331 Tennessee Ave Etowah, TN 37331
This exceptional mixed-use property in Etowah, Tennessee presents a unique investment opportunity. Located at 331 N Tennessee Avenue, the 7,480 square foot building sits on a 0.96-acre lot and is currently operating as a successful Mexican restaurant. The sale includes the building and all necessary equipment for a seamless transition, making this a true turnkey operation. The restaurant boasts a loyal customer base and a proven history of profitability, providing immediate revenue potential for the new owner. Beyond the established restaurant, the expansive space offers significant versatility. Ample room allows for increased seating capacity, the hosting of private events, or even expansion into additional revenue streams. The layout is adaptable to various business concepts, allowing for creative entrepreneurs to implement their own vision. This high-traffic location ensures consistent customer flow, maximizing the potential for success. The property's size and location make it an ideal investment for those seeking a profitable, established business with significant growth potential. Priced at $399,000, this opportunity is not to be missed. The property is ready for immediate occupancy and offers a chance to own a cornerstone of the Etowah community.
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Castillo's Mexican Restaurant 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
Similar Nearby for Lease
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.