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555 Morrell Springs Rd
Newport, TN 37821
The Grease Rack Restaurant · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Courtyard
- Fenced Lot
- Restaurant
- Security System
- Storage Space
- Air Conditioning
ABOUT 555 MORRELL SPRINGS RD , NEWPORT, TN 37821
OWNERS HEALTH DIMINISHING. LARGE REDUCTION AND WILL ENTERTAIN REASONABLE OFFERS. This family owned restaurant brings back a lot of memories and it is time the remaining family sold. The Grease Rack was established in 1972 and offers a complete operating full service restaurant business along with the real estate. Main bldg. offers 3200 sq ft that offers 4 dining rooms, 4 baths and a full service bar. Kitchen is furnished with all the necessary equipment to carry on with. Recently the owners added an outside seating area along Earl’s Creek. Seating capacity of main bldg. is 110 and outside seating area has ability to accommodate 50 or more. The family for years operated Wed thru Sat 4:30 to 9:00 pm and opened for special occasions. There is tremendous growth potential to expand hrs and days if this is your goal.
PROPERTY TAXES
| Parcel Number | 056G-E-017.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $89,600 |
PROPERTY TAXES
