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Fri January 10, 2014
Eddie Montgomery's Steakhouse Building Purchased By Bank
A local bank has become the new owner of the shuttered Eddie Montgomery's Steakhouse.
At a Master Commissioner's sale in Mercer County Friday, Central Bank and Trust submitted the sole and winning bid of $4.25 million.
Montgomery, one half of the duo Montgomery Gentry, recently filed for bankruptcy, claiming he's more than $13 million in debt. Much of that comes from his failed restaurant business which he owned with his now ex-wife Tracy Nunan.
The steakhouse abruptly closed last year.