The Bears Den Restaurant - Tellico Plains

Retail-Commercial for Sale
Catylist Listing ID: 30626594
Property Subtypes: Restaurant
Building Size (RSF): 1,580 SF
Gross Building Area: See Agent
Gross Land Area: 0.43 - 0.46 Acres
Sale Price: $325,000
Unit Price: $205.70 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2020

Overview / Comments

Established restaurant with owner retiring. Located directly off Highway 68 in Tellico Plains, only minutes from the Great Smoky Mountains and Cherohala Skyway. With both indoor and outdoor dining options, this location has the potential to be an popular tourist stop for those travelling through the area.

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Additional Details

Nearest MSA: Athens
County: Monroe
Submarket Type: Central Business District
Taxing Authority: Monroe
Tax ID/APN: 146 001.07
Zoning: COMMERCIAL
Retail Clientele: General, Family, Tourist
Property Located Between: Highway 68 and Bear Lane
Property Visibility: Good
Largest Nearby Street: Highway 68
Traffic/Vehicle Count: 6,147
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,580 SF
Property Condition: Excellent
Year Built: 2008
Year Renovated: 2018
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal

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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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