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: 11/4/2020

Overview / Comments

Located adjacent to new Food City Shopping Center development and proposed Abingdon Sports Complex. Property currently has attractive restaurant facility with modern furnishings in it's large dining area with appealing bar. See video tour and attached for details and Site Survey. 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! On Cummings Street at I-81, Exit 17 interchange, this property also joins Washington Crossings shopping center which includes Magic Mart, H&R Block and ABC Supply. Cummings Street is main commuter route from I-81 into historic downtown Abingdon with Barter Theatre, Martha Washington Inn and The Tavern restaurant.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Washington
Tax ID/APN: 30793

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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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