Fairview Avenue Commercial Building

Retail-Commercial for Sale
Sale Pending
Also listed as Industrial, Special Purpose
Catylist Listing ID: 30180486
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Other
Status: Pending
Building Size (RSF): 24,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.70 Acres
Sale Price: $499,900
Unit Price: $20.83 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/14/2018

Overview / Comments

A one of a kind property! This 24,000 sq ft building was designed as church education center. Built in 2000, the building has 15,000 sq ft on the ground floor, consisting of 6,000 sq ft auditorium, 6,000 sq ft office or study rooms, and 3,000 sq ft kitchen and dining hall. The second floor is a 9,000 sq ft unfinished mezzanine. The structure features a steel frame with quality construction and is in excellent condition complete with fire sprinkler system. The site was designed to add a 60 car parking lot adjacent to the building with a shared parking and entrance with the church for about 100 cars total. The overall property will be subdivided to include approximately 1.70 acres with building. See attached site plan and floor plan for further details.

A variety of possible uses include non-profit or faith based center, office and warehouse user, adult or child day care, private school, sports, performing arts and/or fitness center, special events facility, education or training, or even climate controlled specialty storage. Property is subject to being rezoned for buyers particular use prior to closing. Centrally located near I-26 off West Stone Drive at Fairview Road in Midfields area of Kingsport.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,462 34,128 61,408
Median Age: 38.38 42.74 43.51
Households: 2,363 15,162 27,018
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.