$520,000
Union City, TN 38261
MLS# 414321
Status: Closed
10175 sqft
1 / 36
Property Description
10,290 SF RESTAURANT BUILDING as the former RYAN'S FAMILY STEAKHOUSE, in Union City, OBION County, Tenn.; on 1.88 acres of land, with parking, on the main hwy on west-side of town. Equipment property includes, but not limited to, ovens, stoves, refrigeration, mixers, drink stations, dishwasher, stainless sinks, counters, tables/chairs/booths, buffet serving bins,refrigerators/freezer, cook stoves, fryers, butcher's equipment, more. Land Tax Appraisal: $399k, Tax Appraisal Improvements: $800k, Total Tax Appraisal: $1.4 million. Extra rooms include foyer, special meeting/dining areas, restrooms, manager's office, storage areas, pantries. Seller is offering the property for less than half of appraised tax value. This space is great for retail, furniture/mattress store. ###
Details
Maps
Documents
Location, Tax & Legal Info
Unit #: 1
Parcel ID: 059 010.00
Deed Book #: 31
Deed Page #: 3851
City Taxes: 11902.65
County Taxes: 9082.3
Contract Info
List Price/SqFt: 58.87
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 599000
Current Price: $520,000
Listing Date: 2018-10-29
General Property Description
Acres: 1.88
Lot Size: 81892
Zoning: BUSINESS
Stories: 1
Total SqFt Finished: 10175
Total SqFt Unfinished: 0
# Parking Spaces: 55
# Restrooms: 4
Annual Lease $: 0
Year Built: 1999
Total SqFt: 10175
Remarks & Misc
Directions: GPS: 1225 W REELFOOT LAKE PARKWAY.
Property Condition
Above Average: 1
Business Type
Church: 1
Office/Showroom: 1
Professional/Office: 1
Restaurant: 1
Retail: 1
Showroom: 1
Exterior Finish
Brick: 1
Stucco: 1
Other Equipment
Dishwasher: 1
Disposal: 1
Exterior Lights: 1
Freezer: 1
Furniture: 1
Gas Grill: 1
Lighting-Fluorescent: 1
Lighting-Incandescent: 1
Loading Dock(s): 1
Pole Sign: 1
Refrigeration: 1
Security System: 1
Roof
Shingle: 1
Road Access
Highway: 1
Township Road: 1
Electric Service
220 Volts: 1
Development Status
Finished Lot(s): 1
Other: 1
See Remarks: 1
Heating
Heat Pump: 1
Natural Gas: 1
Info Available
Aerial: 1
Deed Restrictions: 1
Survey: 1
AC
Central Air: 1
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
Deed: 1
Easements
None: 1
Financing
Cash: 1
Conventional: 1
Existing Finance
None: 1
Sale Includes
Fee Simple: 1
Location Tax Legal Info
Street #: 1225
Street Name: REELFOOT
St Suffix: Avenue
County: Out Of Area
State/Province: TN
Zip Code: 38261
Area: 599 - Out of Area
Status Change Info
Date Pending: 2019-03-01
Sold Date: 2019-03-26
Sold Price: $520,000
Property Features
Property Condition: Above Average
Business Type: Church; Office/Showroom; Professional/Office; Restaurant; Retail; Showroom
Exterior Finish: Brick; Stucco
Other Equipment: Dishwasher; Disposal; Exterior Lights; Freezer; Furniture; Gas Grill; Lighting-Fluorescent; Lighting-Incandescent; Loading Dock(s); Pole Sign; Refrigeration; Security System
Roof: Shingle
Electric Service: 220 Volts
Development Status: Finished Lot(s); Other; See Remarks
Heating: Heat Pump; Natural Gas
AC: Central Air; Heat Pump
Water: Public
Sewer: Public Sewer
Road Access: Highway; Township Road
Info Available: Aerial; Deed Restrictions; Survey
Restrictions: Deed
Easements: None
Financing: Cash; Conventional
Existing Finance: None
Sale Includes: Fee Simple
Property Disclosure 
Listing Office: Greeneville Real Estate & Auction Team
Last Updated: September - 26 - 2020
Information deemed reliable but not guaranteed.