4384 Nashville Hwy, Chapel Hill, TN 37034

$1,400,000

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List Price
$1,400,000
Status
ACTIVE
MLS#
3545687
Days on Market
0
Lot Size
43,560
Acres
1
County
Marshall County

Property Description

Prime location on the corner of one of the highest traffic counts in the north end of the county, Real estate is location, location, location & this is it! Property currently has 3 thriving businesses on it. Continue to lease 2 & run your own or lease all 3 out for some great cash flow. Some of the many improvements made by current owners include: Restaurant electrical has been upgraded, partial roof replacement, water heater replaced on north side & tankless installed on pizza side, also added plumbing to pizza side, repaved parking lot, mini-split a/c added to pizza side, There is the possibility to have a 4th area of it leased. There is a part of the building not currently rented out or used that has its own entrance & would make great office space. All preexisting AC units have new condensers, GIANT 2 door walk-in cooler with CO2 beer lines added, Natural gas has also been added to the property, enclosed the hallway between buildings providing extra storage space & added a 2nd entrance to the pizza side, installed a 3 phase inverter & purchased the 2nd lot to add parking & value! Property is on septic but sellers have already paid for a sewer tap that has not been installed because current septic works good & they haven't needed it. Please do not bother or ask question of the current tenants or business. Showings can be scheduled during off hours at your convenience. Restaurant equipment is not included in sale but could be purchased at an additional cost. Buyer could keep running as a pizzeria if they desired but would need to change the name as they have another location. Financials can be shared after proof of funds is provided & a non disclosure is signed. Sale includes 2 parcels. 4384 Nashville Hwy & 4394 Nashville Hwy. 4384 Nashville Hwy can be purchased by itself but 4394 will not be sold unless 4384 has already sold. A rare opportunity to own a successful cash cow! The Polar Ice Station is non-operational. All business Remain Open for Business!

Additional Information

Subtype
Retail
Year Built
1971
Zoning
commercial
Type
Commercial

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of REMAX David Jent Realty.

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