3060 Tn-21 Tiptonville, TN 38079
This exceptional turn-key bar and restaurant, Stump Jumpers Resort, is situated on a spacious 4-acre lot in Tiptonville, Tennessee, just off the banks of Reelfoot Lake. Built in 2004, the 1,400 square foot establishment boasts a full-service kitchen, a ready-to-open bar, and a complete DJ/karaoke setup, ensuring immediate operational readiness for new ownership. The property's prime location near Reelfoot Lake and the Tennessee River, renowned for waterfowl and fishing, presents a unique opportunity within a thriving tourism destination. The existing building includes a versatile office area, potentially suitable for a resort office, bait and tackle shop, or other complementary business. Additionally, a cabin on the property offers potential for expansion into a bed and breakfast or rental units, generating additional revenue streams. The asking price is $550,000, translating to $392.86 per square foot. This presents a significant opportunity for expansion and growth in a state with no income tax. The property's size and location offer considerable potential for future development, making it an attractive investment in a popular Tennessee tourism area. The address is 3060 TN-21, Tiptonville, TN 38079.
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Implied · in-place · derived from last sale + estimated NOIValue
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