742 Thinwood Dr Newport TN 37821

742 Thinwood Dr Preview Image 1
742 Thinwood Dr Preview Image 2
742 Thinwood Dr Preview Image 3
742 Thinwood Dr Preview Image 4
742 Thinwood Dr Preview Image 5
742 Thinwood Dr Preview Image 6
SHOW MORE
Listing courtesy of MASSEY REALTY
FOR SALE$247,500

Remarks

Reduced! Motivated seller! Great investment opportunity with iconic sunset bar & grill! Business recently closed, seller retiring. (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 past several years! Great location, just off hwy 25/70 with current average daily traffic count over 15,000! Bonus business potential, the 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! Owner might consider financing with 20% down payment & approved terms! Serious inquiries only, please call for showing!


  • Area: 21-cocke county
  • Building Exterior: wood siding
  • City: newport
  • Financing Terms: 20% down payment
  • Total Sqft: 1520

General information

  • Air Conditioning: ceiling fans , central air , heat pump , other , combination
  • Associated Document Count: 1
  • Avg Daily Traffic Count: 15869
  • Bldg / Ste #3 Building Age: 15
  • Equipment: compressor , fire alarm , furniture / fixtures , inventory included , machinery included , refrigerator system , sign , sprinkler system , see remarks
  • Gas: installed , natural gas
  • Heating System: central gas , combination , heat pump , space gas
  • Interior Features: extra storage , private bathrooms , security system , see remarks
  • Internet Available: cable , dsl , dial-up , satellite , other
  • Insurance Expense: 3000
  • Loading: delivery door , ground level door , loading ramp
  • Lot Size: 1.3 acres
  • Miscellaneous: outside storage , restrooms , sewer , 220 volt power
  • Possible Use: commercial , current use , manufacturing , retail , other
  • Parcel: 064.02
  • Property Tax City: 937.06
  • Property Tax County: 839.29
  • Road Access: city street , paved road , public road , u.s. highway
  • Roof: metal
  • Road Frontage: 150
  • Type Of Business: bar / tavern , food service , other
  • Type Of Zoning: comm
  • Vacant : yes
  • Water Supply: public water

    Contact Tony for more information
    Click Here to Text Tony @
    (865) 548-0661


    You can text Tony @ (865) 548-0661