Restuarant Great Location

Retail-Commercial for Sale
Catylist Listing ID: 30803173
Property Subtypes: Restaurant
Building Size (RSF): 1,580 SF
Gross Building Area: See Agent
Gross Land Area: 20,038 SF
Sale Price: $249,900
Unit Price: $158.16 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/4/2022

Overview / Comments

This is your opportunity to own a cash flowing restaurant. This property sits in a perfect location right across from a shopping center, on a major state highway, and right near the High School. This business has been in operation for 4 successful years with a strong management and staff already in place and has a strong local reputation for great quality. The owner is selling the property "turn key" with all of the equipment and fixtures to remain with the property. This restaurant is located in the heart of the fast growing town of Tellico Plains. Call to schedule your showing today.

Additional Details

Nearest MSA: Athens
County: Monroe
Tax ID/APN: 06214600107
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Highway 68
Feet of Frontage: 312
Traffic/Vehicle Count: 5,445
Airports: McGhee Tyson Airport
Site Description: 20,038 SqFt Lot with plenty of parking on the front and side of the building, inside dining area, patio dining area. Building is in good condition.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,580 SF
Property Condition: Good
Year Built: 2008
Roof Type: Gable
Construction/Siding: Wood Siding
Total Parking Spaces: 15
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Fiber Optic
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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