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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,013 11,467
Median Age: 41.54 38.66
Households: 2,917 4,542

Contact

Photograph of Listing Agent

Sherry McCreary

Realty Network, Inc KAAR CIE Member
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