Spacious Restaurant Property
Retail-Commercial
for Sale
Also listed as Special Purpose
| Catylist Listing ID: |
30106479 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub
|
| Building Size (RSF): |
7,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
3.07 Acres
|
| Sale Price: |
$995,000 |
| Unit Price: |
$142.14 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/19/2019 |
Overview / Comments
|
Updated and renovated restaurant in the heart of Kingsport's retail and dining district. This facility has approximately 7,000 sq. ft. including an impressive bar/lounge, a tiered seating area including booths, and an open dining area equipped with seating for up to 200 guests. Spacious and welcoming waiting area. Substantial kitchen with all equipment necessary including two very large walk-in coolers. Formerly a Mexican restaurant, it is ready to reopen as new dining establishment or great potential for repurposing to any venture seeking Kingsport's busiest business location! Ample parking on three sides totalling 120 spaces on over 3 acre parcel. Easy access from both Stone Drive and Eastman Road on Jack White Drive. Sale includes all furnishings and equipment. Property also for lease, see separate listing. Contact agent to discuss possibilities!
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Sullivan |
| Tax ID/APN: |
082 046L A 01935 000 2017 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,752 |
39,123 |
70,618 |
| Median Age: |
47.13 |
43.86 |
43.95 |
| Households: |
3,153 |
17,321 |
30,722 |
|
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