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Property profile & analytics
OFF-MARKET Estimated value $805,000
Turn key restaurants

388 Yarbro Hbr Dr Decaturville, TN 38329-5419

3,200 SF 2.64 ac lot Built 2002
Entity Owned Free & Clear
Property ID
US80-0693597
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2002
Total area 3,200 SF
Lot 2.64 ac (114,998 SF)
APN 020076B C 01900
UPID US80-0693597
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
  • Tennessee River Marina Marina
  • Fisherdale Tea Room Garden Restaurant Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$810k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$805k
Owner & transaction history
Bank Of Franke Wing
Bank Of Franke Wing
since 2025
Last sale
$800,000
6 recorded transactions
2025
$792,121
2022
$360,000
2022
$800,000
1994
$206,500
1991
$140,000
1991
$140,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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