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880 S Jefferson Ave
Cookeville, TN 38501
$1 Auction - REIT SALE | Former Shoney’s · Retail Property For Sale
Investment Highlights
- ABSOLUTE $1 AUCTION | Former Shoney’s | 22K VPD | 2.36 Acres | AUCTION MAY 5-7, 2025
- 22,369 VPD Traffic Count Frontage and Visibility on S Jefferson Ave | Direct Access to I-40 (52K VPD)
- Surrounding Traffic Generators: Best Western, Home Suites, Super 8, Sam’s Club, Kroger, Aldi, Days Inn, Red Roof, Hampton Inn, Holiday Inn Express
- Freestanding Former Restaurant on Large 2.36 Acre Site Available at Significant Discount Below Replacement Cost
- Located in Prime Retail/Restaurant Hub Adjacent to Multiple Hotels and Shadow Anchored by Walmart and Lowe’s
- Zoned CG, General Commercial District with a Variety of Permitted Uses
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,009 SF
Building Class
C
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.36 AC
Zoning
C-3 - Commercial
Parking
78 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Restaurant
- Signage
Property Taxes
| Parcel Number | 066-049.00 | Improvements Assessment | $0 |
| Land Assessment | $440,000 | Total Assessment | $440,000 |
Property Taxes
Parcel Number
066-049.00
Land Assessment
$440,000
Improvements Assessment
$0
Total Assessment
$440,000
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