1331 Highway 100 - Restaurant FOR SALE


Centerville, TN 37033
$1,895,000 USD
615-327-4800
1331 Highway 100, Centerville, TN for Sale
$1,895,000 USD
Restaurant - FOR SALE
1/19
null | Request Cap Rate

1331 Highway 100
Centerville, TN 37033


OVERVIEW

The 30 year successful, profitable & beloved Homestead restaurant (serving 3 meals a day) is located at a corner lot on the busy Highway 100, an east-west connector through Middle Tennessee. It is located just east of Centerville, one of many towns west of Nashville that are becoming bedroom communities, with surrounding land values expected to continue to appreciate. The 6.7 acre property is being sold with the real estate, three buildings, and the business. Contact Jim Shaub at TN Bus Brokers/Fridrich&Clark (615-988-0518) www.jimshaub.com, to obtain an NDA Agreement in order to receive the financial & operating information for the business. Owner is retiring and will not sell the land and restaurant business separately. This property & location are primed for additional development including a possible retail center and mini-storage warehouse. The owner sold a corner of the property to Dollar General, who built a DG Market several years ago. A new bank has opened across the street.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$460 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.74 AC

LAND SF

293,594 SF

ZONING

C-1

APN/PARCEL ID

084-085.00

ASK ABOUT THIS PROPERTY

Jim ShaubFridrich & Clark Realty, LLCMore Info
615-327-4800

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Jim ShaubFridrich & Clark Realty, LLCMore Info
615-327-4800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.