Former Diner in Heart of Oak Ridge!

Retail-Commercial for Sale
Catylist Listing ID: 30857994
Property Subtypes: Restaurant
Building Size (RSF): 4,701 SF
Gross Building Area: See Agent
Sale Price: $700,000
Unit Price: $148.90 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: Former Time Out Diner
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/10/2023

Overview / Comments

Fantastic investment opportunity for a restaurant owner/user! This building was home to a long-time local favorite diner and is still in ideal condition for a similar concept. All previous furnishings and kitchen equipment are in the space and in good working condition.

With ease of access to enter and exit, this building is seated in the heart of Oak Ridge. Less than 5 minutes away from the main highway of Oak Ridge and shares a parking lot with several popular businesses.

This is a Sale or Lease Opportunity. Leasing details can be found here:

Additional Details

Nearest MSA: Knoxville
County: Anderson
Tax ID/APN: 001105AB01500
Retail Clientele: General, Family, Business, Traveler, Tourist
Largest Nearby Street: Oak Ridge Turnpike
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1971
Year Renovated: 2018

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,416 20,275 32,468
Median Age: 36.26 40.77 42.95
Households: 2,275 8,793 14,043


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