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275 S Main St 3,956 SF 75% Leased Retail Building Lobelville, TN 37097 $400,548 CAD ($101.25 CAD/SF)

Investment Highlights
- Located along South Main Street in Lobelville, providing visibility and convenient access within the town center.
- Features a metal roof and concrete block construction, offering durability and low maintenance.
- Situated on a lot of roughly 0.53 acres, allowing for outdoor space and potential expansion.
- The property includes approximately 2,100 square feet of interior space on a single story, suitable for various uses.
- Includes off-street, with an attached garage providing additional parking capacity.
- Built in 1967 and previously renovated, with heating and basic appliances included.
Executive Summary
$290,000 for both building on the property. There are two buildings on this property of approximatley .52 acres, corner lot. The first building is a previous gas station that offers two garage bays, a retail store area that is now being used as a apartment by the current owner with a kitchen and a full bathroom. The second building is a manufactured trailer that has been used as a BBQ restaurant in the past but has been closed for over one year. This restaurant comes with all furniture, fixtures and equipment to operate the restaurant business including a smoker grill on the back screened in porch. There is plenty of room for parking on the property. The owner will allow a short term lease for the restuarant portion of the property, although they would like to sell the entire parcel and both buildings at once if possible. This is a great main drive especially in the summer for people headed to the river, and also in the fall-winter for hunters in the area! There has been a recent price reduction, the owner is ready to sell.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,956 SF
Building Class
C
Year Built/Renovated
1967/2015
Price
$400,548 CAD
Price Per SF
$101.25 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.53 AC
Zoning
CMU - Commercial Mixed Use
Amenities
- Restaurant
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,000 SF
- Restaurant
- Outparcel
- Mar 2026
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,000 SF | Restaurant | Outparcel | Mar 2026 |
1st Floor
| Size |
| 1,000 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| Mar 2026 |
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 019P-B-012.00 | Improvements Assessment | $8,444 CAD |
| Land Assessment | $13,901 CAD | Total Assessment | $22,345 CAD |
Property Taxes
Parcel Number
019P-B-012.00
Land Assessment
$13,901 CAD
Improvements Assessment
$8,444 CAD
Total Assessment
$22,345 CAD
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275 S Main St
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