Our House Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30674812
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 7,000 SF
Gross Land Area: 1.84 SF
Sale Price: $395,000 - 450,000
Unit Price: $56.43 - 64.29 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Our House Restaurant
Usable Size (USF): 7,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/25/2021

Overview / Comments

Our House Restaurant for sale at an aggressive price, for so much property, potential, and beauty, with opportunity to purchase additional equipment, software, and furniture. 7000 square foot building consisting of two beautiful floors of seating, surrounded by rustic, rough lumber, and floating stairways, with a basement level bar filled with the ambiance of relaxation.

Full kitchen, with walk in cooler and freezer. Outside is landscaping, decking, a stage, and a back gravel parking lot/meeting area, perfect for setting up as a venue, outdoor seating, catering and entertainment.

Restaurant was purchased on 2012, and rennovated with new kitchen, freezers, bar, HVAC units. Siding is brand new. Kitchen Hvac is 5 years old. On demand water heater 2 years old. Freezer and cooler units 4 years old. Parking lot leveled with new asphalt. Also there is an office, and attic storage.

Kitchen tables, char grill, ovens, dish machine, and equipment, dishes, pots pans, etc do not convey but can be purchased, see agent notes for details.

Make this your own concept restaurant, or repurpose for office, or business location.

Additional Details

Nearest MSA: Johnson City
County: Washington
Taxing Authority: Washington County
Tax ID/APN: 021 049.04
Zoning: R2B/ R4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Boones Creek Rd and Hwy 75
Property Visibility: Good
Largest Nearby Street: Hwy 36/ N Roan St
Feet of Frontage: 258
Airports: Tri-Cities Airport
Site Description: Sitting just below grade, and snuggled into a quiet woodsy setting, almost two acres of land with large restaurant, outdoor patio area, and rear venue area with stage, plus back gravel lot for parking or expansion.
Area Description: North Johnson City, a fast developing commercial corridor with subdivisions surrounding, and retail/grocery nearby.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1984
Year Renovated: 2012
Construction/Siding: Vinyl Siding
Exterior Description: one year old new siding
Parking Type: Surface
Parking Description: surface parking front and back, ample but unlined. some new asphalt at entrance.
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Engineered System
Interior Description: Rough lumber dining halls on two floors, with floating stairway between, plus basement bar seating/lounge area.
Lot Frontage: 258
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,418 22,381 51,419
Median Age: 39.47 40.87 42.47
Households: 1,046 9,490 22,156

Contact

Photograph of Listing Agent

Stephen J Goodson, ChFC

Remax Checkmate, Commercial Division NETAR CMLS Member
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