370 Tennessee 304
Decatur, TN, 37322 $ 654,000
Bedrooms-- Baths-- Sq 4,080 Monthly Estimate*
$ 4,129
for $654,000. 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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FeaturesGeneralPossession Negotiable
Roof Metal
Zoning Commercial
Security Features Fire Alarm
Year Built 1973
Property Subtype Office
County Meigs County TN
Property Type Commercial Sale
Contingency Financing
Status Under Contract - Not Showing
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.
City Decatur
Lot Size Units Acres
Property Attached Y/N N
Virtual Tour https://youtube.com/shorts/bC-dESrEMzU
Building Area Units Square Feet
Standard Status Pending
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ExteriorTotal Parking 0
Lot Size Area 0.95
Building Area Total 4080
Lot Size Acres 0.95
Waterfront Y/N N
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InteriorAir Conditioning Y/N N
Heating Y/N N
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* Excluded FeaturesList Bymelody@tn-property.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,129
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbyCommerical listings in Decatur, TN
Average List Price $573,438
Percent of Sale Price 12%
About Decatur, TN 1,669 Population
15% Since 2002
$ 38,416 Median Income
43.83 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/3/2026 | $654,000 | -17.74% | Price Down |
| 7/15/2026 | $795,000 | -8.61% | Price Down |
| 6/2/2026 | $869,900 | | Listed Price |