RedEye Bar & Grill 360 E Andrew Johnson Hwy

360 E Andrew Johnson Hwy , Greeneville, Tennessee, 37745 | 1,500 sq.f | $ 369,000

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About This Restaurant

Investment Highlights

Liquor license conveys and it good up to March 2025 Established bar and grill in the community with regular customers. All Food/beer/liquor inventory convey to the new owners

Executive Summary

Welcome to the Red Eye Bar and Grill - your opportunity to own a thriving business in the heart of Greeneville, TN! This established bar and grill is now for sale, complete with all stock, licenses, a recently updated commercial hood fan, new metal roof and exterior lighting. The 1500 square feet building includes a custom cedar bar top, full bar, full kitchen with fryers, commercial hood vent, stove, 3 compartment sink, freezer, refrigerator, and plenty of seating creating a warm and inviting atmosphere. The liquor license is paid up to March 2025 and is transferrable as well as thousands of dollars of inventory to convey, ensuring a seamless transition for the new owner. The property also includes a 40ft storage container, a user-friendly website, and 8 TVs for entertainment in the bar. The property features both gas and electric heating options, providing flexibility. The exterior boasts a large sign in the front, catching the eye of passersby. With outdoor furniture in the back of the property, patrons can enjoy the Tennessee weather in style. All kitchen appliances and freezers are part of the sale, making it easy for you to step in and continue operations smoothly. Act now to seize this opportunity and take ownership of the Red Eye Bar and Grill - a well-established business with everything you need for success! All information provided herein is deemed reliable but not guaranteed. Prospective buyers and their agents are advised to independently verify the accuracy of all details and conduct their due diligence to ensure satisfaction with the information provided.

Property Details

  • Sale Type    Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    1,500
  • Building Class    C
  • Year Built    1979
  • Price    369,000
  • Price Per SF    246
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.06
  • Land Acres    0.57 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage
  • Storage Space
  • Air Conditioning

Property Taxes

Parcel Number 087P-D-001.02 Improvements Assessment $61,040 (2024)
Land Assessment $75,440 (2024) Total Assessment $2,525 (1.68/SF)
Date Created: 2024-07-16 04:23:38 Last Updated: 2024-07-16 04:23:38
Address: 360 E Andrew Johnson Hwy , Greeneville, Tennessee, 37745