REDUCED $200,000! Memorial Blvd Commercial Building

Retail-Commercial for Sale
Sale Pending
Also listed as Office, Special Purpose
Catylist Listing ID: 29777207
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Status: Pending
Building Size (RSF): 10,738 SF
Gross Building Area: See Agent
Gross Land Area: 3.10 Acres
Sale Price: $495,000
Unit Price: $46.10 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Golden Dragon Chinese Buffet
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/22/2019

Overview / Comments

REDUCED $200,000! OWNER MOTIVATED! Spacious 10,738 sq ft building was former buffet restaurant but lends itself to a variety of commercial uses! Situated on over 3 acres on Memorial Blvd with large paved parking lot with 200+ spaces. Great central Kingsport location across from Ft. Henry Mall near Ft. Henry Drive intersection.

This property size and location offer many alternative uses including financial services, faith-based facility, professional office, specialty retail, education or training center, medical clinic or other commercial user desiring large centrally located building. Currently in place are six single buffet stations, grill area, expansive dining area, and large kitchen with walk in coolers. Property also for lease, see separate listing. Contact listing agent for tour and to discuss possibilities!

Additional Details

Nearest MSA: Kingsport-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
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