128 Bank Street

    Tellico Plains, TN 37385
    • $987,500
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: 20196289
    UPDATED: 56 min ago
    $987,500
    • 0
      BEDS
    • 0.55
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,442
      SQFT
    • $404
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1976
    County:

    School Ratings & Info

    Description

    A well known restaurant with a reputation for reasonably priced, fresh food, prepared by a professional chef, located in an area popular with tourists, motor cyclists, hikers, kayakers, and with a good local business. Owner has been very actively involved in this full service restaurant for over 20 years now, and is ready for some changes. A recent beer license will increase revenue, however, it's still a new addition, so not much history yet. Open 7 days a week for lunch and dinner. Visible from Highway 68 and Cherohala Skyway - the 2 main thoroughfares in this town on the edge of Cherokee National Forest - known as the Little Town with the Big Back Yard. Serious inquiries only, please.

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    © 2019 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mark Hite Team. Data last updated: 2019-11-21T16:47:30.79.
    www.markhitehomes.com/homes/100297019

    128 Bank Street Tellico Plains, TN 37385

    • Price: $987,500
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 20196289
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.55
    Acres
    2,442
    SQFT
    $404
    $/SQFT
    1976
    Built
    Neighborhood:
    Monroe County
    County:
    Monroe
    Area:
    Monroe County
    Property Description
    A well known restaurant with a reputation for reasonably priced, fresh food, prepared by a professional chef, located in an area popular with tourists, motor cyclists, hikers, kayakers, and with a good local business. Owner has been very actively involved in this full service restaurant for over 20 years now, and is ready for some changes. A recent beer license will increase revenue, however, it's still a new addition, so not much history yet. Open 7 days a week for lunch and dinner. Visible from Highway 68 and Cherohala Skyway - the 2 main thoroughfares in this town on the edge of Cherokee National Forest - known as the Little Town with the Big Back Yard. Serious inquiries only, please.
    Exterior Features

    Accessibility Govt. Maintained Road Approx Lot Size 24000 Cooling Type Central Cooling Eave Height 22-30 Feet Estimated Road Frontage 120' Heating Type CentralElectric Land Type Other - See Remarks Location Type Free StandingCity Lodge Type Full Service Material Type Block Misc Features Sprinkler SystemRoof SignFixturesFurnitureCompressorsRest RoomsInventory IncludedThree-Phase Power Parking Asphalt/Blacktop31-75 Spaces Road Frontage City Street Roof Metal Sewer Public Sewer System Structure Condition Very Good Water Source Public Water

    Interior Features

    Sq Ft Range 1000-2999 Water Heater Electric Hot Water

    Property Features

    Approx Lot Dimensions 120'X200' Est Gross Annual Receipt 400000. Estimated Age Range 26-50 Years Estimated Tax $1815.45 Existing Financing Conventional Financing Conventional Lender Approved Short Sale No Owner Finance Available No Possession Negotiable Retail Type RestaurantFree Standing Building Source Tax Record Special Purpose Other - See Remarks Third Party Approval Req No Type Special Purpose Type Of Sale Owner Zoning Local Hwy-Busin

    Listing provided courtesy of Elizabeth Hannan of Skyway Realty Land & Homes.


    © 2019 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mark Hite Team. Data last updated: 2019-11-21T16:47:30.79.
     
    The Mark Hite Team
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    Chattanooga TN, 37408