109 Market St, E, Fayetteville TN 37334
Rare opportunity to own one of Fayetteville’s most recognizable commercial properties. Located on the south side of the Historic Downtown Square, Honey’s Restaurant has been a local landmark for generations and is home to the famous Slawburger. This iconic property offers outstanding visibility, a prime downtown location, and endless potential for an owner, investor, or entrepreneur. Whether preserving its rich history or creating a new vision, this is a unique chance to own a piece of Fayetteville’s heritage in one of the city’s most sought-after commercial locations.
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Fayetteville
This property is grouped with the current listings without a reported bedroom count in Fayetteville. Its asking price falls near the 58th percentile of that active group. The comparison uses 61 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 0 days, while the current cohort averages 55 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $205,500, and the median is $171 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 207 Elk Ave, S | Jul 21, 2026 | — | $572,000 | 0.0 mi |
| 203 Maple St, E | Aug 14, 2026 | 3 bd · 2,011 sqft | $390,000 | 0.1 mi |
| 403 Lincoln Ave, S | May 29, 2026 | — | $140,000 | 0.2 mi |
| 0 Market St, W | Jun 24, 2026 | — | $15,000 | 0.3 mi |
| 301 Bellview Ave, N | Aug 19, 2026 | 3 bd · 1,440 sqft | $180,000 | 0.3 mi |
| 414 Cherokee Ave | Jun 5, 2026 | 4 bd · 2,770 sqft | $206,000 | 0.4 mi |
| 609 Cherokee Ave | Jul 29, 2026 | 4 bd · 3,764 sqft | $940,000 | 0.5 mi |
| 409 Kiwanis Ave | May 27, 2026 | 3 bd · 1,200 sqft | $205,000 | 0.7 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $325,000 · Active
- $325,000 · Active
Location reference points
How this address sits within the Fayetteville area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- Tims Ford Lake16.7 miles straight-line · roughly 30 driving minutes
- Downtown Tullahoma25.0 miles straight-line · roughly 45 driving minutes
- Downtown Winchester26.0 miles straight-line · roughly 46 driving minutes
- Arnold Air Force Base32.1 miles straight-line · roughly 57 driving minutes
- Downtown Manchester35.5 miles straight-line · roughly 63 driving minutes
Continue comparing
Similar active homes in Fayetteville
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Fayetteville homes for sale · See the Fayetteville market report