Memorial Blvd and Center Street Commercial Building

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 29775698
Property Subtypes: Free-Standing Building, Street Retail, Other
Status: Pending
Building Size (RSF): 31,856 SF
Gross Building Area: See Agent
Gross Land Area: 2.70 Acres
Sale Price: $1,395,000
Unit Price: $43.79 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Winn Dixie
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2017

Overview / Comments

PRICE REDUCED! OWNER INCOME OPPORTUNITY! Exceptional 31,856 sq ft Commercial Retail Building! Buy the building, locate your business here and receive income from 2 long term tenants. About 18,000 sq ft available with remaining space leased to Kingsport Fitness & Tanning and Pool & Spa World.

High profile location across from Kingsport Town Center mall, this 2.7 acre corner property sits on Memorial Blvd and East Center Street. Large level parking lot with approximately 140 spaces. 15' ceiling height. Income figures available with executed Confidentiality Agreement. Ideal for neighborhood retail, specialty grocery store, discount market, or other business venture desiring large building in central Kingsport. Contact listing agent for further details and to schedule property tour.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Zoning: B3

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,447 36,657 78,683
Median Age: 43.07 44.09 43.96
Households: 2,887 16,174 33,893
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