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    Historic Furnished Restaurant Building
    Updated: Jun 9
    Historic Furnished Restaurant Building

    1704 Tennessee 138, Mercer, TN 38392

    $330,000
    4,000 sqft
    4,000 square feet of commercial building area
    Constructed in 1920 with brick exterior construction
    Furnishings included for restaurant use
    Central heating and central air conditioning
    Upper level identified for potential apartment or Airbnb use
    View details
    Historic Restaurant Building with Furnishings
    Updated: Jun 9
    Historic Restaurant Building with Furnishings

    1704 Highway 138, Mercer, TN 38392

    $330,000
    4,000 sqft
    4,000‑hsf historic restaurant building
    Restaurant furnishings included with the sale
    Upper level described for apartment or short‑term rental use
    Located at 1704 Highway 138 in Mercer, TN
    View details
    See hot listings in Mercer

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Mercer, 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.

    Restaurant Property with Ponds
    Restaurant Property with Ponds

    850 Riverside Drive, Jackson, TN 38301

    $299,900
    2,516 sqft 8.90 AC lot

    Includes a full-scale kitchen, industrial exhaust system, dining space, and a covered deck.

    View details
    Restaurant Property with New Roof
    Restaurant Property with New Roof

    471 N Dupree Avenue, Brownsville, TN 38012

    $459,900
    2,624 sqft 0.51 AC lot

    Existing restaurant improvements occupy a 0.51-acre Brownsville parcel with updated HVAC and public water and sewer service.

    View details
    Restaurant Building with Commercial Kitchen
    Restaurant Building with Commercial Kitchen

    850 Riverside Dr, Jackson, TN 38301

    $299,900
    2,516 sqft 8.90 AC lot

    The site includes a second building, a substantial parking area, and two ponds.

    View details
    Restaurant Building Near Interstate 40
    Restaurant Building Near Interstate 40

    2519 Anderson Ave, Brownsville, TN 38012

    Contact for pricing
    3,753 sqft 1.20 AC lot

    Freestanding 3,753 SF restaurant on 1.2 acres for sale.

    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.

    Commercial Land Tract
    Commercial Land Tract

    W Interstate 40 Expressway, Jackson, TN 38301

    $6,000,000
    80.00 AC lot

    Approved B-5 zoning and inclusion in the Martindale Development Plan define the property’s commercial planning framework.

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    High-Frontage Office Building
    High-Frontage Office Building

    1629 S Highland Avenue, Jackson, TN 38301

    $999,900
    5,670 sqft 2.50 AC lot

    Commercially zoned office property with public water and sewer serving a 2.5-acre site.

    View details
    Mixed-Use Development Land
    Mixed-Use Development Land

    0 - N Highway 45 Bypass Frontage, Jackson, TN 38305

    $561,924
    1.29 AC lot

    Mixed-use land accommodates retail, dining, medical, office, and housing uses, with water available.

    View details
    Paved Commercial Land
    Paved Commercial Land

    1404 E Chester Street, Jackson, TN 38301

    Contact for pricing
    0.49 AC lot

    Paved commercial site with water available and exposure at a traffic signal.

    View details

    Mercer, TN Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Mercer, TN on our real estate platform. These investment opportunities span a total of 8,000 square feet of properties for sale, with an estimated market value of $660,000.

    Sale prices for restaurant properties in Mercer, TN average $330,000 — 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

    Conventional restaurants 2

    Demographics Overview

    Population 736
    Population Growth (5Y) +24.1%
    Median Household Income $52,188
    College Educated 21.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    38392 $330K

    Taxes & Financing

    Tax Rate (average for all types) 1.87%
    Property Tax per SF $46.88 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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