Fully Equipped Restaurant located at Busy corner redlight

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30287965
Property Subtypes: Mixed Use, Restaurant
Status: Pending/Contingent
Building Size (RSF): 1,595 SF
Gross Land Area: 24,678 SF
Sale Price: $250,000
Unit Price: $156.74 PSF
Property Use Type: Vacant/Owner-User
Building Name: Smokin J's
Usable Size (USF): 1,595 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 4/12/2019

Overview / Comments

Location Location Location.A restaurant owners dream. Come see this fully equipped ready for operation restaurant. This restaurant is located at the redlight of the busy corner of Rutledge Pike and Chilhowee Drive. This is ready for operation as soon as you turn on the lights. It comes with a fully equipped kitchen and dining room. This is close to shopping ( Knoxville Center Mall) and the interstate. Good parking area.

Building and location can also be easily converted to a great Convenience/Gas, Retail, or other business location where high traffic counts and visibility is desired.

FF&E includes:
- Permitted Grease Trap - Permitted Hood
- Southern Pride Smoker - Flat Screen TVs
- Double Staked Warmer Oven - Lenovo Computer
- Vulcan 2 drop Fryers - Electric Butterball Deep Fryer
- Large Walk-In Cooler - 15 Pan Buffet Bar Serving Station
- Large Serv-Ware Freezer - Deep Freezer
- Large Norlake Regrigerator - Double Lighted Warmers
- Nemco Fresh Matic Steamer - Hobart Pork Shredder
- 3 Station Stainless Steel Sink - Manitowoc Ice Machine
- GE Microwaves - Stainless Steel Prep Tables
- 10 Rack Portable Roller - Cash Register/Point of Sales System
- Grown Stainless Steel Veg. Carrier - Royal 6 top range/stove
- Gold Peak Tea Makers
- Onion King Slicer - Survelliance cameras & security sys.
- Very Clean Restrooms - Baby Booster Seats
(Other: Fully equipped with dine-in and out tables/chairs, shelves/cases , booths, sweepers, outdoor storage shed, stainless steel trays, silverware/dispensers, dolly's, and rollers )

Additional Details

Nearest MSA: Knoxville
County: Knox
Taxing Authority: Knox
Tax ID/APN: 071BA003
Zoning: C-1
Retail Clientele: General, Other
Property Located Between: Corner of Rutledge Pike and Loves Creek
Property Visibility: Excellent
Largest Nearby Street: Rutledge Pike
Feet of Frontage: 116
Highway Access: Less than a mile to I-40.
Site Description: Move in Ready Fully equipped restaurant.
Area Description: Close to Knoxvlle Center Mall, Interstate and loacated on the Rutledge pike. This property has great visability. Located on a redlight corner.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,595 SF
Property Condition: Excellent
Year Built: 1955
Year Renovated: 2011
Construction/Siding: Block
Exterior Description: Corner Block building with lots of parking and outside seating.
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: 20 spaced parking lot
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: Commercial
Lot Frontage: 116
Lot Depth: 435
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: owned
Legal Description: Corner lot 116 x 435.3 at red lot

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,995 41,430 113,112
Median Age: 41.82 40.45 36.21
Households: 2,186 17,797 45,973


Photograph of Listing Agent

Nikitia Thompson

Realty Executives Associates
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