Beau Beach, MBA, CCIM presents:
$100,000 price reduction to ensure a timely sale…
First time available in 66 years…
Freestanding restaurant on Smyrna’s main corridor in one of the fastest-growing submarkets in Middle Tennessee. Also zoned for retail and office uses.
There are very few restaurant buildings in Smyrna…this is your chance to get into this booming market.
618 S Lowry is a 3,404 SF building on 0.47 acres, built in 1960, with an oversized private parking lot and wheelchair accessibility. Parking lot can be expanded further to the South. Shared, private sewer line.
Zoned C-3, this long-time restaurant has great bones and is ready for your update…be creative! Save 40% on construction costs, on average, when you start from a second generation restaurant space!
The building housed the legendary Omni Hut Polynesian restaurant for decades and most recently operated as The Tasting Room, an upscale wine bar and small-plates concept, so it’s had continuous food-and-beverage use with the buildout and hood infrastructure that implies.
Seller Financing
Avoid all the bank headaches! For qualified buyers, seller will provide Seller Financing. 15% down, 6.5% interest, monthly interest-only payment of $4,600. Personal guarantee required.
New to seller financing and want to learn more?: Skip the Bank: Why Buyers Prefer Seller Financing
Floor Plan
Abundant Parking
Striping the parking lot could result in up to 30 parking spaces.
Corridor Momentum
20,000–29,000 vehicles per day on the S Lowry corridor.
South Lowry Street (US-41/SR-1) is Smyrna’s main commercial spine, and the state is actively investing in it.
TDOT’s Lowry Street improvement project…relieving congestion at key intersections and enhancing connectivity…is expected to be completed in 2026, meaning a buyer inherits the upgraded corridor without the construction pain.
The Town has also launched a multi-phase project to rehabilitate Lowry Street with sidewalks, landscaping, and crosswalks, starting with the downtown core.
Market Fundamentals
Smyrna jumped from under 40,000 people in 2010 to over 53,000 in 2020, with projections putting the population near 65,000 today…in Rutherford County, one of the fastest-growing counties in the country.
Add the Nissan plant employment base and new industrial momentum like Cornerstone Business Park, a 152-acre, 1.8 million SF industrial park that broke ground in Smyrna.
Zoning
Zoned for retail, office, restaurant and more. If you’re unsure if your business is permitted – just ask us.
Permitted uses:
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- Food and beverage services
- Convenience retail sales and services
- Consumer repair services
- Entertainment and amusement services
- Financial, insurance, real estate, and consulting services
- General business services
- General personal services
- General retail trade
- Professional services – medical and non-medical
- Religious facilities
- Cultural and recreational services
- Building materials and farm equipment sales
- Contract construction services (no outdoor storage)
- Animal care and veterinarian services
- Hotels and motels
- Education facilities
- Health care facilities
- Day care centers
- Family and group care facilities
- Nursing homes
- Retail sales of alcoholic beverages (but not liquor stores)
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Buyer to receive $5,000 Convenience Credit
Buyer will receive a $5,000 credit at closing if our brokerage manages the entire transaction. We must prepare all the paperwork.
Call Beau at 615-200-9330 or email Beau@Beachwood.ai with all questions.
- Price: $999,000 ($293/SF)
- Area: .47 acres
- Phone Number: 615-200-9330
- Space (s.f.): 3,404 SF