7386 Mt Carmel Rd Rd Decaturville, TN 38329
This Decaturville, TN property offers a unique investment opportunity. The 6,500 square foot building, constructed in 2002, sits on a spacious 1.38-acre lot (60,112.8 sq ft) and features a thriving restaurant, bar, and convenience store. The diverse business model includes a menu ranging from smash burgers to Chicago-style pizza, a lively bar with karaoke nights, and a recently added 400 sq ft billiards room ideal for events. Adding to the income potential are two 1,000 sq ft, two-bedroom, one-bathroom apartments with mini-kitchens located upstairs, perfect for short-term rentals given their proximity to the Tennessee River and Whites Creek. The property boasts ample parking and is conveniently located just one mile from the river, attracting both local and tourist clientele. The two-story building offers significant expansion potential within its existing footprint. Asking price is $750,000.
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
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Property description
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No recorded transactions found for this property.
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Risks
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