Downtown Kingsport Building With Parking Lot
Office
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: |
30774907 |
| Property Subtypes: |
Executive Suites, Office Building
|
| Building Size (RSF): |
19,220 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$588,000 |
| Unit Price: |
$30.59 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/22/2022 |
Overview / Comments
3-story building with mezzanine level and 0.28-acre parking lot is available for sale at the lighted intersection of W Center St and Shelby St in Downtown Kingsport. The 1st floor includes office space and street-level retail space with a separate storefront entrance. The 2nd and 3rd floors are comprised of multiple suites with common restrooms. The elevator is in good condition and undergoes regular service. The building features 400-amp electrical panel, package rooftop HVAC units and rubber membrane roof.
From I-26: Take exit 1, then travel east on W Stone Dr. In 0.2 miles, turn right onto Fairview Ave. In 0.3 miles, turn left onto W Center St. Subject will be on the left in 1 mile, at the intersection of Shelby St.
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Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Sullivan |
| Tax ID/APN: |
082046IE02000 |
| Zoning: |
B-2 |
| Property Visibility: |
Good |
| Highway Access: |
I-26 |
| Airports: |
Tri Cities Regional Airport |
| Site Description: |
3 story building + mezzanine level = 19,220 SF
0.28 acre parking lot adjacent to building |
| Area Description: |
Located in a Certified Economic Opportunity Zone
Approx. 0.3 miles from Domtar Paper
Approx. 1 mile from Eastman Chemical Company |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Year Built: |
1954 |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
Includes 0.28 acre private parking lot adjacent to building |
| Zoning Description: |
Central Business District |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,705 |
38,760 |
67,781 |
| Median Age: |
38.22 |
43.42 |
43.63 |
| Households: |
2,016 |
17,328 |
29,709 |
|
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