2331 W Broad St
Cookeville, TN, 38501 $ 799,998
Bedrooms-- Baths-- Sq 4,263 Monthly Estimate*
$ 5,525
for $799,998. This 4,263 square foot building was built in 1975 on a lot size of 1.33.
LOCATION, LOCATION, LOCATION! Here is your chance to own a thriving, turn-key restaurant operation in a high-visibility, high-traffic location along Hwy 70! With more than 8,000 vehicles passing by daily, this established business offers an incredible opportunity for an entrepreneur, seasoned restaurateur, or investor ready to step into an operation with serious potential. The building is in fantastic condition, and the current owners have invested approximately three years into ownership and improvements, including a NEW ROOF, NEW AC SYSTEM, and NEW ELECTRICAL! From the moment you arrive, you'll appreciate the care and attention given to this property, allowing you to focus on the business rather than major structural upgrades. Inside, the restaurant comfortably accommodates up to 104 guests, creating an inviting atmosphere for everyday dining, special gatherings, and busy weekend crowds. The screened-in back porch adds valuable appeal and provides additional space for customers to relax and enjoy their dining experience. Friday nights are the busiest, showcasing the strong customer draw and potential this operation offers. According to the seller, the restaurant averages approximately $80,000 in monthly revenue, making this an opportunity that deserves your immediate attention! Whether you're looking to expand your restaurant portfolio, launch your next business venture, or step into an established operation with a proven customer base, this property deserves a spot at the top of your list. Conveniently located just 8 minutes from Baxter, 10 minutes from Downtown Cookeville, and a little over an hour from BNA, the location offers both accessibility and exposure. Opportunities like this don't come around every day! Don't let this one pass you by. Schedule your private showing today and discover the possibilities waiting for you! Buyer to verify all business financials, traffic counts, and pertinent information during due diligence.
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FeaturesGeneralConstruction Frame
Heating Electric Central
Cooling Central Air
Possession AtClosing
Roof Metal
Parking Assigned Paved
Extras Fire Alarm High Traffic Location High Visibility Highway Access Restaurant Restrooms Smoke Detectors
Water Supply Public
County Putnam
Levels 1
Status Active
Area Cookeville NW TN
Directions From PCCH: go W on W Spring St go straight to merge on US-70N W / W Broad St business will be on your R! No real estate sign.
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* Excluded FeaturesList ByElijah CastelliListing Agent
Elevate Real EstateBroker
elijah@teamcastelli.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,525
- Monthly Property Taxes
- $262
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 Cookeville, TN
Average List Price $1,359,632
Percent of Sale Price 70%
About Cookeville, TN 34,622 Population
26% Since 2002
$ 32,518 Median Income
32.5 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2633377 Elementary School
2633378 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/23/2026 | $799,998 | | Listed Price |