Reelfoot Ave in Union City, Tennessee, presents a unique investment opportunity. The 3,854 square foot building sits on a commercially zoned lot (APN: 059 011.01) and is priced at $475,000, or $123.25 per square foot. The single-story structure offers significant potential for a restaurant owner/user. The property boasts a prime location with high visibility and traffic, experiencing an estimated 28,000 vehicles per day. While previously damaged by fire, this presents a chance to rebuild and create a modern, functional restaurant space. The property's zoning is Commercial, allowing for a variety of uses. The building's size and location make it an ideal candidate for a thriving restaurant business. Serious inquiries are encouraged to explore the possibilities of this high-traffic, high-potential commercial property in Obion County, Tennessee, zip code 38261. The property is ready for redevelopment and offers a strong return on investment for the right buyer. This is a rare opportunity to acquire a well-situated commercial property in a growing area.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Applebee's Grill + Bar
Restaurant
Location Insight
- Map
- Local Demand
- City
- Union City
- County
- Obion
- State
- Tennessee
- Longitude
- -89.0702901
- Latitude
- 36.4165554
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Prime Restaurant Space, High Traffic Area.
Where is this restaurant located?
The property is located at 1101 Reelfoot Ave Union City, TN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 3,854 SF building on a commercially zoned lot in Union City, TN (APN: 059 011.01).; Priced at $475,000 ($123.25/SF).; High-visibility location with approx. 28,000 vehicles per day.