210 Lincoln St Tullahoma, TN 37388
This exceptional turnkey restaurant opportunity is located in the heart of downtown Tullahoma, Tennessee, at 210 E Lincoln St. The property, a charming 3,481 square foot building situated on a 0.36-acre lot, is housed in the historic Farrar-Jacobs house, circa 1905. This well-established business has served a loyal clientele for over 20 years, benefiting from its prime location on the Whiskey Trail between Nashville and Chattanooga. The restaurant boasts a delightful setting within the Old Town District, recognized by the Historic Preservation Society of Tullahoma, Inc. The spacious layout offers comfortable seating for 65 customers downstairs and an additional 30 customers upstairs, providing ample capacity for a thriving operation. The asking price for this profitable, fully operational restaurant is $999,500. This presents a rare chance to acquire a well-regarded business in a desirable location with significant historical significance and established customer base. The property's size and layout offer considerable potential for expansion or adaptation to suit evolving market demands. This is a truly unique opportunity for an experienced restaurateur or investor seeking a profitable and established business in a vibrant Tennessee town. The property is ready for immediate operation, minimizing start-up costs and maximizing return on investment.
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Emil's Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
C1 · Tullahoma, TNTullahoma. Always verify with local authorities before improvements.
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.