Center Street Retail Office Property

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 28779787
Property Subtypes: Medical, Mixed Use, Flex Space, Office Building
Building Size (RSF): 8,365 SF
Gross Building Area: See Agent
Gross Land Area: 0.47 Acres
Sale Price: $333,000
Unit Price: $39.81 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

Two commercial buildings on East Center Street near downtown Kingsport. First building, 908 E. Center, is 4,955 sq ft well decorated office building with multiple private offices and storage area in back of building. Adjoining building, 910 E. Center, is 3,410 sq ft currently being updated, freshly painted, includes service counter with an open floor plan. Additional vacant lot across alley behind buildings also included for a total of .47 acres MOL in 4 parcels. Potential for lease income by occupying one building and renting the other. Suited to a variety of commercial uses from professional office to parts/service business, specialty retail, salon, or meeting/training facility.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Tax ID/APN: 046O B 030.00; 046O B 031.00; 046O B 032.00; 046O B 034.00
Market Type: Medium
Side of Street: North
Road Type: Highway
Property Visibility: Excellent
Transportation: Rail, Highway, Airport, Taxi
Highway Access: I-26 and I-81
Airports: TriCities Airport
Site Description: finished office space on busy highway thru center of downtown
Area Description: At connection of 2 interstates...major industrial city with environmental friendly companies
Total Number of Buildings: 2
Number of Stories: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,400 44,172 71,581
Median Age: 42.93 43.79 43.52
Households: 4,257 19,766 31,224
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.