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    7386 Mount Carmel Rd Decaturville, TN 38329

    Sponsored
    For Sale
    $750,000

    Turnkey Multi-Use Business in TN

    Property size:
    6,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turnkey business opportunity in Decaturville, Tennessee, presents a unique blend of retail, dining, and entertainment ventures. The property encompasses a thriving market, a family-style restaurant offering a diverse menu (including smash burgers and Chicago-style pizza), and a lively bar featuring karaoke nights. A recently added 400-square-foot billiards room provides additional revenue potential for events and tournaments. Situated on a 1.38-acre lot with ample parking, the property also includes two 1,000-square-foot, two-bedroom, one-bathroom apartments with mini-kitchens, ideally suited for short-term rentals given their proximity to the Tennessee River and Whites Creek. The main building, constructed in 2002 and extensively renovated in 2023, boasts a total of 6,500 square feet across two stories. The property is currently operating at 100% occupancy under a net lease, offering immediate cash flow. The asking price is $750,000, representing a price per square foot of $115.38. This multi-faceted business is perfectly positioned to capitalize on both local and tourist traffic, offering a compelling investment opportunity with significant upside potential. The property is located at 7386 Mt Carmel Rd, Decaturville, TN 38329.

    Property Features for 7386 Mount Carmel Rd

    General Information

    Property type
    Restaurants
    Square Feet
    6,500 SF
    Lot Size
    60,113 SF

    Building Details

    Year Built/Renovated
    2002/2023
    Buildings
    2
    Stories
    2

    HighLights

    • Turnkey business opportunity in Decaturville, TN, combining retail, dining, and entertainment.
    • Features a restaurant (smash burgers, Chicago‑style pizza), bar with karaoke, and a new 400 sq ft billiards room.
    • 6,500 sq ft main building (2002 construction, extensively renovated 2023) on a 1.38‑acre lot with ample parking.
    • Includes two 1,000 sq ft, 2‑bed/1‑bath apartments with mini‑kitchens, ideal for short‑term rentals.
    • Currently 100% occupied under a net lease, asking price $750,000 ($115.38/sq ft).
    Property Profile Location Intelligence

    Current Use by Public Records

    J.r.s market and family ... Restaurant

    Suggested Use

    Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decaturville
    County
    Decatur
    State
    Tennessee
    Longitude
    -87.9907032
    Latitude
    35.5125794

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Multi-Use Business in TN
    Where is this restaurant located?
    The property is located at 7386 Mount Carmel Rd Decaturville, TN.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Turnkey business opportunity in Decaturville, TN, combining retail, dining, and entertainment.; Features a restaurant (smash burgers, Chicago-style pizza), bar with karaoke, and a new 400 sq ft billiards room.; 6,500 sq ft main building (2002 construction, extensively renovated 2023) on a 1.38-acre lot with ample parking.
    Request Owner's contact information
    7386 Mount Carmel Rd Decaturville, TN 38329
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    Decaturville, TN 38329
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7386 Mount Carmel Rd Decaturville, TN 38329
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