$600,000
Kingsport, TN 37660
MLS# 316356
Status: Closed
17608 sqft
1 / 3
Property Description
Excellent investment property located in Downtown Kingsport. This property features commercial space on the main level with 8 suites from 300sf-5000-sf and 12 Loft Apartments on the second level with 1-2 bedrooms. Other features are a large paved parking lot, fenced storage space behind building with 6000+sf metal building, HVAC Packages, nice brick building with awnings. This is a great property for an Owner User for the commercial space and plus income potential from the additional space and apartments. Presently the income for the property is $5,825 per month. Don't Miss The Opportunity for this VALUE-ADD Property.
Details
Maps
Location, Tax & Legal Info
Unit #: 0
Parcel ID: 007.00
Deed Book #: 2811C
Deed Page #: 208
City Taxes: 4327.75
County Taxes: 4753.17
Contract Info
List Price/SqFt: 45.43
Foreclosure: No
Short Sale: No
Status: Closed
Listing Price: 799900
Current Price: $600,000
Listing Date: 2012-02-09
General Property Description
Acres: 0
Lot Size: 253x110
Zoning: B-3
Stories: 2
Total SqFt Finished: 17608
Total SqFt Unfinished: 0
# Parking Spaces: 20
Annual Lease $: 0
Year Built: 1920
Total SqFt: 17608
Remarks & Misc
Directions: Center Street to right on Clinchfield onto Main Street, property on right past Chamber of Commerce.
Property Condition
Above Average: 1
Business Type
Professional Service: 1
Other: 1
Exterior Finish
Brick: 1
Other Equipment
Display Window: 1
Fire Alarm: 1
Lighting-Fluorescent: 1
Other: 1
See Remarks: 1
Roof
Built-Up: 1
Road Access
City Street: 1
Electric Service
Other: 1
See Remarks: 1
Development Status
Finished Lot(s): 1
Heating
Electric: 1
Heat Pump: 1
Info Available
Other: 1
See Remarks: 1
AC
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
Other: 1
See Remarks: 1
Easements
None: 1
Financing
Cash: 1
Conventional: 1
Existing Finance
None: 1
Other: 1
See Remarks: 1
Sale Includes
Other: 1
See Remarks: 1
Location Tax Legal Info
Street #: 555
Street Name: Main
St Suffix: Street
County: Sullivan
State/Province: TN
Zip Code: 37660
Area: 412 - Highland,Fairacres,Preston For
Status Change Info
Date Pending: 2013-03-29
Sold Date: 2013-05-22
Sold Price: $600,000
Property Features
Property Condition: Above Average
Business Type: Professional Service; Other
Exterior Finish: Brick
Other Equipment: Display Window; Fire Alarm; Lighting-Fluorescent; Other; See Remarks
Roof: Built-Up
Electric Service: Other; See Remarks
Development Status: Finished Lot(s)
Heating: Heat Pump
AC: Heat Pump
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: Other; See Remarks
Restrictions: Other; See Remarks
Easements: None
Financing: Cash; Conventional
Existing Finance: None; Other; See Remarks
Sale Includes: Other; See Remarks
Listing Office: Blue Ridge Properties
Last Updated: September - 26 - 2020
Information deemed reliable but not guaranteed.