7,509 SqFt
7,509 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,509 sqft
Price per Sqft $93
MLS Listing ID 9992986
HOA Y/N No
Total Fin. Sqft 7509
Year Built 1990
Lot Size 2.100 Acres
Acres 2.1
Lot Dimensions 2.1 Acres
Source Tennessee/Virginia Regional MLS
Property Description
The Opportunity: Secure a massive commercial footprint on one of Greeneville's busiest corridors at an unbeatable value. Formerly the well-known ''Homestead Family Restaurant,'' this property is a blank canvas ready for its next chapter. Whether you are looking to launch a new flagship business or develop an income-generating property, the infrastructure here is built for success.
Immediate Equity & Value
Priced to Move: This property is listed at $749,900.00, which is below the official tax appraisal. This gives investors and business owners an immediate advantage and instant equity from day one.
Massive Infrastructure: Featuring a 7,509 sq. ft. building on 2.1 level acres, you are getting substantial square footage and land at a highly competitive price point.
Location & Exposure (The ''Value'' Drivers)
Daily Traffic: Situated on the busy 11-E / West Andrew Johnson Highway, this site is seen by 15,000+ vehicles every single day according to the 2023 TDOT traffic map. In real estate, high visibility equals built-in marketing.
City Limits: Located within the city limits of beautiful Greeneville, providing easy access to city utilities and a growing local customer base.
Parking Power: With 60+ paved spaces, you have the capacity for high-volume retail, tour buses, or large events without ever running out of room.
Ready-to-Use Assets
Equipment Included: The building comes equipped with a large walk-in freezer and walk-in refrigerator, saving a new owner tens of thousands of dollars in startup costs for food service or specialized storage.
Versatile Layout: The expansive interior can easily be partitioned into offices, kept open for a retail showroom, or utilized as a grand event venue.
Future Possibilities (Pick Your Business)
This property isn't just a restaurant building--it's a versatile commercial asset. Imagine the ROI on:
Retail & Showrooms: Furniture, appliances, or a boutique shopping hub.
Professional Services: Medical clinics, corporate offices, or a modern fitness center.
Event Space: A premier wedding venue or a community meeting hall.
Hospitality: A high-volume steakhouse, family style restaurant, or buffet.
Property Specs at a Glance:
Price: $749,900.00 (Below Tax Appraisal)
Address: 3124 W Andrew Johnson Highway, Greeneville, TN 37743
Building Size: 7,509 Sq. Ft.
Land Size: 2.1 Acres
Parking: 60+ On-site Spots
Daily Cars: 15,000+ (2023 TDOT)
Bring your business and your imagination to a location that cannot be missed. This is a rare chance to acquire a large-scale property at a price that makes sense for your bottom line.
Information within taken from tax records and TDOT traffic maps online and as such is deemed reliable but is not guaranteed and must be verified by the buyer an or the buyer's agent.
R# 1944
Location
State TN
County Greene
Area 2.1
Zoning A-1
Direction From Interstate 81 take exit 23 towards Greeneville. Property located on the left see sign.
Interior
Heating Fireplace(s), Heat Pump, Natural Gas
Cooling Heat Pump
Equipment Exterior Lights, Freezer, Handicap Access, Handicap Facilities, Pole Sign, Refrigerator
Heat Source Fireplace(s), Heat Pump, Natural Gas
Exterior
Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected, Natural Gas Available
Roof Type Metal,Shingle
Road Frontage City Street, Highway
Building
Sewer Public Sewer
Water Public
Structure Type Log,Wood Siding
New Construction No
Others
Senior Community No
Tax ID 097 026.09
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Schools and Properties Nearby
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