224 Peavine Rd

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30679313
Status: Pending
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Sale Price: $699,900 - 749,900
Unit Price: $87.49 - 93.74 PSF
Property Use Type: Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/11/2022

Overview / Comments

Great commercial access to I-40! This 8,000 sq ft building, with every 1,000 sq ft of the building with its own individual electric, heat and air. 41 paved lighted parking spaces out front with additional 1/2 acre gravel parking lot in the rear. There is also a large fenced-in patio area out back with a large storage shed with a perfect location of 500 ft from I-40. 3,000 sq. ft. of the 8,000 sq. ft building (restaurant) now has a one-year lease (2,000.00) with renter paying all utilities.
With all equipment and inventory (except for owners personal items) price would be $750,000.

Additional Details

Nearest MSA: Crossville
County: Cumberland
Tax ID/APN: 018101 06902

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,362 22,617
Median Age: 38.78 45.46
Households: 3,944 9,679
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