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3529 Highway 421, Bristol, TN 37620 - $650,000

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Blue Ridge Properties Listing

3529 Highway 421, Bristol, TN 37620 (MLS #9961555)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial

Sub Type:

MLS Number: 9961555

Lot Acreage: 0.84000

Living Area: 2,161

Year Built:1995

Elementary School:

Middle School:

High School:

Public Remarks: 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.

Listing Courtesy:REMAX Results Bristol

More Listing Info:

AC:Heat Pump3: true

Business Type:Restaurant: true

Contract Info:Foreclosure: No

Development Status:See Remarks37: true

Electric Service:220 Volts: true

Exterior Finish:Stone5: true

General Property Description:# Parking Spaces: 22

General Property Description:# Restrooms: 2

General Property Description:Acres: 0.84

General Property Description:Annual Lease: 0.0

General Property Description:HOA YN: No

General Property Description:Lease: No

General Property Description:Lot Size2: 177x230

General Property Description:Road Frontage Length: 177

General Property Description:Total SqFt Finished: 2161.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: B-3

Heating:Heat Pump2: true

Info Available:ProfitLoss Statement: true

Info Available:See Remarks28: true

Location Tax Legal Info:City Taxes: 0.0

Location Tax Legal Info:County Taxes: 1166.53

Location Tax Legal Info:Deed Book #: 3421

Location Tax Legal Info:Deed Page #: 2336

Location Tax Legal Info:Lot #: 1

Other Equipment:Freezer: true

Other Equipment:See Remarks38: true

Property Condition:Above Average: true

Remarks Misc:Directions3: Take Virginia Ave to Highway 421, Restaurant on Left.

Remarks Misc:Public Remarks2: 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.

Restrictions:See Remarks34: true

Road Access:Highway: true

Roof:Metal3: true

Sale Includes:See Remarks35: true

Sewer:Septic Tank: true

Water:Public: true