370 Tennessee 304 Decatur, TN 37322
4,080 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Approx. Sqft 0.95
Square Footage 4,080 sqft
Price per Sqft $194
MLS Listing ID 20262870
Construction Status Functional,Updated/Remodeled
Year Built 1973
Annual Tax Amount $833
Lot Size 0.950 Acres
Acres 0.95
Property Sub-Type Business
Source River Counties Association of REALTORS®
Property Description
Have you ever dreamed of owning a thriving sports bar in East Tennessee? Here's your chance. Pleasure Isle has been a beloved community destination for more than 20 years and was recently revitalized into a successful sports bar, restaurant, and local gathering place. Located near beautiful Watts Bar Lake, this fully operational business is being offered as a true turn-key opportunity, including equipment, inventory, and additional income-producing living quarters.
The 2,400-square-foot commercial building features a fully equipped sports bar, kitchen, general store, indoor and outdoor seating, updated electrical and plumbing systems, security system, paved parking, and multiple coolers and food service stations. Everything needed to continue operations is included, allowing a new owner to step in and start generating revenue immediately.
Adding to the value are two detached apartment units totaling 1,680 square feet. One finished 2-bedroom, 1-bath apartment is currently rented for $1,000 per month, providing immediate rental income, while the second unit offers additional storage or future renovation potential.
Property Highlights:
Established sports bar and grill with loyal customer base
General store and retail component
Prime location near Watts Bar Lake
2,400 SF commercial building
Fully equipped kitchen and bar included
Updated wiring, plumbing, and 400-amp electrical service
Indoor and outdoor seating areas
Security system and paved parking
Additional detached apartment currently generating $1,000/month
Inventory included
Turn-key operation ready for immediate ownership
Whether you're an investor, entrepreneur, or owner-operator seeking a live-work opportunity, Pleasure Isle offers multiple income streams and significant upside potential in one of East Tennessee's most desirable recreational areas.
Location
State TN
County Meigs
Zoning Commercial
Direction From Highway 68, headed West, make a right on State Highway 304 The Sports Bar will be on your right on the corner of State Highway 304 and Peakland Rd. No Sign on property.
Body of Water Watts Bar
Interior
Interior Features Wired for Sound, Wired for Data, Open Floorplan, High Speed Internet, High Ceilings, Bar, Cathedral Ceiling(s), Ceiling Fan(s)
Heating Central
Cooling Central Air
Flooring Concrete
Appliance Other, See Remarks, Electric Cooktop, Electric Oven, Electric Range, Freezer, Indoor Grill, Induction Cooktop, Microwave, Refrigerator
Exterior
Parking Features Parking Lot, Asphalt
Fence None
Utilities Available Water Connected, Electricity Connected, Cable Connected
Roof Type Metal,Pitched
Accessibility Accessible Common Area, Accessible Entrance
Total Parking Spaces 20
Building
Lot Description Level, Corner Lot
Dwelling Type Free Standing Building
Foundation Slab
Lot Size Range 0.95
Sewer Septic Tank
Water Public
New Construction No
Construction Status Functional,Updated/Remodeled
Schools
Elementary Schools Meigs North
Middle Schools Meigs County
High Schools Meigs County
Others
Tax ID 019 059.01
Miscellaneous Turn-Key Investment Opportunity - Established Sports Bar & Grill, General Store & Income-Producing Apartment Near Watts Bar Lake Have you ever dreamed of owning a thriving sports bar in East Tennessee? Here's your chance. Pleasure Isle has been a beloved community destination for more than 20 years and was recently revitalized into a successful sports bar, restaurant, and local gathering place. Located near beautiful Watts Bar Lake, this fully operational business is being offered as a true turn-key opportunity, including equipment, inventory, and additional income-producing living quarters. The 2,400-square-foot commercial building features a fully equipped sports bar, kitchen, general store, indoor and outdoor seating, updated electrical and plumbing systems, security system, paved parking, and multiple coolers and food service stations. Everything needed to continue operations is included, allowing a new owner to step in and start generating revenue immediately. Adding to the value are two detached apartment units totaling 1,680 square feet. One finished 2-bedroom, 1-bath apartment is currently rented for $1,000 per month, providing immediate rental income, while the second unit offers additional storage or future renovation potential. Property Highlights: Established sports bar and grill with loyal customer base General store and retail component Prime location near Watts Bar Lake 2,400 SF commercial building Fully equipped kitchen and bar included Updated wiring, plumbing, and 400-amp electrical service Indoor and outdoor seating areas Security system and paved parking Additional detached apartment currently generating $1,000/month Inventory included Turn-key operation ready for immediate ownership Whether you're an investor, entrepreneur, or owner-operator seeking a live-work opportunity, Pleasure Isle offers multiple income streams and significant upside potential in one of East Tennessee's most desirable recreational areas.
Security Features 24 Hour Security,Fire Alarm
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://youtube.com/shorts/bC-dESrEMzU
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