18898 US Highway 58
Retail-Commercial
for Sale
| Catylist Listing ID: |
30786736 |
| Property Subtypes: |
Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Restaurant, Street Retail
|
| Building Size (RSF): |
3,764 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$299,900 |
| Unit Price: |
$79.68 PSF |
| Ceiling: |
10 ft. |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/4/2022 |
Overview / Comments
|
Stop and Shop...burgeoning business location ready to be re-established and suitable for many alternate uses. Direct access to US Alt 58 E and a turn median/cross-over from US Alt 58W make this property easily accessible from both directions of the highway. Combination of steel frame and joined structures combined for ample retail and supporting storage space. The facility offers a breakroom or office area. The property has paved parking and room for further development.
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Russell |
| Taxing Authority: |
Russell County |
| Tax ID/APN: |
10182 |
| Zoning: |
NONE |
| Retail Clientele: |
General, Business, Traveler, Tourist, Recreation |
| Largest Nearby Street: |
US Alternate 58 |
| Traffic/Vehicle Count: |
9,700 |
| Highway Access: |
Direct access to US Alt 58 East (4-laned highway) |
| Airports: |
Public airports in Wise and Abingdon, Virginia |
| Site Description: |
Approximately 0.7 acre lot with direct access to US Alt 58E. Paved lot with grassy area with potential additional parking development. |
| Area Description: |
Rural area with agriculture, limestone quarrying, energy industries, and outdoor recreational activities (ATV trails nearby and Clinch River State Park). |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
3,764 SF |
| Property Condition: |
Fair |
| Year Built: |
1965 |
| Construction/Siding: |
Wood Frame |
| Exterior Description: |
Adaptive business use and repurpose. |
| Total Parking Spaces: |
20 |
| Parking Ratio: |
5.3 (per 1000 SF) |
| Parking Type: |
Surface |
| Parking Description: |
Paved |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Other |
| Internet Access: |
Cable |
| Interior Description: |
Formerly used as a convenience store |
| Zoning Description: |
None |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Electric Lines, Utilities |
| Land Ownership: |
fee simple |
| Legal Description: |
Tax Map 156 L ILE 3336
Deed Book 346 Page 461 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
1,678 |
7,460 |
| Median Age: |
43.16 |
43.79 |
| Households: |
686 |
3,132 |
|
© Copyright 2001-2022 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Northeast Tennessee Association of REALTORS® nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
