125,133 Broad ST new Save Request In-Person Tour Request Virtual Tour
Kingsport,TN 37660
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,500 sqft
Price per Sqft $183
MLS Listing ID 9973096
HOA Y/N No
Total Fin. Sqft 12500
Originating Board Tennessee/Virginia Regional MLS
Year Built 1918
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 102x 139
Property 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
Location
State TN
County Sullivan
Area 0.32
Zoning Commercial
Direction From Center Street take a right on Broad Street, Building is Stir-Fyy
Interior
Heating Electric,Forced Air,Heat Pump, Electric
Cooling Central Air,Heat Pump
Equipment Basement,Lighting-Fluorescent
Heat Source Electric,Forced Air,Heat Pump
Exterior
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Roof Type Rubber
Road Frontage City Street,Alley
Building
Sewer Public Sewer
Water Public
Structure Type Block
New Construction No
Others
Senior Community No
Tax ID 046p B 009.00
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional