Catylist ID:
#30857994
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: https://www.etnrcre.com/listing/30858030 |
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 |
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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