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    110 Lakeview Dr Springville, TN 38256

    For Sale
    $350,000

    Turnkey Restaurant, Prime Location

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This thriving, turnkey bar and grill is situated on a half-acre lot in Springville, Tennessee, just minutes from Kentucky Lake and popular tourist attractions like Buchanan Resort and Paris Landing Marina. The 1,500 square foot building boasts inside seating for 60+ patrons, a fully equipped kitchen (grill, four fryers, two freezers, prep station), and a well-stocked bar area complete with a beer keg refrigerator, ice maker, and flat-screen TVs. All furniture (tables, chairs, bar stools) is included. A separate room offers potential for expansion as a cigar room, storage, or game area. Enjoy a spacious deck with patio seating and stunning lake views. Ample parking is available. This established business benefits from a strong local customer base and the high tourist traffic of the Kentucky Lake region. The current owners are open to assisting with the transition, and owner financing options may be available for qualified buyers. This presents a unique opportunity to own a profitable, established business in a desirable location with significant growth potential. The property is located at 110 Lakeview Dr, Springville, TN 38256. Asking price is $350,000.

    Property Features for 110 Lakeview Dr

    General Information

    Property type
    Restaurants
    Square Feet
    1,500 SF
    Lot Size
    23,958 SF

    HighLights

    • Turnkey bar and restaurant business for sale.
    • Established bar/restaurant in Springville, Tennessee.
    • Prime location near Kentucky Lake, a major tourism area.
    • 1,500 square foot building with seating for 60+.
    • Fully operational business with existing customer base.
    • 0.55‑acre lot with ample parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Locals Bar & Grill

    Suggested Use

    Restaurant Hotel & Motel Bar & Pub Bakery Travel Agency Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Springville
    County
    Henry
    State
    Tennessee
    Longitude
    -88.1094195
    Latitude
    36.4116276

    Nearby Comparable

    • $3,000,000
      21,555 SF

      Buchanan Resort: 11 Acres, Multi-Use

      Prime TN Resort: Restaurant, Motel, Cabins
      14275 Us 79, Buchanan, TN 38222
      View Details
    • $229,000
      1,596 SF

      Move-In Ready Home Near Lake

      Well-maintained home near Paris Landing State Park's launch ramp.
      126 Bonnie Ln, Buchanan, TN 38222
      View Details
    • $1,500,000
      12,038 SF

      Buchanan Mixed-Use Landmark For Sale

      Mixed-use property near Paris Landing State Park and Kentucky Lake.
      15555 Highway 79 N, Buchanan, TN 38222
      View Details

    Nearby Similar for Sale

    • $465,000
      4,340 SF

      Turn-Key Bar & Grill For Sale

      Fully operational bar and grill near Kentucky Lake.
      11180 Us-79, Springville, TN 38256
      View Details
    • $385,000
      1,344 SF

      Turn-Key Income Producing Cottages

      Two fully furnished short-term rental cottages on 5 acres.
      876 W Antioch Rd, Springville, TN 38256
      View Details
    • $239,900
      5.00 Acres

      Springville Land with Storage Units

      Land with storage units near Paris Landing State Park.
      101 Supreme Dr, Springville, TN 38256
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, Prime Location
    Where is this restaurant located?
    The property is located at 110 Lakeview Dr Springville, TN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Turnkey bar and restaurant business for sale.; Established bar/restaurant in Springville, Tennessee.; Prime location near Kentucky Lake, a major tourism area.
    Request Owner's contact information
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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
    110 Lakeview Dr Springville, TN 38256
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