Contact info

• 423-949-7653 [Office] 

Description

3400ft - Historic Building Mixed Use Commercial/Residential For Sale (Dunlap, Tennessee) Fantastic new real estate opportunity! Formerly the historic Sequatchie County Bank, the first bank in Dunlap, Tennessee. Built in 1909, it is one of the oldest buildings in town - located at the very heart of downtown Dunlap. Formerly the famed Mary Lou's Dinette. Completely renovated in 2003, this 3,400 square foot, two-story brick building is a multi-unit commercial/residential in excellent condition - inside and out. All units (downstairs commercial and both upstairs residential) are currently leased. The downstairs is approximately 1700 sf and is currently a retail bakery. The second floor (approximately 1700 sf) contains 2 residential apartments (1BR and 2 BR) and has been completely updated/renovated in 2011 with new sheetrock, carpet, and paint. All appliances included. New rubber roof with 30-year warranty installed in 2011. Downstairs is commercial with 2 separate bathrooms, stock area (formerly the bank vault), a back/kitchen prep area, separate sink room and back of house egress. All units are non-smoking. Parking is available in front of building and across street. At corner of busy intersection that cuts through the center of Dunlap. Prime location with high traffic counts and excellent visibility. Dunlap Chamber of Commerce and City Hall/Municipal Building are also located directly across the street. ALL THREE SPACES ARE NOW LEASED! The 2 bdrm just signed a 1 yr lease at $500/mo. The 1 bdrm has 8 months left on their lease at $345/mo and the commercial space downstairs is currently month to month at $700/mo (could go significantly higher). Building price details: $199,000.

Property Details

• Type: Commercial (Other)
• Use Types:Food and Beverage
• Status: Available
• MSA: Chattanooga
• Buildings: 1

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