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Property profile & analytics
OFF-MARKET
Retail space

403 Main St Monteagle, TN 37356-3018

1,118 SF 0.5 ac lot Built 1973
Entity Owned 1-yr Hold Free & Clear
Property ID
US80-1374268
Property summary
AI-generated overview

This thriving, turnkey restaurant located at 403 W Main St W, Monteagle, TN presents a unique investment opportunity. Boasting 1,118 square feet on a half-acre lot, this well-established business has served the local community for the past 10 years, building a loyal customer base. Its reputation as a breakfast hotspot is complemented by a convenient drive-through window for lunch service, ensuring consistent revenue streams. The property benefits from ample parking both in the front and rear, enhancing accessibility for customers. Strategically situated at the intersection of Hwy 41 in Monteagle and Pelham, this location ensures high visibility and convenient access for a wide customer base. Significant recent improvements include a new roof, HVAC system, freezer compressor, stove, and water heater, all installed since 2019. Interior renovations are equally impressive, featuring completely remodeled tile flooring throughout, two updated bathrooms, and fresh paint. All existing restaurant equipment is included in the sale price of $299,000, making this a truly turnkey operation ready for immediate income generation. This is a rare chance to acquire a profitable, established business with significant recent upgrades in a prime location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Total area 1,118 SF
Lot 0.5 ac (21,780 SF)
APN 058022G A 01900
UPID US80-1374268
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
  • Depot Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
High Cotton Ventures LLC · 1 yrs held
High Cotton Ventures LLC
since 2025
4 recorded transactions
2025
$260,000
2019
$89,000
2015
$1,007
2013
$71,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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