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600 East Market Street, Kingsport, TN 37660 - $250,000

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Blue Ridge Properties Listing

600 East Market Street, Kingsport, TN 37660 (MLS #9967652)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Lease

Sub Type:

MLS Number: 9967652

Lot Acreage: 0.19000

Living Area: 3,000

Year Built:1980

Elementary School:

Middle School:

High School:

Public Remarks: This is a sale of business and lease. The Real Estate is not for sale. Here's a chance to run your very own business! Sports Mill is up for lease and owner is negotiable on terms. This space is over 3,000 sq ft. and comes equipped with a walk-in cooler, freezers, coolers, refrigerators, 8-tap kegerator, 2 air fryers, ice maker, bar stools, security system and equipment. This location also comes with 2 game simulators, for golf or other entertainment. Confidentiality agreement must be signed for any financials to be given out. Call your realtor, buyer/buyers agent to verify all information. Listing agent to be present during showings. Option 1: The Lessor will sell business and equipment for $250,000.00 and lease space to new owner for $3000/monthly with a satisfactory term to both tenant and lessor. The Lessor, will waive 6 months rent and provide 6 moths rent at a discounted monthly rate of $2000.00/monthly- At month 13 the monthly rent will be $3000/ monthly, Tenant to maintain all equipment themselves. Lessor will maintain exterior and heat pumps. Lessor will pay property taxes. Tenant would be responsible for all local and state licenses, including beer license approval from City of Kingsport. Option #2 The Lessor will lease space and business to Tenant for a monthly rental of $5000.00/monthly. Tenant to maintain all equipment, Lessor will maintain building and heat pumps. Tenant would be responsible for all local and state licenses, including beer license approval from City of Kingsport. Option #3Lessor will lease just space for $3500/monthly - Equipment would not be included in this lease.

Listing Courtesy:Blue Ridge Properties

More Listing Info:

AC:Heat Pump3: true

Business Type:BarTavernLounge: true

Business Type:Recreation: true

Contract Info:Foreclosure: No

Development Status:Other35: true

Development Status:See Remarks37: true

Electric Service:220 Volts: true

Exterior Finish:Metal Siding: true

General Property Description:# Parking Spaces: 0.0

General Property Description:# Restrooms: 2

General Property Description:Acres: 0.19

General Property Description:Annual Lease: 60000.0

General Property Description:HOA YN: No

General Property Description:Lease: Yes

General Property Description:Lot Size2: 75 x 105

General Property Description:Road Frontage Length: 183

General Property Description:Stories3: 2.0

General Property Description:Total SqFt Finished: 3000.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: B2E

Heating:Heat Pump2: true

Info Available:Books Available: true

Info Available:ProfitLoss Statement: true

Location Tax Legal Info:Block: 8

Location Tax Legal Info:City Taxes: 2447.52

Location Tax Legal Info:County Taxes: 2947.11

Location Tax Legal Info:Deed Book #: 3562

Location Tax Legal Info:Deed Page #: 1482

Location Tax Legal Info:Lot #: 15

Other Equipment:Cable TV2: true

Other Equipment:Dishwasher2: true

Other Equipment:Exterior Lights: true

Other Equipment:Furniture: true

Other Equipment:Garage Bay(s): true

Other Equipment:Handicap Access2: true

Other Equipment:Refrigeration: true

Other Equipment:Roof Sign: true

Other Equipment:See Remarks38: true

Property Condition:Above Average: true

Remarks Misc:Directions3: From Center St. turn on Wexler, property on left. From Sullivan St. turn onto E Market, property at the corner of East Market & Wexler.

Remarks Misc:Public Remarks2: This is a sale of business and lease. The Real Estate is not for sale. Here's a chance to run your very own business! Sports Mill is up for lease and owner is negotiable on terms. This space is over 3,000 sq ft. and comes equipped with a walk-in cooler, freezers, coolers, refrigerators, 8-tap kegerator, 2 air fryers, ice maker, bar stools, security system and equipment. This location also comes with 2 game simulators, for golf or other entertainment. Confidentiality agreement must be signed for any financials to be given out. Call your realtor, buyer/buyers agent to verify all information. Listing agent to be present during showings. Option 1: The Lessor will sell business and equipment for $250,000.00 and lease space to new owner for $3000/monthly with a satisfactory term to both tenant and lessor. The Lessor, will waive 6 months rent and provide 6 moths rent at a discounted monthly rate of $2000.00/monthly- At month 13 the monthly rent will be $3000/ monthly, Tenant to maintain all equipment themselves. Lessor will maintain exterior and heat pumps. Lessor will pay property taxes. Tenant would be responsible for all local and state licenses, including beer license approval from City of Kingsport. Option #2 The Lessor will lease space and business to Tenant for a monthly rental of $5000.00/monthly. Tenant to maintain all equipment, Lessor will maintain building and heat pumps. Tenant would be responsible for all local and state licenses, including beer license approval from City of Kingsport. Option #3Lessor will lease just space for $3500/monthly - Equipment would not be included in this lease.

Restrictions:See Remarks34: true

Road Access:City Street: true

Roof:Metal3: true

Sale Includes:Business Only: true

Sale Includes:For Lease: true

Sale Includes:See Remarks35: true

Sewer:Public Sewer: true

Utilities:Cable Connected3: true

Utilities:Electricity Connected: true

Utilities:Phone Connected: true

Utilities:See Remarks30: true

Utilities:Sewer Connected: true

Utilities:Water Connected: true

Water:Public: true