Galloway Property
Office
for Sale
Catylist Listing ID: |
30775153 |
Property Subtypes: |
Mixed Use, Flex Space, Office Building
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Building Size (RSF): |
2,754 SF
|
Sale Price: |
$269,000 |
Unit Price: |
$97.68 PSF |
Property Use Type: |
Business |
Building Name: |
Galloway Building |
Class of Space: |
Class B |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
6/21/2022 |
Overview / Comments
The Galloway Building has provided great opportunities to small business due to the influence and legacy of Don Galloway. Now, the property is available for reinvestment and to move into it's next phase of providing commercial business opportunities in Bristol. Built in 1974 this brick structure has been modified from it's previous uses of an insurance office and legal offices to those of small business. Due to the location, traffic counts and low maintenance this property is a great value and can be modified for it's next owner. Traffic counts on Volunteer Parkway have always been high and this property is located right in the middle of the highest counts. Have a desire for a new business opportunity, this is your property!
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Additional Details
Nearest MSA: |
Kingsport-Bristol |
County: |
Sullivan |
Taxing Authority: |
Sullivan County |
Tax ID/APN: |
082020EF03900 |
Zoning: |
B-3 |
Property Located Between: |
State Street and Weaver Pike |
Property Visibility: |
Excellent |
Highway Access: |
Direct access to Volunteer Parkway, 11E. |
Airports: |
Tri Cities Regional Airport & Highlands Regional Airport |
Site Description: |
Level lot along Volunteer Parkway with great visibility. |
Area Description: |
Properties along Volunteer Parkway are some of the most active and visual businesses in the area. |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Typical SF / Floor: |
2,754 SF |
Year Built: |
1974 |
Year Renovated: |
2001 |
Roof Type: |
Gable |
Construction/Siding: |
Brick |
Exterior Description: |
The building is a brick structure with little to no exterior maintenance. |
Parking Type: |
Surface |
Parking Description: |
Parking is unmarked, and various |
Sprinklers: |
None |
Heat Type: |
Electricity |
Heat Source: |
Heat Pump |
Interior Description: |
The building was previously 3 suites, and has been morphed into two spaces. Some tile flooring and carpet, much of the walls are paneled. |
Zoning Description: |
B-3 |
Lot Frontage: |
150' |
Lot Depth: |
92' |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Easements: |
Utilities |
Easements Description: |
Power Lines and road easements |
Land Ownership: |
Fee Simple |
Legal Description: |
Upon Request |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
8,681 |
36,489 |
56,548 |
Median Age: |
44.34 |
41 |
42.23 |
Households: |
3,945 |
15,840 |
24,247 |
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