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    231 Cedar Ave South Pittsburg, TN 37380

    For Sale
    $450,000

    Turnkey Bakery, High Traffic Area, Excellent Condition

    Property size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1,000 square foot retail property, located at 231 S Cedar Ave in South Pittsburg, Tennessee, is a thriving bakery business for sale. The building, constructed in 1900 and extensively renovated in 2021, is situated in a high-traffic area, benefiting from its proximity to I-24 (Exit 152) and US Hwy 72. South Pittsburg's location makes it easily accessible to a large customer base, further enhanced by its hosting of the annual National Cornbread Festival, attracting over 20,000 visitors each April. The property is zoned for commercial use and includes a significant amount of equipment (list available). Currently operating as a successful bakery, this turnkey operation offers a unique opportunity for a new owner to step into an established business with a loyal customer base. Showings are available after hours to accommodate the business's operational schedule. The asking price is $450,000, representing a price per square foot of $450. This single-story building presents a compelling investment opportunity in a vibrant and growing community. The sale includes all existing equipment.

    Property Features for 231 Cedar Ave

    General Information

    Property type
    Restaurants
    Square Feet
    1,000 SF

    Building Details

    Year Built/Renovated
    1900/2021
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $450,000 asking price for this 1,000 square foot retail restaurant.
    • Located at 231 S Cedar Ave, South Pittsburg, TN 37380.
    • 1900 construction, renovated in 2021.
    • High‑traffic location near I‑24 and US Hwy 72.
    • Includes equipment (list available).
    • Broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alessandro's Italian Artisan ... Bakery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    South Pittsburg
    County
    Marion
    State
    Tennessee
    Longitude
    -85.704702173719
    Latitude
    35.012628032288

    Nearby Comparable

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    Nearby Similar for Sale

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    • New
      $369,900
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      Renovated Duplex with Garage/Workshop

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Bakery, High Traffic Area, Excellent Condition
    Where is this restaurant located?
    The property is located at 231 Cedar Ave South Pittsburg, TN.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: $450,000 asking price for this 1,000 square foot retail restaurant.; Located at 231 S Cedar Ave, South Pittsburg, TN 37380.; 1900 construction, renovated in 2021.
    Request Owner's contact information
    231 Cedar Ave South Pittsburg, TN 37380
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    South Pittsburg, TN 37380
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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
    231 Cedar Ave South Pittsburg, TN 37380
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