Ft Henry Drive Redevelopment Site - NEW LOWER PRICE

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: $599,000
Unit Price: $57.05 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/17/2022

Overview / Comments

NEW LOWER PRICE! Excellent 1.15 acre commercial site primed for redevelopment directly on busy Ft. Henry Drive in Kingsport. Property consists of four lots currently Greenwood Motel and rental housing. Property fronts both Ft. Henry Drive and Memorial Court with easy access from either. Adjacent to BB & T Bank on one side and Walgreens and Jiffy Lube on the other. Great traffic counts and high visibility on Ft. Henry drive between Kingsport Town Center mall and Eastman Road intersection. Ideal for redevelopment to new retail, service business, office or other commercial development. Contact agent to discuss options.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 082061EH00500

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,783 36,599 75,603
Median Age: 44.37 44.07 43.91
Households: 3,622 16,254 32,680
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