former Thompson TV

Retail-Commercial for Sale
Catylist Listing ID: 30137468
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Vehicle Related, Other
Building Size (RSF): 3,300 SF
Gross Land Area: 0.29 Acres
Sale Price: $179,900
Unit Price: $54.52 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 3,300 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/30/2017

Overview / Comments

Located at the corner of Bluff City Hwy and Holston View Drive this convenient and well built property offers two buildings, one with all the amenities of a retail space or easily converted to an office space as it's a clear span building with multiple doors for access, and climate controlled via an electric heat pump.

At the rear of the main building (2,100 sq ft) lies a storage building with electricity which has 9 feet clearance and is open and contains 1,200 sq ft.

Both buildings are in excellent condition, the office/showroom has an architectural shingle with about 20 years remaining on the warranty, and the storage building has metal roof.

The showroom/office was built in 1986 and the warehouse was completed by 1996. The showroom has two restrooms and break area in the back of the office portion with 200 Amp service in this building and 100 Amp service in the storage building.

With high traffic counts on Bluff City Hwy, this is a great location for many business opportunities and expansions. Call today for your private and confidential showing.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Taxing Authority: Sullivan County
Tax ID/APN: 037K A 035.00
Zoning: B-3
Retail Clientele: General, Business
Property Located Between: Bluff City Hwy and Volunteer Parkway
Property Visibility: Excellent
Largest Nearby Street: Bluff City Hwy
Highway Access: The front has access from Bluff City Hwy and the has access from Holston View Drive which creates a corner on Bluff City Hwy.
Airports: TRI - Tri Cities Regional Airport; Highlands Community Airport
Site Description: Level lot along Bluff City Hwy, west side of property slopes down to the road and provides a smooth access point for the warehouse as well as the retail portion.
Area Description: Commercial Business area on Bluff City Hwy next to the former Hill's and Food City locations with good traffic and excellent visibility.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 2,100 SF
Property Condition: Good
Year Built: 1989
Year Renovated: 1994
Roof Type: Flat
Construction/Siding: Metal Siding, Wood Frame
Exterior Description: Stained T-100 Siding on the Retail/Office building, with the storage building being stee.
Total Parking Spaces: 12
Parking Type: Surface
Parking Description: Asphalt and gravel parking
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Wall Units, Heat Pump
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Satellite, T1/T3, Gigabit
Interior Description: Retail/Office building is clear span and would be very easy to convert to a multitude of other uses. The Storage building is clear span and unfinished with 9' clearance and no HVAC.
Zoning Description: B-3 Zoning
Lot Frontage: 84'
Lot Depth: 150'
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Easements Description: normal easements for water/power/sewer services.
Land Ownership: Fee Simple
Legal Description: Upon Request.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,512 29,506 56,537
Median Age: 42.61 42.49 42.36
Households: 716 12,638 24,343


Photograph of Listing Agent

Richard S. Armstrong, III

TCI Group - Lowry & Foster, Inc. NETAR CMLS Member
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