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    Lake City, TN Restaurants for Sale

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    Jacksboro, TN Clinton, TN Briceville, TN
    Former Restaurant with Drive-Thru
    $1,850,000
    5,182 SF
    Former Restaurant with Drive-Thru

    Lake City, TN 37769

    5,182 SF vacant restaurant with drive-thru and carhop bays.
    • High Traffic Count: 55,207
    • Includes FF&E (Furniture, Fixtures, and Equipment)
    • Drive‑Thru and 16 Carhop Bays
    • Located at I‑75 Interchange
    • 1.53 Acre Lot
    Updated: Aug 19, 2025
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lake City, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Restaurant with Drive-Thru
    $3,348,920
    New Restaurant with Drive-Thru

    New single-tenant restaurant with drive-thru for sale.

    6819 Maynardville Pike, Knoxville, TN 37918

    View details
    Restaurant Opportunity on Emory Road
    $1,950,000
    1,909 SF
    Restaurant Opportunity on Emory Road

    Former restaurant in growing area with high traffic counts.

    405 E Emory Rd, Powell, TN 37849

    View details
    Turn-Key Restaurant For Sale
    $2,450,000
    5,873 SF
    Turn-Key Restaurant For Sale

    Restaurant with high traffic and visibility, ready to operate.

    7535 Conner Rd, Powell, TN

    View details
    Freestanding Building with Drive-Thru
    $2,367,000
    3,776 SF
    Freestanding Building with Drive-Thru

    3776 SF freestanding building with drive-thru on 1.5 acres.

    7762 Oak Ridge Hwy, Knoxville, TN

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Rocky Top Development Land Available
    $365,000
    2.60 Acres
    Rocky Top Development Land Available

    2.6 acres near I-75, ideal for hotel development.

    Lake City, TN 37769

    View details
    Lenoir City C-3 Zoned Land
    $895,000
    500,067 SF
    Lenoir City C-3 Zoned Land

    Prime commercial land in Lenoir City with C-3 zoning.

    350 Simpson Road, Lenoir City, TN 37771

    View details
    Lenoir City Land Opportunity
    $895,000
    11.48 Acres
    Lenoir City Land Opportunity

    Residential property zoned C-3, prime location for development and investment.

    350 Simpson Rd, Lenoir City, TN 37771

    View details
    Waterfront Land on Watts Bar Lake
    $119,900
    3.63 Acres
    Waterfront Land on Watts Bar Lake

    3.6-acre waterfront property with 1,169 feet of shoreline.

    115 & 107 Riggs Chapel Rd, Harriman, TN 37748

    View details

    Lake City, TN Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Lake City, TN on our real estate platform. These investment opportunities span a total of 5,182 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for restaurant properties in Lake City, TN start at $1,850,000, averaging $1,850,000, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 1

    Demographics Overview

    Population 5,673
    Population Growth (5Y) -1.6%
    Median Household Income $51,691
    College Educated 14.9%

    High-Yield Neighborhoods for Investment

    Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37769 $1.9M

    Listings Trend

    New vs delisted commercial listings in Anderson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Anderson County

    Residential Income

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