$575,000
Kingsport, TN 37660
MLS# 9969540
Status: Closed
10750 sqft
1 / 6
Property Description
FOR SALE—Welcome to 115-119 Broad Street in the Heart of Downtown Kingsport. This 10,750 square foot Store Front Building is a PRIME INVESTMENT Opportunity. Downtown Kingsport is home to multiple new businesses, restaurant & retail development, and residential loft development. The Building has been completely updated and renovated. The Building features two large Storefront spaces, New HVAC, Great front facade, 12ft beautiful metal tiled ceilings, hardwood floors on upper Level, 7 bathrooms, and some parking spaces in back. There are presently 6 tenants with a couple of additional small spaces to be leased. There is lots of potential upside income growth available with this property. Units are individually metered for electricity, water & sewer are included in rent. Bring your Business Downtown and let the Growth your business will have by being in the Downtown activity or as an INVESTOR you will love this Opportunity of having a property in downtown producing excellent income for you. Very Motivated Seller! DON'T MISS THIS OPPORTUNITY!!!
Details
Maps
Location, Tax & Legal Info
Lot #: 41&
Parcel ID: 046p B 008.00
Block: 2
Deed Book #: 3416
Deed Page #: 1804
City Taxes: 2934.3
County Taxes: 3533.26
Contract Info
List Price/SqFt: 64.65
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 695000
Current Price: $575,000
Listing Date: 2024-08-06
General Property Description
Acres: 0.15
Lease: No
Lot Size: 47 X 141
Zoning: B-2
HOA Y/N: No
Stories: 2
Total SqFt Finished: 10750
Total SqFt Unfinished: 0
Annual Lease $: 0
Year Built: 1920
Total SqFt: 10750
Remarks & Misc
Directions: Downtown Kingsport on Broad Street. Between Market Street and Main Street.
Property Condition
Above Average: 1
Business Type
Professional Service: 1
Professional/Office: 1
Residential: 1
Retail: 1
Exterior Finish
Brick: 1
Stucco: 1
Other Equipment
Display Window: 1
Lighting-Fluorescent: 1
See Remarks: 1
Roof
Rubber: 1
Road Access
City Street: 1
Electric Service
220 Volts: 1
Single Phase: 1
Development Status
See Remarks: 1
Heating
Forced Air: 1
Heat Pump: 1
Info Available
Rental Roles: 1
AC
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
Building: 1
See Remarks: 1
Easements
None: 1
Financing
Cash: 1
Conventional: 1
Existing Finance
Conventional: 1
Sale Includes
Fee Simple: 1
Lease Hold: 1
Location Tax Legal Info
Street #: 115-119
Street Name: Broad
St Suffix: Street
County: Sullivan
State/Province: TN
Zip Code: 37660
Area: 413 - Downtown,Greenfields,Hillcrest
Status Change Info
Date Pending: 2024-09-30
Sold Date: 2024-10-15
Sold Price: $575,000
Property Features
Property Condition: Above Average
Business Type: Professional Service; Professional/Office; Residential; Retail
Exterior Finish: Brick; Stucco
Other Equipment: Display Window; Lighting-Fluorescent; See Remarks
Roof: Rubber
Electric Service: 220 Volts; Single Phase
Development Status: See Remarks
Heating: Forced Air; Heat Pump
AC: Heat Pump
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: Rental Roles
Restrictions: Building; See Remarks
Easements: None
Financing: Cash; Conventional
Existing Finance: Conventional
Sale Includes: Fee Simple; Lease Hold
Listing Office: Blue Ridge Properties
Last Updated: October - 15 - 2024
Information deemed reliable but not guaranteed.