3060 Tn-21 Tiptonville, TN 38079
- Retail properties
- 1,400 SF
- 4.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3060 Tn-21
- Year built
- 2004
- Lot size
- 4.00 lot acres
- Property size
- 1,400 SF
- Property type
- Retail properties
- Property subtype
- Bars
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tiptonville
- County
- Lake
- State
- Tennessee
- Longitude
- -89.4292
- Latitude
- 36.3571
