$430,000
$499,000
13.8%For more information regarding the value of a property, please contact us for a free consultation.
5,996 SqFt
SOLD DATE : 02/03/2025
Key Details
Sold Price $430,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,996 sqft
Price per Sqft $71
Subdivision Not Listed
MLS Listing ID 9975040
Sold Date 02/03/25
HOA Y/N No
Total Fin. Sqft 5996
Originating Board Tennessee/Virginia Regional MLS
Year Built 1978
Lot Size 1.200 Acres
Acres 1.2
Lot Dimensions 1.2+/- acres
Property Description
Commercial property having 1.2+/- acres having a large restaurant with 2,996+/- square feet built in 1978 and a large Metal Garage with 3,000+/- square feet built in 1998 located right off Interstate 81 (exit 23) Bulls Gap. Property is close drive to both Bulls Gap and Greeneville. Surrounding the property are Motels, One Stop Truck Care, Lee Travel Center, and a McDonalds (Volunteer Speedway is a short drive away from property as well). Property does lay mostly level and has a large billboard displaying toward interstate 81 that has been leased with income up to $2,500.00 per year. The large Metal Garage is a wide open space that has two large roll up metal doors 16 feet +/- height to accommodate for easy access with a smaller area also that can be used as an office space and several restrooms. This building has many uses and has been used as a truck repair shop, live music/event area and even large storage area. The restaurant has a large open area with a large check out counter area, area for booths and tables, (many booths/tables included) two public bathroom area's up front, soda/drink area, and large sign area on front of building along with sign area facing the interstate for great advertising. In back lots of equipment that will be needed like walk in freezer & cooler, office area, private restroom, warmer, fryer, extra coolers, fridge, deep freezers, prep tables, and large cooker and so much more! Property does need some updating and maintenance but has many possible uses and a location right off interstate 81.
Location
State TN
County Greene
Community Not Listed
Area 1.2
Zoning B1
Direction Exit 23 off 81 turn on 11E then turn onto Speedway Lane go up hill past the McDonalds and property will be on the Right side (approximately 700 feet up Speedway Ln) Watch for signs.
Interior
Heating Heat Pump
Cooling Heat Pump
Equipment Additional Building(s), Freezer, Furniture, Garage Bay(s), Range, Refrigeration, Refrigerator, Roof Sign, See Remarks
Heat Source Heat Pump
Exterior
Roof Type Metal
Road Frontage City Street
Building
Sewer Public Sewer
Water Public
Structure Type Metal Siding,Wood Siding,See Remarks
New Construction No
Others
Senior Community No
Tax ID 070 006.04
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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