Popular Restaurant Close to I-75

Undisclosed Address, Loudon, TN 37774
Retail-Commercial for Sale
Sale Pending
Also listed as Business Opportunity
Catylist Listing ID: 30801093
Property Subtypes: Restaurant
Status: Pending
Building Size (RSF): 4,235 SF
Gross Building Area: See Agent
Gross Land Area: 1.10 Acres
Sale Price: $699,000
Unit Price: $165.05 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Building Name: Romeo's
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/11/2022

Overview / Comments

The owner is retiring which brings a great investment/business opportunity for you in Loudon, TN on Highway 72. This restaurant is still open for business and seats 96 guests. The owner is selling the property "turn-key" with all the seating and kitchen equipment to remain with the building. This is a great location beside the "new" Queener Road intersection (currently under construction). This is a great location near new residential developments and close to I-75. Call today to schedule your viewing.

Attachments & Media

Additional Details

Taxing Authority: Loudon
Tax ID/APN: 040 082.00
Zoning: C-2
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: US HWY 72
Highway Access: US HWY 72 and Interstate 75
Site Description: Site is asphalt and connects to the new Queener Road at the intersection of Hwy 72. There are two entrances proposed from Queener Road and one exit onto Hwy 72.
Area Description: Less than a mile from I-75 and close to new residential developments, hotels, gas stations, and other restaurants
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,235 SF
Property Condition: Excellent
Year Built: 2011
Roof Type: Gable
Construction/Siding: Metal Siding
Total Parking Spaces: 42
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

Contact

© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.