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523 Louisville Rd Alcoa, TN 37701

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For Sale
$1,600,000

Well-maintained restaurant property with drive-thru and included equipment.

Lot size:
0.76 Acres

Property Features for 523 Louisville Rd

General Information

Lot size
0.76 Acres

Source: LeConte Realty, LLC Agent Daniel Monat

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Former Restaurant Opportunity For Sale

This well-maintained property, formerly a Lee's Famous Recipe restaurant, operated as a restaurant for over 40 years. It includes interior storage, a storage shed, three walk-ins (one freezer), restrooms, a manager's office, a drive-thru window, a kitchen, and a prep area. The property has 36 parking spaces for the available 76 seats and a 1,500-gallon grease tank/trap. Included in the sale are seating booths and tables, window blinds, a POS system, kitchen equipment, reach-ins, some serving equipment, office furniture, shelving, and a drive-thru menu board and speaker. The location is adjacent to the Hamilton Crossing Shopping Center, with a traffic count of over 16,000 and easy in/out access. The property presents an opportunity to apply for the Lee's Famous Recipe franchise or implement another concept/brand. This location generated over $2.0M in revenue for the operator.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Lee's Famous Recipe ... Chicken Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Deli Fornia, City Farms Charcuterie

Location Insight

  • Map
  • Local Demand
City
Alcoa
County
Blount
State
Tennessee
Longitude
-83.9839685
Latitude
35.7699105

FAQs

What type of property is this?
Restaurant - Well-maintained restaurant property with drive-thru and included equipment.
Where is this restaurant located?
The property is located at 523 Louisville Rd Alcoa, TN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Former restaurant location with a proven track record of $2.0M+ revenue.; - Well-maintained property with existing restaurant infrastructure: **kitchen, prep area, drive-thru, walk-ins, and grease trap.**; - Includes all furniture, fixtures, and equipment (FF&E) such as **seating, POS system, kitchen equipment, and drive-thru menu board.**
More about this property
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