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 |
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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