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Listing Details

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3124 West Andrew Johnson Highway

Greeneville TN 37743
MLS #9992986 · Listing Courtesy of REMAX Checkmate, Inc. Realtors
$699,999
Active
7,509
Sq Ft
2.1
Acres
1990
Built
Property Description
High-Visibility Investment Opportunity Priced Below Tax Appraisal 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
Property Facts
Property TypeCommercial Sale
MLS Number9992986
City Taxes$5,555.59
County Taxes$5,337.22
Features & Amenities
Aerial
Average Condition
Cable Available
City Street
Electricity Connected
Exterior Lights
Fee Simple
Fireplace Heating
Freezer
Handicap Access
Handicap Facilities
Heat Pump
Highway
Infrastructure In
Log Exterior
Metal Roof
Natural Gas Available
Natural Gas Heating
Phone Available
Pole Sign
Public Sewer
Public Water
Refrigerator
Sewer Connected
Shingle Roof
Vacant
Water Connected
Wood Siding Exterior
Directions
From Interstate 81 take exit 23 towards Greeneville. Property located on the left see sign.
  • Additional Information
    Contract Info
    ForeclosureNo
    Electric Service
    See RemarksYes
    General Property Description
    # Parking Spaces60
    # Restrooms4
    Annual Lease0
    HOANo
    LeaseNo
    Lot Size2.1 Acres
    Road Frontage Length252
    Total Finished SqFt7,509
    Unfinished SqFt0
    ZoningA-1
    Location Tax Legal Info
    Deed Book #665A
    Deed Page #1,252
    Lot #2
    Restrictions
    See RemarksYes
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