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Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Commercial
Sub Type:
MLS Number: 9973096
Lot Acreage: 0.32000
Living Area: 12,500
Year Built:1918
Elementary School:
Middle School:
High School:
Public Remarks: Sale/ Lease Back ( Investment Income ). The owners of the Stir-Fry Building on busy Broad Street in downtown Kingsport are selling but would like a 20 year lease back. They will pay $7,000.00 a month, Triple Net Lease for 10 years with 2 5 year options. There is also a Vape Shop paying $2,500.00 a month Rent. Also a Vacant shop on the first floor that could be leased for $2,500.00 a month. There is also 25,000 +/- square feet upstairs that would be perfect for lofts, professional offices, or even a hotel. Building is sprinklered and has a new roof. There are 3 sets of stairs and 1 elevator. Beautiful windows looking down Broad Street. Great investment property with existing Income and unlimited potential. Information Deemed reliable Buyer/ Buyers agent to verify
Listing Courtesy:Evans & Evans Real Estate
AC:Central Air: true
AC:Heat Pump3: true
Business Type:HotelMotel2: true
Business Type:ProfessionalOffice: true
Business Type:Restaurant: true
Business Type:Retail2: true
Contract Info:Foreclosure: No
Development Status:Cleared2: true
Electric Service:220 Volts: true
Exterior Finish:Block5: true
General Property Description:# Parking Spaces: 2
General Property Description:# Restrooms: 8
General Property Description:Acres: 0.32
General Property Description:Annual Lease: 144000.0
General Property Description:HOA YN: No
General Property Description:Lease: No
General Property Description:Lot Size2: 102x 139
General Property Description:Price LeaseSqFt: 11.52
General Property Description:Road Frontage Length: 102
General Property Description:Stories3: 23.0
General Property Description:Total SqFt Finished: 12500.0
General Property Description:Total SqFt Unfinished: 12500.0
General Property Description:Zoning2: Commercial
Heating:Electric: true
Heating:Forced Air: true
Heating:Heat Pump2: true
Info Available:Aerial: true
Location Tax Legal Info:City Taxes: 4636.05
Location Tax Legal Info:County Taxes: 5582.39
Location Tax Legal Info:Deed Book #: 3541
Location Tax Legal Info:Deed Page #: 855
Other Equipment:Basement4: true
Other Equipment:Lighting-Fluorescent: true
Property Condition:Average: true
Remarks Misc:Directions3: From Center Street take a right on Broad Street, Building is Stir-Fyy
Remarks Misc:Public Remarks2: Sale/ Lease Back ( Investment Income ). The owners of the Stir-Fry Building on busy Broad Street in downtown Kingsport are selling but would like a 20 year lease back. They will pay $7,000.00 a month, Triple Net Lease for 10 years with 2 5 year options. There is also a Vape Shop paying $2,500.00 a month Rent. Also a Vacant shop on the first floor that could be leased for $2,500.00 a month. There is also 25,000 +/- square feet upstairs that would be perfect for lofts, professional offices, or even a hotel. Building is sprinklered and has a new roof. There are 3 sets of stairs and 1 elevator. Beautiful windows looking down Broad Street. Great investment property with existing Income and unlimited potential. Information Deemed reliable Buyer/ Buyers agent to verify
Restrictions:Other37: true
Restrictions:Utility Easement2: true
Road Access:Alley: true
Road Access:City Street: true
Roof:Rubber: true
Sale Includes:Fee Simple: true
Sewer:Public Sewer: true
Utilities:Electricity Connected: true
Utilities:Sewer Connected: true
Utilities:Water Connected: true
Water:Public: true