370 Tennessee 304 Decatur, TN $ 795,000
370 Tennessee 304
$ 795,000
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370 Tennessee 304

Decatur, TN, 37322
$ 795,000
Bedrooms-- Baths-- Sq 4,080

Monthly Estimate*

$ 5,020

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Commercial Property for sale in Decatur, TN

for $795,000. This 4,080 square foot building was built in 1973 on a lot size of 0.95.

Turn-Key Investment Opportunity - Established Sports Bar & Grill, General Store & Income-Producing Apartment Near Watts Bar Lake Have you ever dreamed of owning a thriving sports bar in East Tennessee? Here's your chance. Pleasure Isle has been a beloved community destination for more than 20 years and was recently revitalized into a successful sports bar, restaurant, and local gathering place. Located near beautiful Watts Bar Lake, this fully operational business is being offered as a true turn-key opportunity, including equipment, inventory, and additional income-producing living quarters. The 2,400-square-foot commercial building features a fully equipped sports bar, kitchen, general store, indoor and outdoor seating, updated electrical and plumbing systems, security system, paved parking, and multiple coolers and food service stations. Everything needed to continue operations is included, allowing a new owner to step in and start generating revenue immediately. Adding to the value are two detached apartment units totaling 1,680 square feet. One finished 2-bedroom, 1-bath apartment is currently rented for $1,000 per month, providing immediate rental income, while the second unit offers additional storage or future renovation potential. Property Highlights: Established sports bar and grill with loyal customer base General store and retail component Prime location near Watts Bar Lake 2,400 SF commercial building Fully equipped kitchen and bar included Updated wiring, plumbing, and 400-amp electrical service Indoor and outdoor seating areas Security system and paved parking Additional detached apartment currently generating $1,000/month Inventory included Turn-key operation ready for immediate ownership Whether you're an investor, entrepreneur, or owner-operator seeking a live-work opportunity, Pleasure Isle offers multiple income streams and significant upside potential in one of East Tennessee's most desirable recreational areas.

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Commercial Active

Price

$ 795,000

Property Type

Commercial

Taxes

$ 833

Style

Lot Size

0.95

Year Built

1973

Town/City

Decatur

County/Region

Meigs

MLS | Web ID

20262870

Features
General
Living Area 4080
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Water Connected Electricity Connected Cable Connected
Possession Negotiable
Roof Metal Pitched
Appliances Other See Remarks Electric Cooktop Electric Oven Electric Range Freezer Indoor Grill Induction Cooktop Microwave Refrigerator
Zoning Commercial
Security Features 24 Hour Security Fire Alarm
Construction Materials Aluminum Siding Wood Siding
Year Built 1973
Electric 200+ Amp Service 220 Volts in Kitchen
Property Subtype Business
Business Type Restaurant Food & Beverage Convenience Store Bar/Tavern/Lounge
Accessibility Accessible Common Area Accessible Entrance
County Meigs
New Construction false
Property Type Commercial Sale
Building Features Storage Public Restrooms Pole Sign Living Space Available Security System Delivery Door Fixtures Included Furniture Included Ground Level Door High Speed Internet Inventory Included
Status Active
Directions From Highway 68 headed West make a right on State Highway 304 The Sports Bar will be on your right on the corner of State Highway 304 and Peakland Rd. No Sign on property.
High School Meigs County
City Decatur
Body of Water Watts Bar
Lot Size Units Acres
Lot Size Square Feet 41382
Listing Terms Cash Conventional
Elementary School Meigs North
Tax Annual Amount 833.44
Middle/Junior High School Meigs County
Property Condition Functional Updated/Remodeled
Virtual Tour https://youtube.com/shorts/bC-dESrEMzU
Structure Type Free Standing Building
Standard Status Active
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Interior
Interior Amenities Wired for Sound Wired for Data Open Floorplan High Speed Internet High Ceilings Bar Cathedral Ceiling(s) Ceiling Fan(s)
Flooring Concrete
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Fencing None
Parking Features Parking Lot Asphalt
Lot Features Level Corner Lot
Water Source Public
Total Parking 20
Lot Size Area 0.95
Foundation Details Slab
Lot Size Acres 0.95
Road Surface Type Asphalt Paved
Waterfront Y/N false
Road Frontage Type Highway
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Melody McNeill

Listing Agent

Century 21 Legacy

Broker

Melody@tn-property.com

Email

Affordability Calculator

$5,089
Per Month
99%
1%
0%
Monthly Principal & Interest
$5,020
Monthly Property Taxes
$69
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1937770 Elementary School
1937783 Middle School
Meigs County High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$795,000 -8.61% Price Down
6/2/2026$869,900 Listed Price

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370 Tennessee 304, Decatur, TN, 37322 is a Commercial Property for sale at $795,000 with 4,080 sqft and a lot size of 0.95. 370 Tennessee 304 was built in 1973. The property's zip code is 37322 which is in Decatur, TN