MLS# 1079763; Restaurant/Apartment in Tourist Area

Retail-Commercial for Sale
Catylist Listing ID: 30427022
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 4,900 SF
Gross Building Area: See Agent
Gross Land Area: 0.40 Acres
Sale Price: $395,000
Unit Price: $80.61 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Buckets and Brews
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/20/2019

Overview / Comments

GREAT BUSINESS OPPORTUNITY located on 0.42┬▒ acres just off the Cherohala Skyway in Tellico Plains. Currently known as ''Buckets and Brews'' and positioned in a highly visible spot for those travelling to and from the Tellico Mountians. Fully equipped 3100 sq. ft. restaurant (2 restrooms) with 1500 sq. ft. outdoor seating space. Galley-style kitchen boasts state-of-the-art fire suppression system, 8' commercial hood, walk-in cooler, grease trap, and state compliant back-flow preventer. All furniture, fixtures, and equipment convey with purchase. Separate commercial retail space of approx. 700 sq. ft. with current tenant. Second floor has 1100 sq. ft. apartment (2 bedroom, 1 bath, office) with current tenant. Zoned heat and air supplied by PTAC units in each zone, same in apartment.

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Additional Details

Nearest MSA: Athens
County: Monroe
Taxing Authority: Monroe County, Tellico Plains
Tax ID/APN: 146B B 014.12
Retail Clientele: General, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Cherohala Skyway (Hwy 165)
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Year Built: 2010
Total Parking Spaces: 26
Heat Type: Electricity, Other
Heat Source: Wall Units
Air Conditioning: Other
Internet Access: DSL
Lot Frontage: 246
Water Service: Municipal
Sewer Type: Municipal
Easements: Other

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,252 5,355
Median Age: 40.98 41.96
Households: 915 2,136
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