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20805 Seminary St 2,829 SF 28% Leased Flex Building Hollow Rock, TN 38342 $325,000 ($114.88/SF)

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INVESTMENT HIGHLIGHTS

  • Across From the Local Bank, Just off Sate Hwy 70.
  • All equipment and appliances are included with the sale.
  • Fully Remodeled in 2024-2025, New Hood with Fire Suppression System, installed May 2025
  • Flexible use on the property, could be retail as well a residential space

EXECUTIVE SUMMARY

Mixed use Commercial Building which includes a Diner, Event Hall, and Apartment currently utilized as an Airbnb short term rental. The building has been fully updated and is turn-key ready to operate at full capacity on the day of closing. In the diner there is a brand new Hood with Fire suppression system installed in May of 2025, the diner includes a grill, fryer vats Prep tables, Warmers, Commercial Refrigerators, all the cooking utensils + pots & pans, salad bar and dining room tables and chairs. In the event hall a new kitchen with new SS appliances, this area could also sub as additional seating for the diner and a server station, or could be a stand alone business. In the Apartment there are 2 bedrooms 1 bathroom with laundry hookups, This space has an open floor plan and has a cozy gas Fire place. Property is on .69 of an acre lot and has a large Parking lot for customers. Opportunity to Run three businesses in one building. Please call for Showing details. Agent must be present for showings. Property was appraised prior to listing. Priced Below Appraised Value! Walk with over $15,000 in Instant Equity. With an offer of $375,000 Seller will Credit Buyer with $15,000 Towards Closing Expenses.

PROPERTY FACTS

Price $325,000
Price Per SF $114.88
Sale Type Investment
Property Type
Flex
  • General Retail Bar
  • General Retail Restaurant
  • General Retail Storefront Retail/Residential
Building Class A
Lot Size 0.69 AC
Rentable Building Area 2,829 SF
No. Stories 1
Year Built/Renovated 1968/2025
Parking Ratio 10.6/1,000 SF
Zoning N/A - No Zoning in the town of Hollow Rock

AMENITIES

  • Restaurant
  • Security System
  • Wheelchair Accessible
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer - Septic Field
  • Heating

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste Unit A
  • 1,512 SF
  • Office/Retail
  • -
  • Now

All Equipment is in place and ready to use, Interior has been renovated, New hood Ventilation system installed, Commercial Grade Equipment

  • 1st Fl-Ste Unit B
  • 1,317 SF
  • Office/Retail
  • Spec Suite
  • Now

This Space has a Full Kitchen with Stainless appliances (Refrigerator and Double Oven) Private Restrooms Currently joined by Unit A which is a Restaurant, This access can be closed off if required.

Space Size Space Use Condition Available
1st Fl-Ste Unit A 1,512 SF Office/Retail - Now
1st Fl-Ste Unit B 1,317 SF Office/Retail Spec Suite Now

1st Fl-Ste Unit A

Size
1,512 SF
Space Use
Office/Retail
Condition
-
Available
Now

1st Fl-Ste Unit B

Size
1,317 SF
Space Use
Office/Retail
Condition
Spec Suite
Available
Now

1st Fl-Ste Unit A

Size 1,512 SF
Space Use Office/Retail
Condition -
Available Now

All Equipment is in place and ready to use, Interior has been renovated, New hood Ventilation system installed, Commercial Grade Equipment

1st Fl-Ste Unit B

Size 1,317 SF
Space Use Office/Retail
Condition Spec Suite
Available Now

This Space has a Full Kitchen with Stainless appliances (Refrigerator and Double Oven) Private Restrooms Currently joined by Unit A which is a Restaurant, This access can be closed off if required.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
065E-B-012.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$16,480
  • Listing ID: 36260670

  • Date on Market: 6/14/2025

  • Last Updated:

  • Address: 20805 Seminary St, Hollow Rock, TN 38342

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