388 Yarbro Hbr Dr Decaturville, TN 38329-5419
This exceptional mixed-use property, located at 388 Yarbro Harbor Dr, Decaturville, TN, presents a unique investment opportunity. The established Tennessee River Marina boasts a full-service restaurant and liquor bar, situated on 2.64 acres of prime waterfront land. With a substantial 2,960 square feet of building space, the property features two kitchens, easily accommodating the 175+ seating capacity spread across the dining room, patio, deck, and bar area. A dedicated retail space adds further versatility. The property also includes a 32-foot bar, seven televisions, and ample parking. Further enhancing its income potential are two gas pumps (one at the dock and one in the parking lot), six camper and RV spots, and a 338-foot dock equipped with power. A two-bedroom, two-bathroom mobile home provides additional rental income or living quarters. The marina is a popular family-friendly destination during the day and transforms into the area's premier nightlife venue, hosting live entertainment and events every weekend. This landmark property offers significant value-add potential and is ideally positioned for continued success and growth. The asking price is $1,195,000. All offers are encouraged.
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Tennessee River Marina Marina
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Fisherdale Tea Room Garden Restaurant Cafe & Coffee Shop
Cap rate
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Comparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.