For Sale
$425,000

5307 Middlebrook Pike Knoxville, TN 37921

Established Restaurant, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
135
This well-established Knoxville restaurant, celebrating its 50th anniversary, is available for purchase at $425,000. Located at 5307 N Middlebrook Pike (37921), this 1,260 square foot retail space boasts a prime location and significant upside potential. Currently operating lunch service only, the new owner can expand to breakfast and/or dinner service to increase revenue. The property includes 52 seats and 20 parking spaces. All fixtures, furniture, and equipment (FF&E) and inventory are included in the sale. Recent upgrades include a new 2024 grill and fryer, a recently inspected and cleaned hood system, a rewired freezer, and a complete 2023 electrical system upgrade with a new panel. The HVAC system is still under warranty, and the grease trap is cleaned monthly. The property is zoned I-G and was built in 1920. The APN is 093PC015. The current owner is willing to provide a few weeks of assistance to the new buyer. While all information is believed to be accurate, buyers are advised to verify all details. This is a fantastic opportunity for a restaurant operator to acquire a turnkey operation with a proven track record and substantial growth opportunities.

Highlights

  • Prime location.
  • Established restaurant with 50-year history.

Property Details for 5307 Middlebrook Pike

Property type
Retail properties, Restaurants
Square Feet
1,260 SF
Year Built
1920

Location Insight

City
Knoxville
County
Knox
State
Tennessee
Latitude
35.9574988
Longitude
-84.0032129

FAQs

What type of property is this?
Retail property - Established Restaurant, High Potential
Where is the retail property located?
The property is located at 5307 Middlebrook Pike Knoxville, TN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Prime location.; Established restaurant with 50-year history.;
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5307 Middlebrook Pike
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