Superb Restaurant at Kingsport Pavilion

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30410098
Property Subtypes: Free-Standing Building, Restaurant
Status: Pending
Building Size (RSF): 3,402 SF
Gross Building Area: See Agent
Gross Land Area: 1.01 Acres
Sale Price: $1,400,000
Unit Price: $411.52 PSF
Has Drive-Thru? Yes
Property Use Type: Vacant/Owner-User
Building Name: Former Wendy's
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/4/2021

Overview / Comments

Great Street Appeal and Excellent Location! Newly built in 2014, this former restaurant at the main entrance to the Kingsport Pavilion retail center is now for sale. This 3,400 sq ft restaurant on busy 1 acre corner features large open dining area with sunny picture windows, modern furnishings, a lounge area, serving counter, full kitchen and drive thru service area. Nicely maintained one acre site with 41 parking spaces.

This attractive property presents a great opportunity for cafe, bistro or other fast casual style restaurant, retail, financial or other business seeking high visibility in an active commercial retail setting. Nearby businesses include Target, Verizon, Best Buy, Lowe's and Aldi. Please contact agent for further information.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 047 025.10

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,161 35,509 62,663
Median Age: 50.48 44.55 43.83
Households: 1,821 15,371 27,013


Photograph of Listing Agent

R. Lynn Shipley, Jr.

TCI Group - Jerry Petzoldt Agency NETAR CMLS Member
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