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Key Facts

1,152Sq Ft

1991Year Built

3.40Lot (acres)

$495,000

$695,000 · Price reduced

Active436 days on marketListed April 24, 2025

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Description

SWEET T’S FAMILY RESTAURANT on 3.4 ACRES! Nestled on a sprawling & flat 3.4 acre tract of land along busy U.S. 641 HWY, this commercial property lies in the heart of the small southern town’s industrially zoned city of Parsons! Only 11 miles to Interstate 40 exit 126 between Memphis & Nashville, the site brings in folks traveling the major highway which runs from TN to KY, as well as locals & families visiting the many TN River rural resorts that span the county North to South! Upon entry, the Old Fashioned Southern Charm & extreme Cleanliness & Friendliness of this homestyle restaurant will impress you! The modern equipment and up to date Toast point of sale system will definitely surprise you and is what makes this restaurant such an appealing investment! The restaurant boasts new flooring, counters, shelving, paint, beautiful refurbished exterior western cedar siding, new security cameras & network systems, new equipment-2 fryers, exhaust hood fan, HVAC, tankless water heater, 2 freezers, 2 refrigerator/freezer combos, refrigerated prep station, warming/proofing oven, sonic-like ice nugget maker, drink cooler, lava stone char-broiler grill, oven/stove/griddle, large concrete pad in front for outdoor seating/parking, plumbing upgrades, all seating, dishes, silverware etc. 3 additional outbuildings provide plenty of storage space. 410’ feet of road frontage and 2 entrances from HWY 641 and with approximately only 1/3 of the acreage being utilized, there is room to expand with additional businesses at this location. Locally sourcing their meats, poultry, eggs, the business provides quality food, a different plate special daily, with homemade & divine southern desserts. Truly a Southerner’s favorite, come in and pull up a counter stool or grab a comfortable seat at one of the ample tables. Your gonna love this investment opportunity!

Property Information

Property Type

Commercial Sale

Sub-Type

Mixed Use

Year Built

1991

Living Area

1,152 sq ft

Lot Size

3.40 acres

Zoning

Industrial

Days on Market

436

MLS® Listing#

2823715

Property Features

Cooling

None

Heating

None

Roof

Metal

Financial Details

Parcel Number

043 00612 000

Directions

From intersection of I-40 and Hwy 641, 641S 11 miles to property on left.

Affordability Calculator

Home Price

Down Payment

$99,000

Interest Rate (%)

Loan Term

Estimated monthly payment

$2,635/mo

Principal $396,000 · Est. interest $552,455 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Parsons, TN

$257,143
Median Listing Price: 105
Median Days on Market: 1,410
Median Sq Ft: $167
Median Price / Sq Ft: 47
Active Listings

This home’s price is 92% above the area median.
Its price per sq ft is 157% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Parsons, TN.

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
25 Cedar Street, Parsons, TN	$349,900	3	2	—
25 Cedar St, Parsons, TN	$349,900	3	2	2,800
280 Iron Horse Trl, Parsons, TN	$374,500	2	2	1,324
280 IRON HORSE TRL, Parsons, TN	$374,500	2	—	1,324
280 Iron Horse Trail, Parsons, TN	$374,500	2	2	1,324
140 EAGLE CREST LN, Parsons, TN	$387,000	3	—	2,121

Moving Cost Estimate

Listing Courtesy: Crye-Leike Tapestry Realty LLC - 7318474663

Based on information submitted to the MLS GRID as of 2025-04-24 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2025-04-24

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