Weber City Restaurant and Strip Center - Video Tour
Retail-Commercial
for Sale
| Catylist Listing ID: |
30011405 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Street Retail
|
| Building Size (RSF): |
13,200 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.20 Acres
|
| Sale Price: |
$1,900,000 |
| Unit Price: |
$143.94 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/20/2021 |
Overview / Comments
Excellent Weber City commercial property now available! Very profitable and popular full service restaurant with adjoining strip center on over 1 acre fronting 4-lane Hwy 23. Restaurant has been open since the 1950's with current owners operating for more than 16 years with plans to continue. Restaurant building is 3,200 square feet and retail/office building is 10,000 square feet. Strip center has 7 suites with 6 currently leased and one being used as a maintenance room that can be returned to lease space. See video tour for more details.
Very loyal customer base and high traffic counts at this location near Tennessee/Virginia state line. Ideally situated next to 300+ employee call center, TeleTech, at the Riverside Development just across the Hwy 23 Holston River bridge. More on TeleTech and the growing Riverside Development via links included.
Don't miss the opportunity to become part of this expanding area of the Tri-Cities! Excellent financials available to qualified investment buyer or owner operator.
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Scott |
| Tax ID/APN: |
167 A 32 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
19,341 |
52,103 |
| Median Age: |
42.26 |
43.52 |
| Households: |
8,465 |
22,868 |
|
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