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1585 Spring Place Rd

2,301 SF Retail Building Cleveland, TN 37311 £399,949 (£174/SF)

Investment Highlights

  • Heavy drive by traffic
  • Established
  • Ready, operating, and positive income producing business

Executive Summary

Open for business and Currently a busy restaurant and grill. This property is near a busy exit, with new growth and expansion near the highway now is your chance to own your own business!!! Don't miss the opportunity to expand, relocate or continue a thriving restaurant, bar, and grill. This building has many updates including but not limited to wiring, (2) 5-ton HVAC systems, plumbing, and roof. All inventory and items will remain. Bring the outdoors in with a new garage door that lifts to invite the beautiful fenced private patio inside!! All patio tables, chairs, umbrellas, and a storage building included.....There is also abundant parking with access from three streets........Don't miss this rare opportunity! Call for a private tour today. Lease Options Available

Property Facts

Sale Type
Investment
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,301 SF
Building Class
C
Year Built/Renovated
1981/2011
Price
£399,949
Price Per SF
£174
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
0.73 AC
Zoning
GC - Commercial
Parking
70 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant

Nearby Major Retailers

Huddle House
First Horizon Bank
Regions Bank
Aldi
Food City
Planet Fitness
Krispy Krunchy Chicken

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
058P-J-017.00
Land Assessment
£23,211
Improvements Assessment
£52,162
Total Assessment
£75,373
  • Listing ID: 27664525

  • Date on Market: 02/02/2023

  • Last Updated:

  • Address: 1585 Spring Place Rd, Cleveland, TN 37311

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