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0 Baths
7,509 sqft

$649,999

3124 West Andrew Johnson Highway, Greeneville TN, 37743

Price per sqft$86.56
Built in1990
Property size7,509 sqft
Property typeCommercial

Overview

Active

Listed Mar 28, 2026

Updated 4 days ago

High-Visibility Investment Opportunity Priced Below Tax Appraisal The Opportunity: Secure a massive commercial footprint on one of Greeneville's busiest corridors at an unbeatable value. Formerly the well-known ''Homestead Family Restaurant,'' this property is a blank canvas ready for its next chapter. Whether you are looking to launch a new flagship business or develop an income-generating property, the infrastructure here is built for success. Immediate Equity & Value Priced to Move: This property is listed at $749,900.00, which is below the official tax appraisal. This gives investors and business owners an immediate advantage and instant equity from day one. Massive Infrastructure: Featuring a 7,509 sq. ft. building on 2.1 level acres, you are getting substantial square footage and land at a highly competitive price point. Location & Exposure (The ''Value'' Drivers) Daily Traffic: Situated on the busy 11-E / West Andrew Johnson Highway, this site is seen by 15,000+ vehicles every single day according to the 2023 TDOT traffic map. In real estate, high visibility equals built-in marketing. City Limits: Located within the city limits of beautiful Greeneville, providing easy access to city utilities and a growing local customer base. Parking Power: With 60+ paved spaces, you have the capacity for high-volume retail, tour buses, or large events without ever running out of room. Ready-to-Use Assets Equipment Included: The building comes equipped with a large walk-in freezer and walk-in refrigerator, saving a new owner tens of thousands of dollars in startup costs for food service or specialized storage. Versatile Layout: The expansive interior can easily be partitioned into offices, kept open for a retail showroom, or utilized as a grand event venue. Future Possibilities (Pick Your Business) This property isn't just a restaurant building--it's a versatile commercial asset. Imagine the ROI on: Retail & Showrooms: Furniture, appliances, or a boutique shopping hub. Professional Services: Medical clinics, corporate offices, or a modern fitness center. Event Space: A premier wedding venue or a community meeting hall. Hospitality: A high-volume steakhouse, family style restaurant, or buffet. Property Specs at a Glance: Price is below tax appraisal. Daily Cars: 15,000+ (2023 TDOT) Bring your business and your imagination to a location that cannot be missed. This is a rare chance to acquire a large-scale property at a price that makes sense for your bottom line. Information within taken from tax records and TDOT traffic maps online and as such is deemed reliable but is not guaranteed and must be verified by the buyer an or the buyer's agent. R# 1944

Additional information

MLS® ID
9992986

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2.1 Acres

The IDX display presents information sourced from the Tennessee / Virginia Regional Multiple Listing Service as of 10/7/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified.

©2026 Tennessee / Virginia Regional Multiple Listing Service all rights reserved.

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