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This Property is Off-Market

1.88 Acres in Obion County

1225 W REELFOOT AVENUE Union City TN 38261  |  Obion County, TN
  • $599,000
  • 1.88 acres

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Listing Status: Off Market
Listing Type: Sale
Property Type(s):
MLS ID: TVARMLS
Irrigated: No
Residence: No
Property ID: 8718473
Property Website

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. ###

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GPS: 1225 W REELFOOT LAKE PARKWAY.

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