506 Main St, Waverly, TN 37185
This exceptional 1,200 square foot retail property, located at 506 W Main St in Waverly, TN, presents a unique investment opportunity for discerning entrepreneurs. Situated on a highly visible 0.38-acre lot directly on Main Street, this established restaurant enjoys a prominent location and consistent customer traffic. Currently operating as the popular "Momma's Table," the business demonstrates the property's proven potential for success. The building is fully equipped and ready for immediate operation, minimizing start-up costs and maximizing return on investment. The restaurant features both indoor and outdoor dining areas, catering to a wide range of customer preferences. A large paved parking area ensures ample space for patrons. This turnkey operation offers a seamless transition for new owners, allowing them to capitalize on an existing loyal customer base and established reputation. The property is priced at $249,900, and owner financing options may be available, making this an even more attractive proposition. Don't miss this chance to own a thriving business in a desirable location. This is a rare opportunity to acquire a well-established restaurant with significant upside potential. The property's prime location and existing infrastructure provide a solid foundation for continued success.
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Mama's Lil Bakery Bakery Specialty Food Shop
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Mama's Table Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.