370 TN-304 - Bar FOR SALE


Decatur, TN 37322
$869,900 USD
423-781-1160
370 TN-304, Decatur, TN for Sale
$869,900 USD
Bar - FOR SALE
1/1
null | 1.38% Cap Rate

370 TN-304
Decatur, TN 37322


HIGHLIGHTS

  • Established sports bar and grill with a loyal customer base and strong local presence.
  • Fully equipped kitchen and bar with complete inventory and security system included in sale.
  • Features 400-amp electrical service, updated wiring, and upgraded plumbing for operational readiness.
  • Offers income-producing apartments totaling 1,680 square feet, with one currently leased at $1,000 per month.
  • Situated near Watts Bar Lake, leveraging recreational traffic and community demand.

OVERVIEW

Turn-Key Investment Opportunity - Established Sports Bar & Grill, General Store & Income-Producing Apartment Near Watts Bar Lake Have you ever dreamed of owning a thriving sports bar in East Tennessee? Here's your chance. Pleasure Isle has been a beloved community destination for more than 20 years and was recently revitalized into a successful sports bar, restaurant, and local gathering place. Located near beautiful Watts Bar Lake, this fully operational business is being offered as a true turn-key opportunity, including equipment, inventory, and additional income-producing living quarters. The 2,400-square-foot commercial building features a fully equipped sports bar, kitchen, general store, indoor and outdoor seating, updated electrical and plumbing systems, security system, paved parking, and multiple coolers and food service stations. Everything needed to continue operations is included, allowing a new owner to step in and start generating revenue immediately. Adding to the value are two detached apartment units totaling 1,680 square feet. One finished 2-bedroom, 1-bath apartment is currently rented for $1,000 per month, providing immediate rental income, while the second unit offers additional storage or future renovation potential. Property Highlights: Established sports bar and grill with loyal customer base General store and retail component Prime location near Watts Bar Lake 2,400 SF commercial building Fully equipped kitchen and bar included Updated wiring, plumbing, and 400-amp electrical service Indoor and outdoor seating areas Security system and paved parking Additional detached apartment currently generating $1,000/month Inventory included Turn-key operation ready for immediate ownership Whether you're an investor, entrepreneur, or owner-operator seeking a live-work opportunity, Pleasure Isle offers multiple income streams and significant upside potential in one of East Tennessee's most desirable recreational areas.

FOR SALE DETAILS

PRICE

$869,900 USD

PRICE/SF

$362 USD /SF

CAP RATE

1.38%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Convenience Store, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,003 SF

ZONING

-

APN/PARCEL ID

042C-B-010.01

ASK ABOUT THIS PROPERTY

Melody McNeillCentury 21 LegacyMore Info
423-781-1160

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Melody McNeillCentury 21 LegacyMore Info
423-781-1160

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.