Memorial Blvd Commercial Building

Retail-Commercial for Sale
Also listed as Office, Special Purpose
Catylist Listing ID: 29777207
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 10,738 SF
Gross Building Area: See Agent
Gross Land Area: 3.10 Acres
Sale Price: $695,000
Unit Price: $64.72 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Golden Dragon Chinese Buffet
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/8/2019

Overview / Comments

NEWLY REDUCED PRICE! Spacious 10,738 sq ft building was originally a Ryan's then Golden Dragon restaurant. There are six single buffet stations with a Hibachi grill area, expansive dining area, and large kitchen with walk in coolers. Situated on over 3 acres with paved parking containing over 200 spaces. Nice central Kingsport location across Memorial Blvd. from Kingsport Town Center mall and sits in front of Robinson Middle School.

Although this building has been used as a restaurant, it lends itself to many alternative uses including professional office, specialty retail, faith-based facility, education or training center, medical, services or other commercial group desiring large centrally located building. Property also for lease, see separate listing. Contact listing agent for tour and to discuss possibilities!

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Tax ID/APN: 082 062H A 01910 000 2017

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,447 37,679 75,603
Median Age: 43.07 43.87 43.91
Households: 2,887 16,613 32,680
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.