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Retail store in good condition with excellent off street parking. The parking lot was re-paved in 1995. Rent on pawn shop is $3,000 per month. All utilities are responsibility of tenant. The rent goes up 5% next year. The lease runs through 7/31/2016. The roof has a full 20 year warranty (parts & labor). The lease is with a strong national chain.
PRICE REDUCTION $60,000!!! The subject property contains three buildings which includes a sports bar and restaurant and 15 motel rooms. The main building includes a restaurant, bar and pool tables and video game machines. The second building has 6 motel rooms which include three double-double rooms and three one double bed rooms. The third building was designed for extended stay. It has 607 sf which includes a living room, kitchen area, bathroom and two bedrooms. Attached are 5 quarters of Profit and Loss results. The sports bar income has grown 67% from the 4th quarter of 2010 to the 4th quarter of 2011! See the 2012 results in the attached brochure. The restaurant and bar portion of the main building is about 3,000 sf. The restaurant and bar is fully equipped with tables, seating and kitchen equipment and utensils. The Listing agent has a inventory list of the kitchen equipment and also of the motel equipment and supplies. The sales price includes the restaurant equipment but not inventory. All three buildings have new roofs. The equipment list shows about $180,000 equipment. The owners spent about $75,000 when they refurbished the restaurant into a sports bar.
PRICE REDUCED! Don't miss this opportunity! Make an appointment to see this perfectly renovated restaurant/retail/office building in downtown Dunlap. This building has several great upgrades yet still maintains its historical charm. Upgrades include: 2 5 ton HVAC units( 1, 5 years old, the other is 1.5 years old), tank-less water heater, Ansul fire suppression system, all new floor joists, padded kitchen floor, electric heat in dinning area, dumb waiter, cast iron floor drains/cleaning system, CAT 5 Ethernet, completely wired for "point of sale", motion security system, emergency lighting, ADA bathrooms, meets Hamiton County building codes. Upstairs measures 38 x 22 Downstairs measures 58 x 22