Popular Restaurant at the Foot of the Cherohala Skyway

Retail-Commercial for Sale
Catylist Listing ID: 30821557
Property Subtypes: Restaurant
Building Size (RSF): 3,445 SF
Gross Building Area: See Agent
Gross Land Area: 0.55 Acres
Sale Price: $850,000
Unit Price: $246.73 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Building Name: Tellicafe
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/29/2022

Overview / Comments

This is your chance to own a piece of history! The 3345 square foot restaurant has been a staple in the community of Tellico Plains for years, and the owner is now retiring. This would be the perfect opportunity for a new business venture, or for someone who wants to continue the legacy of this beloved establishment. Owner financing is available, so don't let this one slip away! Plus, what's better than owning your own business AND living in one of the most beautiful areas of East Tennessee. The base of the Cherohala Skyway is known for its stunning scenery and friendly locals, so come check out this amazing opportunity today!

Attachments & Media

Additional Details

Nearest MSA: Athens
County: Monroe
Tax ID/APN: 06213604900
Retail Clientele: General, Family, Business, Traveler, Tourist

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,252 3,926
Median Age: 40.98 40.71
Households: 915 1,555

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