Weber City Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30806637
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 3,200 SF
Gross Building Area: See Agent
Gross Land Area: 1.20 Acres
Sale Price: $1,300,000
Unit Price: $406.25 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Building Name: Burger R Us
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

Very profitable and popular full service restaurant in busy Weber City is now for sale. Fronting 4-lane Hwy 23, restaurant has been open since the 1950's with current owners operating for more than 17 years with plans to continue. This sale is for 3,200 sq ft restaurant building only, owner will retain adjacent strip center and associated subdivided land. Restaurant furniture, fixtures and equipment negotiable with owner assistance to new owners possible. Excellent financials available to qualified investment buyer or owner operator.

Very loyal customer base and high traffic counts at this location near Tennessee/Virginia state line along the Hwy 23 Holston River bridge. Don't miss the opportunity to become part of this expanding area of the Tri-Cities!

Additional Details

Nearest MSA: Kingsport-Bristol
County: Scott
Tax ID/APN: 167 A 32

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 19,341 52,103
Median Age: 42.26 43.52
Households: 8,465 22,868

Contact

© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.