403 Main St Monteagle, TN 37356-3018
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.
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Depot Cafe Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.