$650,000
Bristol, TN 37620
MLS# 9961555
Status: Closed
2161 sqft

1 / 29
Property Description
Here is your opportunity for an established turn-key restaurant with a strong customer base, excellent location, and tremendous potential for growth. After many years of serving the residents of Bristol and beyond the owner's at Price's Too restaurant are retiring and selling the real estate and business in one package. This property is strategically located on Highway 421 near South Holston River and Lake. The casual dining restaurant offers country cooking at it's finest and includes all the restaurant equipment, furniture, point of sale devices, recipes and more. PNL statements show a solid revenue stream and potential for more revenue with a recently remodeled bar area that is complete but yet to be opened for evening revenue. The building offers 2161 sq ft if finished space with approximately 1600 sq ft of dining space. There are approximately 22 parking spaces and the lot is .84 acres with room to expand if needed. Current owner's and employees are willing to stay on during the transition of new ownership. Current hours of operation are Monday-Saturday 530am-6pm serving breakfast, lunch and dinner. There is limited competition for dining options in the South Holston Lake area and this restaurant has created a strong customer base with very little advertising. This is a great opportunity for someone looking to get into the restaurant business. Currently the restaurant has a beer and liquor license as well. Check this rare opportunity out today. No sign on property, please do not disturb employees or customers. Buyer/Buyer's agent to verify all information.
Details
Maps
Location, Tax & Legal Info
Lot #: 1
Parcel ID: 055b C 017.00
Deed Book #: 3421
Deed Page #: 2336
City Taxes: 0
County Taxes: 1166.53
Contract Info
List Price/SqFt: 300.79
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 650000
Current Price: $650,000
Listing Date: 2024-02-02
General Property Description
Road Frontage Length: 177
Acres: 0.84
Lease: No
Lot Size: 177x230
Zoning: B-3
HOA Y/N: No
Total SqFt Finished: 2161
Total SqFt Unfinished: 0
# Parking Spaces: 22
# Restrooms: 2
Annual Lease $: 0
Year Built: 1995
Total SqFt: 2161
Remarks & Misc
Public Remarks: Here is your opportunity for an established turn-key restaurant with a strong customer base, excellent location, and tremendous potential for growth. After many years of serving the residents of Bristol and beyond the owner's at Price's Too restaurant are retiring and selling the real estate and business in one package. This property is strategically located on Highway 421 near South Holston River and Lake. The casual dining restaurant offers country cooking at it's finest and includes all the restaurant equipment, furniture, point of sale devices, recipes and more. PNL statements show a solid revenue stream and potential for more revenue with a recently remodeled bar area that is complete but yet to be opened for evening revenue. The building offers 2161 sq ft if finished space with approximately 1600 sq ft of dining space. There are approximately 22 parking spaces and the lot is .84 acres with room to expand if needed. Current owner's and employees are willing to stay on during the transition of new ownership. Current hours of operation are Monday-Saturday 530am-6pm serving breakfast, lunch and dinner. There is limited competition for dining options in the South Holston Lake area and this restaurant has created a strong customer base with very little advertising. This is a great opportunity for someone looking to get into the restaurant business. Currently the restaurant has a beer and liquor license as well. Check this rare opportunity out today. No sign on property, please do not disturb employees or customers. Buyer/Buyer's agent to verify all information.
Directions: Take Virginia Ave to Highway 421, Restaurant on Left.
Property Condition
Above Average: 1
Business Type
Restaurant: 1
Exterior Finish
Stone: 1
Other Equipment
Freezer: 1
See Remarks: 1
Roof
Metal: 1
Road Access
Highway: 1
Electric Service
220 Volts: 1
Development Status
See Remarks: 1
Heating
Heat Pump: 1
Info Available
Profit/Loss Statement: 1
See Remarks: 1
AC
Heat Pump: 1
Water
Public: 1
Sewer
Septic Tank: 1
Restrictions
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
See Remarks: 1
Location Tax Legal Info
Street #: 3529
Street Name: Highway 421
County: Sullivan
State/Province: TN
Zip Code: 37620
Area: 104 - Bristol TN (County)
Status Change Info
Date Pending: 2024-02-18
Sold Date: 2024-03-22
Sold Price: $650,000
Property Features
Property Condition: Above Average
Business Type: Restaurant
Exterior Finish: Stone
Other Equipment: Freezer; See Remarks
Roof: Metal
Electric Service: 220 Volts
Development Status: See Remarks
Heating: Heat Pump
AC: Heat Pump
Water: Public
Sewer: Septic Tank
Road Access: Highway
Info Available: Profit/Loss Statement; See Remarks
Restrictions: See Remarks
Financing: Cash; Conventional
Sale Includes: See Remarks
Listing Office: REMAX Results Bristol
Last Updated: February - 26 - 2026
Information deemed reliable but not guaranteed.