1009-1113 Volunteer Pkwy RENOVATED
Retail-Commercial
for Sale
| Catylist Listing ID: |
30389508 |
| Property Subtypes: |
Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Vehicle Related, Other
|
| Building Size (RSF): |
11,226 SF
|
| Gross Building Area: |
3,400 SF |
| Gross Land Area: |
0.32 Acres
|
| Sale Price: |
$219,900 |
| Unit Price: |
$19.59 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
1009-1113 Volunteer Parkway |
| Usable Size (USF): |
3,400 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/23/2020 |
Overview / Comments
|
Great Parkway location for business expansion as this property has 3 separate buildings which can be separately Leased! Two of the buildings have just been completely renovated and are ready for occupancy. Great income potential, as this site is very visible from Volunteer Parkway and is situated at a red light across from McDonald's. All the buildings are separately metered for Electric and are ready for New Tenants. As the buildings are improved, some materials still remain and will be provided for the jobs under way in the last building. Again, this is a great opportunity for an investor who can provide some of his own work. Call for more information and a confidential tour.
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Sullivan |
| Taxing Authority: |
Sullivan County |
| Tax ID/APN: |
037D B 009.00; 037D B 008.00 |
| Zoning: |
B-3 |
| Retail Clientele: |
Business, Other |
| Property Located Between: |
Fronts on Volunteer Parkway |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Volunteer Parkway |
| Highway Access: |
Property access is from Cox Street at the corner of Volunteer Parkway |
| Airports: |
TRI - Tri Cities Regional Airport; Highlands Community Airport |
| Site Description: |
Property is elevated above Volunteer Parkway and is level on the top of the grade, and is well located at the signal across from McDonald's on the Volunteer Parkway. |
| Area Description: |
General Business district along Volunteer Parkway with a number of fast food feeders and many small businesses. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
3 |
| Roof Type: |
Gable |
| Construction/Siding: |
Aluminum Siding, Block, Concrete |
| Exterior Description: |
All the buildings vari in construction and age. Also, in the level of renovation. |
| Parking Type: |
Surface |
| Parking Description: |
Currently the property has 12 marked spaces and other areas which are unmarked and can provide parking. |
| Sprinklers: |
None |
| Heat Type: |
Electricity, Natural Gas, Suspended Radiant Heaters |
| Heat Source: |
Wall Units, Heat Pump |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable, Other |
| Interior Description: |
All three buildings are in conversion and have varying level of improvements being performed. One building has been converted from an older home with 2 full baths to an office building. A metal garage type building is in construction to be converted into a restaurant, and the third building has a full and a half bath, along with areas which can be used for office or retail. |
| Zoning Description: |
B-3 |
| Lot Frontage: |
185+ |
| Lot Depth: |
68+ |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Electric Lines, Ingress/Egress, Utilities |
| Easements Description: |
Exclusive/permanent easement for Ingress/Egress to the property |
| Land Ownership: |
Fee Simple |
| Legal Description: |
Upon Request |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,272 |
37,693 |
54,093 |
| Median Age: |
44.59 |
40.81 |
42.21 |
| Households: |
2,770 |
16,356 |
23,327 |
|
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