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3529 Highway 421

Bristol, TN 37620
  • $650,000
  • STATUS: Contingent - Show
  • ON SITE: 28 Days
  • MLS #: 9961555
Under Contract
UPDATED: 23 min ago
$650,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,161
    SQFT
  • $301
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1995
County:

School Ratings & Info

Description

Here is your opportunity for an established turn-key restaurant with a strong customer base, excellent location, and tremendous potential for growth. After many years of serving the residents of Bristol and beyond the owner's at Price's Too restaurant are retiring and selling the real estate and business in one package. This property is strategically located on Highway 421 near South Holston River and Lake. The casual dining restaurant offers country cooking at it's finest and includes all the restaurant equipment, furniture, point of sale devices, recipes and more. PNL statements show a solid revenue stream and potential for more revenue with a recently remodeled bar area that is complete but yet to be opened for evening revenue. The building offers 2161 sq ft if finished space with approximately 1600 sq ft of dining space. There are approximately 22 parking spaces and the lot is .84 acres with room to expand if needed. Current owner's and employees are willing to stay on during the transition of new ownership. Current hours of operation are Monday-Saturday 530am-6pm serving breakfast, lunch and dinner. There is limited competition for dining options in the South Holston Lake area and this restaurant has created a strong customer base with very little advertising. This is a great opportunity for someone looking to get into the restaurant business. Currently the restaurant has a beer and liquor license as well. Check this rare opportunity out today. No sign on property, please do not disturb employees or customers. Buyer/Buyer's agent to verify all information.

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© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-03-02T08:00:32.82.
www.conservusrealestategroup.com/homes/147219262
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3529 Highway 421 Bristol, TN 37620

  • Price: $650,000
  • Status: Contingent - Show
  • On Site: 28 Days
  • Updated: 23 min ago
  • MLS #: 9961555
0
Beds
0
Baths
0
½ Baths
0.84
Acres
2,161
SQFT
$301
$/SQFT
1995
Built
Neighborhood:
Bristol Tn(County)
County:
Sullivan
Area:
Bristol Tn(County)
Property Description
Here is your opportunity for an established turn-key restaurant with a strong customer base, excellent location, and tremendous potential for growth. After many years of serving the residents of Bristol and beyond the owner's at Price's Too restaurant are retiring and selling the real estate and business in one package. This property is strategically located on Highway 421 near South Holston River and Lake. The casual dining restaurant offers country cooking at it's finest and includes all the restaurant equipment, furniture, point of sale devices, recipes and more. PNL statements show a solid revenue stream and potential for more revenue with a recently remodeled bar area that is complete but yet to be opened for evening revenue. The building offers 2161 sq ft if finished space with approximately 1600 sq ft of dining space. There are approximately 22 parking spaces and the lot is .84 acres with room to expand if needed. Current owner's and employees are willing to stay on during the transition of new ownership. Current hours of operation are Monday-Saturday 530am-6pm serving breakfast, lunch and dinner. There is limited competition for dining options in the South Holston Lake area and this restaurant has created a strong customer base with very little advertising. This is a great opportunity for someone looking to get into the restaurant business. Currently the restaurant has a beer and liquor license as well. Check this rare opportunity out today. No sign on property, please do not disturb employees or customers. Buyer/Buyer's agent to verify all information.
Exterior Features

Construction Materials Stone Roof Metal

Interior Features

Building Area Total 2161 Cooling Heat Pump General Property Description Total Sq Ft Finish 2161 General Property Description Total Sq Ft Unfini 0 Heating Heat Pump Heating YN Yes

Property Features

Contract Info Auction No Contract Info Foreclosure No Contract Info Short Sale No Cooling YN Yes Documents Available [] Listing Terms CashConventional New Construction YN No Other Equipment FreezerSee Remarks Property Condition Above Average Sewer Septic Tank Water Source Public Zoning B-3

Listing information © 2024 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Josh Taylor of REMAX Results Bristol: 423-793-1130.



© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-03-02T08:00:32.82.
 
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Conservus Real Estate Group
402 East Main Street
Kingsport TN, 37660