For Sale
$315,000

68 Morgan CirPetersburg, TN 37144

Established Restaurant, Hwy 431 Frontage, Petersburg, TN

Overview

Added:
Feb 3
Days on market:
61
This thriving restaurant, Crossroads Mealhouse, presents a unique opportunity for ownership in Petersburg, TN. Located on Highway 431, the property boasts approximately 400 feet of road frontage, ensuring high visibility and accessibility. The 1,800 square foot building sits on a 0.52-acre lot and comfortably seats 69 patrons. Included in the sale are most of the restaurant's equipment, tables, chairs, dishes, and some inventory. The option to acquire the established restaurant name is also available. Note that some items belong to vendors and are not included. The property features two HVAC units, one of which is only three years old, providing efficient climate control. Additional features include a 12x5 storage closet and two half-bathrooms. A stainless steel hot bar and cold bar, housed in a storage container, are also part of the sale. The property's leasehold items include a dumpster, propane tank, and grease catcher. This turnkey operation is priced at $315,000 and offers immediate potential for continued success.

Property Details for 68 Morgan Cir

Property type
Retail properties
Square Feet
1,800 SF
Year Built
2012
Lot Size (sq. ft)
22,651 SF

Location Insight

City
Petersburg
County
Lincoln County, TN
State
Tennessee
Latitude
35.29767
Longitude
-86.63263
68 Morgan Cir, Petersburg, Tennessee

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68 Morgan Cir
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