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408 Elk Avenue

Elizabethton, TN 37643
  • $459,900
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 9941848
UPDATED: 10 min ago
$459,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,820
    SQFT
  • $253
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1926
County:

School Ratings & Info

Description

Purchase the Southern Restaurant, a staple of downtown Elizabethton, Tennessee. This award-winning restaurant sits on the first block of downtown on Elk Street, amidst a growing and thriving corridor. As economic development increases in this area. future values for buildings are rising. This restaurant location has been part of it for over a century. Known for their breakfasts, friendly staff, and southern cooking, the southern is being sold as a turnkey business, to include staff, theme, equipment, current food stores, and the building. Restaurant concept can be kept, or altered to fit the vision of new owners. Restaurant can seat 74, has outdoor dining, and is clean, well established, and renovated. Cap ex expenditures have included: new sewer line, dining room floor, new HVAC unit, grill, bathroom renovation. Please ask agent about P&L, current sales, and inventory. All info to be verified by buyer or buyer's agent.

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© 2022 Tennessee/Virginia Regional 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2022-10-01T21:00:26.86.
www.house2homesearch.com/homes/131940115
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408 Elk Avenue Elizabethton, TN 37643

  • Price: $459,900
  • Status: Active
  • On Site: 53 Days
  • Updated: 10 min ago
  • MLS #: 9941848
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,820
SQFT
$253
$/SQFT
1926
Built
Neighborhood:
City Of Elizabethton
County:
Carter
Area:
City Of Elizabethton
Property Description
Purchase the Southern Restaurant, a staple of downtown Elizabethton, Tennessee. This award-winning restaurant sits on the first block of downtown on Elk Street, amidst a growing and thriving corridor. As economic development increases in this area. future values for buildings are rising. This restaurant location has been part of it for over a century. Known for their breakfasts, friendly staff, and southern cooking, the southern is being sold as a turnkey business, to include staff, theme, equipment, current food stores, and the building. Restaurant concept can be kept, or altered to fit the vision of new owners. Restaurant can seat 74, has outdoor dining, and is clean, well established, and renovated. Cap ex expenditures have included: new sewer line, dining room floor, new HVAC unit, grill, bathroom renovation. Please ask agent about P&L, current sales, and inventory. All info to be verified by buyer or buyer's agent.
Exterior Features

Exterior Finish Brick Lot Size 1820 Sq Ft Number Parking Spaces 0 Road Access City Street Roof Shingle

Interior Features

Ac See Remarks Heating Central Total Sqft Finished 1820.00 Total Sqft Unfinished 0.00

Property Features

Annual Lease Amount 0.00 Auction No Business Type Restaurant City Taxes 0.00 Complex Ind Park Southern Restaurant County Taxes 0.00 Development Status Infrastructure In Electric Service Other Existing Finance Other Financing Cash Foreclosure No Info Available LeasesSee Remarks Other Equipment Display WindowFreezerInside StorageMachineryRangeRefrigerator Property Condition Above Average Restrictions Other Sale Includes See Remarks Sewer Public Sewer Short Sale No Water Public Zoning Commercial

Listing information © 2022 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Jay Goodson of Remax Checkmate, Inc. Realtors: (423) 282-0432.



© 2022 Tennessee/Virginia Regional 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2022-10-01T21:00:26.86.
 
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