22456 Rhea County Hwy 4,200 SF Retail Building Spring City, TN 37381 $575,000 ($136.90/SF)

WINSTEAD’S AMERICAN GRILL & KING OF PIZZA
Spring City, Tennessee
Keller Williams Commercial is pleased to present the exclusive offering of a long-standing, income-producing restaurant property located adjacent to the Grand Hotel in Spring City, Tennessee (Rhea County). Home to Winstead’s American Grill & King of Pizza, this well-established local favorite has been operating for over 32 years and currently generates $48,000 in annual rental income.
Strategically positioned along Highway 27, Spring City’s primary commercial corridor, the property directly benefits from a built-in customer base drawn from hotel guests, local residents, and regional workers — including crews from the nearby TVA nuclear facility, General Shale Brickyard, and Huber Engineered Woods. Its immediate proximity to Watts Bar Lake, Norfolk Southern Railway, and the Grand Hotel (Spring City’s only lakefront hotel) makes it a prime stop for travelers, fishermen, and long-term contractors alike.
Key Investment Highlights:
• $48,000 annual income from a well-established restaurant tenant
• Home to Winstead’s American Grill & King of Pizza, serving the community for over 32 years
• Adjacent to the Grand Hotel, a consistent source of guest traffic year-round
• High-visibility location along Highway 27, with excellent accessibility and parking
• Walkable to nearby businesses, a 24-hour convenience store, and residential neighborhoods
• Located in a community experiencing steady residential and industrial growth, including a planned 50+ unit single-family housing development nearby
This is a rare opportunity to acquire a stable, cash-flowing commercial asset with a highly regarded tenant in place. Whether purchased as a standalone investment or packaged with the Grand Hotel, this offering represents a strong addition to any income-producing portfolio.
* RESTAURANT CAN BE PURCHASED ALONG WITH ADJACENT GRAND HOTEL LISTING (PARCEL 031I J 005.00) OR PURCHASED SEPARATELY; HOWEVER IN ANY CONDITION, RESTAURANT SALE MUST OCCUR AFTER SALE OF GRAND HOTEL PER OWNERSHIP REQUEST.