Shelly Belle's on the River
Retail-Commercial
for Sale
| Catylist Listing ID: |
30716627 |
| Property Subtypes: |
Restaurant, Other
|
| Building Size (RSF): |
5,000 SF
|
| Gross Land Area: |
2.50 Acres
|
| Sale Price: |
$1,700,000 |
| Unit Price: |
$340 PSF |
| Property Use Type: |
Business |
| Building Name: |
Shelly Belle's Restaurant |
| Usable Size (USF): |
5,000 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
220 |
| Last Updated: |
4/18/2021 |
Overview / Comments
|
Absolutely beautiful restaurant on the edge of the Powell River. Only 6/10 off Hwy 25E LOCATION, LOCATION, LOCATION this restaurant is only 3 years old with a booming gross income and growing. A 5,000 sq ft building, all equipment included, tables and furnishings to keep this business rolling. If you are looking for a great investment here is your chance to make excellent money! With a solid wood building inside and out. 100 ft deck overlooking the river. You can wine & dine your customers. Liquor license available owner just chose not to use. Call now with all your inquiries!! Don't wait or it will be too late. This property has 2 1/2 miles of river frontage with plenty of room for expansion!
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Claiborne |
| Tax ID/APN: |
013029 12500 |
| Retail Clientele: |
General, Family, Traveler, Tourist, Recreation, Other |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Hwy 25E |
| Highway Access: |
Hwy 25E 6/10 of a mile |
| Area Description: |
Scenic, beautiful mountains and hiking trails, wildlife, atv trails, Norris Lake and the Powell River, growing college town |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
5,000 SF |
| Property Condition: |
Excellent |
| Year Built: |
2018 |
| Roof Type: |
Other |
| Construction/Siding: |
Wood Frame |
| Exterior Description: |
Everything is wood. |
| Total Parking Spaces: |
75 |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Fiber Optic |
| Zoning Description: |
commercial |
| In Flood Plain?: |
Yes |
| Lot Frontage: |
2 1/2 miles m/l |
| Water Service: |
Well |
| Sewer Type: |
Septic |
| Easements: |
Ingress/Egress |
| Land Ownership: |
owned |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
7,013 |
11,467 |
| Median Age: |
41.54 |
38.66 |
| Households: |
2,917 |
4,542 |
|
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