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    Mercer, TN
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    Mercer, TN Restaurants for Sale

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    Historic Restaurant Building
    Updated: Jun 9
    Historic Restaurant Building

    1704 Tennessee 138, Mercer, TN 38392

    $340,000
    4,000 sqft
    Historic 4,000 SF building (brick construction) built in 1920
    Fully furnished and set up for restaurant startup
    Central heating and central air
    Roofing includes rubber roof
    Public water and septic tank sewer service
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    This listing looks promising.

    Here's a quick look at some key insights for

    1704 Tennessee 138, Mercer, TN 38392

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Mortgage

      $32K
      Nov 1996

    • Last Sold

      Dec 2018
      $30K

    • Property Type

      Retail Stores
      Built 1920
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Drive-Through Restaurant on Corner Lot
    Drive-Through Restaurant on Corner Lot

    1291 S Highland Avenue, Jackson, TN 38301

    $575,000
    1,402 sqft 0.71 AC lot

    Drive-thru restaurant for sale with a corner lot, metal roofing, and included fixtures and equipment.

    View details
    Office Building with Multiple Entrances
    Office Building with Multiple Entrances

    403 E Baltimore Street, Jackson, TN 38301

    $475,000
    7,201 sqft 0.88 AC lot

    Downtown Jackson office building with three separate entrances and a detached 3-bay garage.

    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
    Freestanding Restaurant Building For Sale
    Freestanding Restaurant Building For Sale

    2519 Anderson Rd, Brownsville, TN 38012

    $550,000
    3,753 sqft

    Freestanding restaurant building on Anderson Ave, Brownsville, Tennessee.

    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.

    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    W Interstate 40 Expressway, Jackson, TN 38301

    $6,000,000
    80.00 AC lot

    80 acres of B-5 zoned land in Jackson, Tennessee.

    View details
    Bolivar, TN Land For Sale
    Bolivar, TN Land For Sale

    08 64 Hwy, Bolivar, TN 38008

    $755,500
    30.22 AC lot

    30.22 acre commercial land with highway frontage in Bolivar.

    View details
    Highway Frontage Land For Sale
    Highway Frontage Land For Sale

    04 64 Hwy, Bolivar, TN 38008

    $280,000
    2.50 AC lot

    2.5 acre commercial land with highway frontage in Bolivar.

    View details
    Highway Frontage Land For Sale
    Highway Frontage Land For Sale

    05 64 Hwy, Bolivar, TN 38008

    $456,960
    4.08 AC lot

    4.08 acre commercial land with highway frontage in Bolivar, TN.

    View details

    Mercer, TN Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Mercer, TN on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $350,000.

    Sale prices for restaurant properties in Mercer, TN start at $350,000, averaging $350,000, and reaching up to $350,000 — 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 1

    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 $350K

    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)

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