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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1605 Parkway Jackson, TN 38301

1,460 SF Built 1988
Property ID
Property summary
AI-generated overview

This exceptional turn-key restaurant opportunity in Jackson, Tennessee, presents a rare chance to acquire a thriving business. Located at 1605 N Parkway, this 1,460 square foot establishment sits on a spacious 28,749.6 square foot lot. Built in 1988, the single-story building is exceptionally well-maintained and has undergone significant upgrades. The sale includes all contents, ensuring a seamless transition for the new owner. This means all tables, chairs, four televisions, coolers, and all cooking equipment remain with the property. A separate storage building is also included. The property's convenient location near Jackson State Community College (JSCC) guarantees a steady stream of customers. All aspects of the business are fully compliant with Tennessee state codes, eliminating any concerns regarding regulatory compliance. The asking price for this complete package is $475,000. This is a fantastic opportunity for an experienced restaurateur or a savvy investor looking for a profitable, established business in a prime location. Don't miss out on this exceptional chance to own a successful and well-equipped restaurant.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1988
Total area 1,460 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
  • One Five Bar and Grill Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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