Ft Henry Drive Redevelopment Site
Retail-Commercial
for Sale
Also listed as Vacant Land, Hospitality
| Catylist Listing ID: |
28697313 |
| Property Subtypes: |
Free-Standing Building, Street Retail, Vehicle Related, Other
|
| Building Status: |
Proposed |
| Building Size (RSF): |
10,500 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.15 Acres
|
| Sale Price: |
$699,000 |
| Unit Price: |
$66.57 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/9/2019 |
Overview / Comments
|
MAJOR PRICE DROP! Excellent 1.15 acre commercial site primed for redevelopment on busy Ft. Henry Drive thoroughfare. Property consists of four lots currently Greenwood Motel and rental housing. Western edge is contiguous with BB & T Bank and eastern boundary contiguous with Walgreens and Jiffy Lube. Great traffic counts with over 18,000 vehicles per day passing this location. High visibility on Ft. Henry drive between Kingsport Town Center mall and Eastman Road intersection. Ideal for retail, service, or other commercial development.
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol-Bristol |
| County: |
Sullivan |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,783 |
36,599 |
73,447 |
| Median Age: |
44.37 |
44.07 |
43.79 |
| Households: |
3,622 |
16,254 |
31,849 |
|
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Neither Northeast Tennessee Association of REALTORS® nor
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