The Other One Diner and Dive

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30753380
Property Subtypes: Restaurant
Building Size (RSF): 5,000 SF
Gross Land Area: 0.38 Acres
Sale Price: $875,000
Unit Price: $175 PSF
Ceiling: 10 ft.
In Opportunity Zone? Yes
Property Use Type: Business
Building Name: The Other One Diner
Usable Size (USF): 5,000 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 1/11/2022

Overview / Comments

A staple of the Oak Ridge community, The Other One Diner and Dive is a well established and loved part of the Oak Ridge community. This is a turnkey business with all furniture, fixtures and equipment to remain with building. Owner has decided to get out of the restaurant business and his loss is your gain. Recently renovated building with updated plumbing, new roof, New HVAC, New upholstery in booths along with many new pieces of kitchen/bar equipment. This business could be started up immediately. All intellectual property regarding menus, social media pages and website will convey as well. Two storage units of additional food service equipment and furnishings also convey. If you've been wanting to get into the restaurant business there's never been a better opportunity. Seller is open to a Lease-Purchase as well.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: Anderson County
Tax ID/APN: 001105A B 01500
Retail Clientele: General, Family, Traveler, Tourist
Property Located Between: Four Leaf Property Management & Secret City Vapors
Property Visibility: Excellent
Largest Nearby Street: Oak Ridge Turnpike
Feet of Frontage: 85
Traffic/Vehicle Count: 24,351
Highway Access: On the Turnpike
Airports: TYS
Site Description: Paved lot within an existing strip center.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,000 SF
Property Condition: Good
Year Built: 1971
Year Renovated: 2020
Parking Type: Surface
Parking Description: Paved Parking Lot
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: Zoned for commercial/food service
Lot Frontage: 85
Lot Depth: 262
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Parcel ID/Tax ID 105A B 015.00 000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,416 20,275 32,468
Median Age: 36.26 40.77 42.95
Households: 2,275 8,793 14,043


Photograph of Listing Agent

Chris Morton

Crye-Leike Realtors KAAR CIE Member
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