Wonderful Business Opportunity! Total turn key restaurant at the 4-way stop in the heart of downtown. Close to banks, courthouse, city hall, city park, post office and many other businesses. High traffic area! Includes building & restaurant equipment OR Owner will sell just building. This would also be a prime location for any other type of business. Lots of parking for easy access. Recently renovated with NEW: ceiling, flooring, booths, breaker boxes and ductwork. Seats appx 74 people, 2 baths.
Sold for $190,000
$190,000
306 S 1st St, Union City, TN 38261
--beds
--baths
2,806sqft
Unknown
Built in 1940
-- sqft lot
$-- Zestimate®
$68/sqft
$933 Estimated rent
Home value
Not available
Estimated sales range
Not available
$933/mo
Zestimate® history
Owner options
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List your homeWhat's special
Facts & features
Interior
Heating
- Other
Cooling
- Other
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 2,806 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 1 Acres
Details
- Parcel number: 048MQ01600000
Construction
Type & style
- Home type: Unknown
Materials
- Foundation: Footing
- Roof: Built-up
Condition
- Year built: 1940
Community & HOA
Location
- Region: Union City
Financial & listing details
- Price per square foot: $68/sqft
- Tax assessed value: $135,600
- Annual tax amount: $1,537
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Sold | $190,000+171.4%$68/sqft |
Source: Public Record Report a problem | ||
| 3/1/2019 | Sold | $70,000-12.5%$25/sqft |
Source: Public Record Report a problem | ||
| 8/24/2006 | Sold | $80,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,537 +1.1% | $54,240 |
| 2024 | $1,520 | $54,240 |
| 2023 | $1,520 -3.9% | $54,240 +29.6% |
| 2022 | $1,582 +1.1% | $41,840 |
| 2021 | $1,565 +0.5% | $41,840 |
| 2020 | $1,556 | $41,840 |
| 2019 | $1,556 +73.6% | $41,840 +72.6% |
| 2018 | $897 +131.1% | $24,240 +26% |
| 2017 | $388 +22.4% | $19,240 |
| 2016 | $317 -56.5% | $19,240 |
| 2015 | $729 | $19,240 |
| 2014 | $729 | $19,240 |
Find assessor info on the county website
Neighborhood: 38261
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Nearby schools
GreatSchools rating
- 7/10Union City Middle SchoolGrades: 5-8Distance: 0.7 mi
- 7/10Union City High SchoolGrades: 9-12Distance: 0.9 mi
- 8/10Union City Elementary SchoolGrades: PK-4Distance: 1.1 mi
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- Tennessee
- Obion County
- Union City
- 38261
- 306 S 1st St
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