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228 Bank St, Tellico Plains, TN 37385

Commercial property for sale

Added: 01/06/2012
Last Update: 04/05/2012
228 Bank St Tellico Plains, TN 37385 US
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Description

Looking to retire in paradise or a second restaurant operation/location? The restaurant has been operating for 14 years by current owner! Has a great reputation among locals. If interested in retaurant only, see listing #12689496. Restaurant is for sale separately for $299,000 and icludes all FF&E, real estate, and business. Note that current price is below appraisal and appraisal did not include business revenues/profits. Owner is currently operating from out of state and would now like to sell both his home and business. Price is packaged at a discount for 3,400 sf restaurant & equipment, real estate, and 2,200 sf home with 1.5 acres in total. Home is within 1.0 mile of restuarant. All staff want/expect to stay with a new retaurant owner. Chef is educated from the Culinary Institute in NY and many staff members have been employed for years. Owner established restaurant 14 years ago. Feel free to check out the comments on Urbanspoon about the food and service. Restaurant is very clean and just needs more owner involvement with day to day operations, marketing, etc. Building price details: $429,000.

Property Details

  • Type: Retail
  • Status: Available
  • Year Built: 1976
  • Buildings: 1

Exterior Features

  • Parking: Yes
  • Parking Spaces: 30
  • Parking Type: Surface

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