Unique Center Street Commercial Property

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30174216
Property Subtypes: Medical, Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 2,961 SF
Gross Building Area: See Agent
Gross Land Area: 0.30 Acres
Sale Price: $168,900
Unit Price: $57.04 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/1/2018

Overview / Comments

Unique Center Street Commercial Property! Here is an excellent opportunity to purchase two adjacent commercial buildings on approximately one third acre fronting Center Street at Wilcox Drive intersection near downtown Kingsport. These homes have been converted to commercial with one being a former medical office and the other a mix of office and apartment. They have a shared driveway with shared parking lot in back with about 10 parking space and two handicapped spaces. Total property dimension is 100’ x 150’ with 100’ being on Center Street.

1303 Center Street is a 1,297 sq ft white stucco building formerly used as medical office. There is a small reception area, fireplace, office, 4 exam rooms, work file room, kitchenette and 3 rest rooms. Partially finished basement has recently been sealed and treated with a warranty in place.

1305 Center Street is an 1,664 sq ft peach stucco building with apartment and small office divided by center hallway. Apartment and office have separate entrances with the apartment having a private gated patio. Office area has access ramp, 2 offices, workstation area, kitchenette and restroom.

Property has a variety of possible uses, ideal for business desiring the option of a residence at the business location or as income generating properties. Site is situated along a high visibility traffic route connecting the retail and restaurant district of Ft. Henry Drive and Eastman Road to the downtown area. Contact listing agent for property tour and for further property details.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Tax ID/APN: 061C A 062.00; 061C A 063.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,400 40,371 71,227
Median Age: 42.93 43.39 43.76
Households: 4,257 18,017 30,984


Photograph of Listing Agent

Cassie Petzoldt

TCI Group - Jerry Petzoldt Agency
The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.