$225,000

742 Thinwood Drive #1

Newport TN, 37821

Description

MAKE OFFER! GREAT INVESTMENT OPPORTUNITY WITH ICONIC SUNSET BAR & GRILL! Business Recently Closed, Seller Retired. (TURN KEY-FF & E) Stock the Coolers & Begin Making $$$ Day of Purchase, Furniture-Fixtures-Equipment Included! Almost Everything Shown in Listing Pictures Conveys! Restaurant Offers a Margarita Style Atmosphere with Bar and Indoor Seating of 74. The Private Outdoor Patio Section Offers Additional 50 Seats, Band Stage, a Lg. Grill/Fireplace and Room to Expand! Awarded Peoples Choice for Best Atmosphere for Several Years! Great Location, Just Off Hwy 25/70 with Current Average Daily Traffic Count Over 15,000! BONUS BUSINESS POTENTIAL, New Proposed TDOT Plans of Connecting Hwy 321 & Hwy 25/70 ADJOIN this Property, Providing Even More Traffic Exposure! This 1.3 Acre Property Easily Accommodates 50+ Parking Spaces w/Lots Room to Expand! Business Leased for Past Several Years, Owner Decided to Discontinue Leasing Options! Not for Lease! Owner May Consider Financing with 20% Down Payment & Approved Terms! Serious Inquiries Only, Please Call for Showing! DRONE PICTURES USED IN LISTING. REASONABLE OFFERS CONSIDERED!

Details

MLS#423765
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year2002
Days On Site276

Features

SQ Feet2,864
Story(s)1
ZoningR

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Area Information

StateTN
CountyCocke
CityNewport
Zip Code37821
Area208 - Cocke County
Listing VS Median (in 37821)
Price:
$225,000
low | high
Med:
$62,500
100% of Average
SqFt:
2,864
low | high
Med:
0
100% of Average
$ / SqFt:
$79
low | high
Med:
$0
100% of Average
On Site:
276
low | high
Med:
243.500000
100% of Average
Listing Updated: 03/31/2020
MLS Number: 423765
Listing Provided By:
KAREN MASSEY  of  MASSEY REALTY

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