Abingdon Cummings Street Commercial Property - VIDEO TOUR
Retail-Commercial
for Sale
| Catylist Listing ID: |
29715471 |
| Property Subtypes: |
Restaurant
|
| Building Size (RSF): |
6,760 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.30 Acres
|
| Sale Price: |
$850,000 |
| Unit Price: |
$125.74 PSF |
| Property Use Type: |
Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/5/2021 |
Overview / Comments
|
LOCATION! GREAT REDEVELOPMENT POTENTIAL! Situated adjacent to new The Meadows retail center and proposed Abingdon Sports Complex. Property currently has 6,760 sq ft restaurant facility on 1.3 acres. Contains modern furnishings in a large dining area with appealing bar. Building roof is 4 year old standing seam roof. Portions of the parking lot repaved and striped in 2011. Also ideal as 1+ acre redevelopment site! Situated near at I-81, Exit 17 interchange, Cummings Street is main commuter route from I-81 into historic downtown Abingdon with Barter Theatre, Martha Washington Inn and The Tavern restaurant. Great growth area with New Food City, Eastman Credit Union, and Holiday Inn Express adjoining property! Call agent to discuss this excellent opportunity!
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Washington |
| Tax ID/APN: |
30793 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
990 |
13,750 |
17,154 |
| Median Age: |
37.22 |
44.64 |
44.26 |
| Households: |
499 |
5,962 |
7,460 |
|
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