1071 W Hwy 25-70, Newport, TN 37822
Commercial property for lease
- Description
- 1.8 acres with free-standing restaurant 0.2 miles off Interstate 40 at Exit 432. Located next to campgrounds, hotels, and gas stations. Busy Interstate corridor. Currently owner occupied with successful restaurant business. Business is not for sale. Owner will vacate. 6,456 sf building with ample parking. Restaurant has two sections: a dining section and a bar section with a Texas-sized bar, dance floor, and stage with surrounding seating. Dance floor can be used for dining as well. Restaurant equipment included in the price: - Two hoods- Two 8'x12' walk-in coolers- New grease trap- 5'x5' reach-in cooler- Various sinks, counters, and drainboardsAverage daily car counts- Interstate 40 at Exit 432 - 26,000 daily- Highway 25/70 - 14,000 dailyRemaining furniture, fixtures, and equipment also available for purchase. Owner would consider selling adjoining 6 acre parcel. Building price details: $624,000.
- Exterior Features
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Parking Type: Surface - Contact info
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Mark ShipeHolrob
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Lot Size: 1.800 Acres Number of Stories: 1 Year Built: 1978 Year Renovated: 2000 Submarket: Free-Standing Building MSA: Newport Buildings: 1 Tenancy: Single Tenant Terms: Cash to Seller Added: 11/29/2017