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Property profile & analytics
OFF-MARKET Estimated value $2,350,000
Turn key restaurants

817 Interstate Dr Manchester, TN 37355-3105

10,444 SF 1.5 ac lot Built 1977
Individually Owned Free & Clear
Property ID
US80-3155290
Property summary
AI-generated overview

Exceptional investment opportunity awaits with this fully remodeled restaurant and bar located at 817 Interstate Dr, Manchester, TN 37355. This 10,302 square foot, two-story establishment sits on a 1.5-acre lot and boasts a prime location on I-24, centrally positioned between Nashville and Chattanooga. Built in 1977 and extensively renovated in 2020, the property offers high visibility and significant traffic due to its proximity to I-24 exits 110 and 111. The interior features multiple bar areas and ample seating, catering to a diverse clientele. The property also includes multiple outdoor decks and seating areas, ideal for enjoying the Tennessee climate. Some kitchen equipment is included in the sale. The asking price is $1,000,000, translating to $97.07 per square foot. The property is zoned for commercial use and presents a rare opportunity for a thriving hospitality business. All offers will be considered. Don't miss this chance to own a well-established, high-traffic restaurant and bar in a rapidly growing area.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1977
Total area 10,444 SF
Lot 1.5 ac (65,340 SF)
Zoning code C2
APN 016067 10304
UPID US80-3155290
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.35M
Owner & transaction history
Kevin Greenwood
Kevin Greenwood
since 2026
Last sale
$2.4M
7 recorded transactions
2026
Price N/A
2026
$650,000
2024
Price N/A
2024
Price N/A
2020
$2.4M
2015
$290,000
2012
$250,000
Zoning & alternative use
C2 · Manchester, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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