125 , Kingsport, TN 37660
Kingsport, TN 37660
Description
Sale/ Lease Back ( Investment Income ). The owners of the Stir-Fry Building on busy Broad Street in downtown Kingsport are selling but would like a 20 year lease back. They will pay $7,000.00 a month, Triple Net Lease for 10 years with 2 5 year options. There is also a Vape Shop paying $2,500.00 a month Rent. Also a Vacant shop on the first floor that could be leased for $2,500.00 a month. There is also 25,000 +/- square feet upstairs that would be perfect for lofts, professional offices, or even a hotel. Building is sprinklered and has a new roof. There are 3 sets of stairs and 1 elevator. Beautiful windows looking down Broad Street. Great investment property with existing Income and unlimited potential. Information Deemed reliable Buyer/ Buyers agent to verify
Details
| MLS# | 9973096 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1918 |
| Days On Site | 82 |
| Listing Provided By | Evans & Evans Real Estate | Tim Carter |
Features
| SQ Feet | 12,500 |
|---|---|
| Story(s) | 23 |
| Zoning | Commercial |
| Acreage | 0.32 |
Market Activity 37660
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Learn More About This Property
| State | TN |
|---|---|
| County | Sullivan |
| City | Kingsport |
| Zip Code | 37660 |
| Area | 413 Downtown | Greenfields | Hillcrest |
| Subarea | 413 Downtown | Greenfields | Hillcrest |
| Listing VS Median (in 37660) | |
Price: $2,298,000 low | high Med: $317,500 SqFt: 12,500 low | high Med: 1,360 $ / SqFt: $184 low | high Med: $234 On Site: 82 low | high Med: 11.500000 | |
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