Abingdon I-81 Restaurant Property

Retail-Commercial for Sale
Catylist Listing ID: 30285469
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Other
Building Size (RSF): 2,419 SF
Gross Building Area: See Agent
Gross Land Area: 1.34 Acres
Sale Price: $750,000
Unit Price: $310.05 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Pizza Hut
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2020

Overview / Comments

NEW PRICE! SUPER INTERSTATE LOCATION! Sitting directly off I-81 Exit 17 in Abingdon, VA. A former Pizza Hut, this 2,419 sq ft building includes kitchen equipment, furniture, and fixtures. Some of the equipment includes pizza ovens, fryers, walk in cooler, walk in freezer, dish washer, ice maker and more. An additional 700 sq ft of dining available with an attractive outdoor patio area. See attached survey map. 2019 Taxes $4,051.32 = $1,246.56 City + $2,804.76 County.

A popular restaurant and retail area, this property is surrounded by several shopping centers, hotels and c-stores. The Meadows, a new retail and sports complex development, is nearing completion across the street. Property also For Lease, see separate listing. Contact agent for building tour and to discuss this unique Abingdon real estate opportunity!

Attachments & Media

Additional Details

Nearest MSA: Kingsport-Bristol
County: Washington
Tax ID/APN: 105 6 26A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,442 13,817 15,505
Median Age: 42.52 45.72 44.5
Households: 670 6,309 6,792

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