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Property profile & analytics
OFF-MARKET
Mixed-use properties

331 Tennessee Ave Etowah, TN 37331

7,480 SF 0.96 ac lot Built 1971
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1971
Total area 7,480 SF
Lot 0.96 ac (41,818 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Castillo's Mexican Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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