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 |
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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