128 Bank St - Restaurant FOR SALE


Tellico Plains, TN 37385
$1,195,000 USD
423-836-4745
128 Bank St, Tellico Plains, TN for Sale
$1,195,000 USD
Restaurant - FOR SALE
1/31
null | Request Cap Rate

128 Bank St
Tellico Plains, TN 37385


OVERVIEW

An established business with a legacy of over 30 years serving the community, this fully equipped restaurant is turnkey ready for its new owner. Recent updates include a 1000 square foot covered outdoor bar area, 8 ton HVAC, and Commercial Grade Appliances. With indoor seating for over 100 patrons and new covered outdoor seating (with window coverings to give it year round use!) to take in the breathtaking Unicoi Mountain Views, this restaurant is perfectly situated to host all that call Tellico Plains home and all that love to visit her for her beauty. Located a few hundred feet from the Cherohala Skyway, Highway 68 and Tellico Plains historic downtown (which has seen its own revitalization over the past few years), this hot spot is just what an entrepreneur is looking for.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tellicafe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

Commercial

APN/PARCEL ID

136-049.00

ASK ABOUT THIS PROPERTY

Scott WilsonRealty Executives Main StreetMore Info
423-836-4745

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Scott WilsonRealty Executives Main StreetMore Info
423-836-4745

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.