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5331 Central Avenue Pike, Knoxville, TN 37912

$43+/SF

Commercial property for sale

Added: 06/28/2012
Last Update: 07/19/2012
5331 Central Avenue Pike Knoxville, TN 37912 US
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Contact info

  • 865-777-3035 [Office] 

Description

Property lies between Day's Inn on Central Avenue Pike and BP on Merchant Dr. A perpetual easement exists in which The Day's Inn hotel has the exclusive rights to the use approximately 2,466 SF for the hotel lobby and associated offices. The facility consists of a restaurant, with tables and seating in 2 dining areas and serving area, 3 banquet hall rooms, with sliding sectional dividing walls that can open into one large banquet area. The kitchen contains 2 hoods with fire suppression systems, a walk-in cooler and freezer, ovens, gas range, griddle, deep fryer, various prep tables and shelving, buffet service tables, 3 compartment sink, commercial clothes washer and dryer and other various restaurant equipment. The kitchen has a separate bath for employees. The restaurant shares a hallway and 2 restrooms with the hotel. Building is sprinkled. 800 Amp 480Y/277VAC electrical main. Pylon sign on Central Avenue Pike. Formerly occupied by Ramsey's Restaurant. Ideal use could include banquet hall, meeting facility, restaurant or catering facility. Traffic Count on Central Ave Pike is 4,324 cars per day, Cedar Lane 18,786 cars per day and I-75 has 68,605 cars per day. Large pylon sign at entrance. Grease traps are behind the building. Building price details: $650,000.

Property Details

  • Building Name:Former Ramsey's Restaurant
  • Type: Retail
  • Use Types:Restaurant
  • Status: Available
  • Year Built: 1973
  • MSA: Knoxville
  • Zoning: C-3 General Commercial
  • Buildings: 1
  • Tenancy: Single Tenant

Exterior Features

  • Parking: Yes
  • Parking Spaces: 85
  • Parking Type: Surface

Terms

  • Cash to Seller 

Map Locations