Link Copied
$--,---,---
$1,280,000
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Approx. Age 1920
MLS® Number 2616812

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Fully occupied building offered at a 9.24% cap rate based on existing net income. 1st floor consists of 2 retail tenants (spa / salon and cafe shop) and 2nd story consists of 4 residential lofts. Residential units occupy 5, 250 SF of the building. 1st floor is remaining 5, 250 SF. Building has been fully redeveloped and is part of a broader value add / redevelopment portfolio located in the historic downtown Kingsport, TN region. Portfolio consists of 18 buildings totaling 219, 294 SF priced at $81.28/SF and all centrally located in downtown Kingsport. Ownership is open to partial portfolio, or individual asset sales.Show Description
MLS® Number2616812
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

For Sale

How much is your home worth?