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693 Shady Street

Mountain City, TN 37683
  • $499,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 9929500
UPDATED: 26 min ago
$499,000
  • 0
    BEDS
  • 0.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,400
    SQFT
  • $208
    $/SQFT
Type:
Commercial
Built:
2015
County:

School Ratings & Info

Description

This commercial property is a great investment opportunity of a turn-key takeover of a positive cash flow business boasting prime real estate and road frontage directly beside HWY 421 in the heart of Mountain City. The 2,400 sq/ft building, 0.8 acre lot, and business are all included in this investment with additional land available for purchase totaling 1.49 acres. Seller is offering to train potential buyers to operate the business, as well as, offering the option for owner-financing. The property includes 30 parking spaces. The restaurant currently has seating for 64 customers, 3 restrooms, and fully equipped kitchen with ice cream machine and premium Broaster deep fryers.

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© 2021 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: 2021-10-21T15:59:51.013.
www.conservusrealestategroup.com/homes/122077977
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693 Shady Street Mountain City, TN 37683

  • Price: $499,000
  • Status: Active
  • Updated: 26 min ago
  • MLS #: 9929500
0
Beds
0
Baths
0
½ Baths
0.8
Acres
2,400
SQFT
$208
$/SQFT
2015
Built
Neighborhood:
Mtn. City/ Johnson County
County:
Johnson
Area:
Mtn. City/ Johnson County
Property Description
This commercial property is a great investment opportunity of a turn-key takeover of a positive cash flow business boasting prime real estate and road frontage directly beside HWY 421 in the heart of Mountain City. The 2,400 sq/ft building, 0.8 acre lot, and business are all included in this investment with additional land available for purchase totaling 1.49 acres. Seller is offering to train potential buyers to operate the business, as well as, offering the option for owner-financing. The property includes 30 parking spaces. The restaurant currently has seating for 64 customers, 3 restrooms, and fully equipped kitchen with ice cream machine and premium Broaster deep fryers.
Exterior Features

Exterior Finish Block Lot Size .8 Acres Number Parking Spaces 30 Road Access City StreetHighway Roof Metal

Interior Features

Ac Central Air Heating Central Total Sqft Finished 2400.00 Total Sqft Unfinished 0.00

Property Features

Annual Lease Amount 1200.00 Auction No Business Type Restaurant City Taxes 1359.95 County Taxes 2555.12 Development Status ClearedFinished Lot(S)Subdivided Electric Service 220 Volts Financing CashConventionalIndiv/Seller Financing Foreclosure No Info Available AerialBooks Available Other Equipment Fire AlarmFreezerHandicap AccessHandicap FacilitiesLighting-FluorescentPole SignRangeRefrigerationRefrigeratorSecurity SystemSmoke Detector(S) Restrictions Flood Plain Sale Includes See Remarks Sewer Public Sewer Short Sale No Water Public Zoning Commercial

Listing information © 2021 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Jackson Yates of Allen Yates Realty.



© 2021 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: 2021-10-21T15:59:51.013.
 
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Conservus Real Estate Group
402 East Main Street
Kingsport TN, 37660