85 Tennessee Ave Parsons, TN 38363
This 1,200 sq ft retail space in Parsons, TN, at 85 Tennessee Ave N, presents a unique investment opportunity. Currently operating as a successful restaurant and bait shop for nearly nine years, this established business boasts high traffic volume and includes all equipment. The property features two enclosed carports, one with a rolling door, offering versatile storage or additional sales space. Imagine a farmers market, selling plants, or any number of retail ventures. The possibilities are extensive. A small storage shed is also included, adding to the property's functionality. The asking price is $169,900. This turnkey operation is ideally situated for continued success or adaptation to a new business model. The high-traffic location ensures excellent visibility and accessibility for customers. The existing infrastructure and equipment provide a solid foundation for immediate operation, minimizing start-up costs and maximizing return on investment. This property offers a rare blend of established business and adaptable space, making it an exceptional opportunity for a savvy investor. Don't miss this chance to acquire a thriving business and prime retail location in a high-demand area.
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Bait An Twine Snacks Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.