Stettner Power Sports Mixed Use Property

Retail-Commercial for Sale
Catylist Listing ID: 30709594
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 18,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.60 Acres
Sale Price: $895,000
Unit Price: $49.72 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/22/2021

Overview / Comments

Ideal Live + Work Property! Must see to appreciate! This 18,000 sf building on 2.6 acres combines a desirable mix of retail and residential in one! Built in 1970, this 2 story brick and wood structure was completely remodeled inside in 2017-2018 with a new metal roof added 2 years ago.

The first floor is 9,000 sq ft home of Stettner Power Sports, provider of sales and service of outdoor recreation vehicles. Open showroom area is 7,000 sq ft with 2,000 sq ft Parts and Service area along with a large drive-in door and a loading dock. The showroom, parts department and customer waiting area is an open floor plan with 12-foot ceilings. There is also a large office with open counter to serve customers.

The second floor is at ground level at the rear of the building providing easy private access to the 3,000 sq ft residential condo with remaining space as large open storage area.

Condo is a 50’ x 60’ newly constructed four-bedroom, 3 full bath condo. This living area is a beautifully designed open floor plan with a large kitchen and living room area. There is a large laundry room, pantry and dining room, a large master bedroom with master bath and 3 additional bedrooms with private baths.

Also on property is a 40’x 60’ metal warehouse with 14-foot clear height ceiling and a 10’ x 60’ covered lean-to attached to the rear providing a total of 3,000 sq ft of warehouse and storage space.

The property is situated between the Church Hill Fire Station and a local motel with immediate access to Hwy 11W, a main commuter route between Kingsport and Church Hill to Rogersville and Morristown.

Property is offered without the business or business inventory. Owner will consider selling the business to qualified buyers and will train a new owner for an agreed upon period of time.

Stettner Power Sports website is at www.stettnerpowersports.com and is successfully and profitably operated by an Army veteran owner husband-and-wife team. The business provides sales and service of outdoor recreation vehicles including motor cycles, dirt bikes, UTV’S, Go Carts, ATV’S, Scooters and is also the largest dealer of Commercial and Residential Bad Boy Zero Turn Mowers in Northeast Tennessee with a large protected franchise area generally covering Kingsport, Bristol, west of Elizabethton, and West of Johnson City. Stettner Power Sports is also one of the largest Amsoil dealers in Northeast Tennessee.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Hawkins
Tax ID/APN: 037042 12100

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,985 6,827 15,594
Median Age: 40.89 42.2 42.24
Households: 824 2,739 6,436

Contact

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.