505 & 509 Center ST Active

Kingsport,TN 37660

$ 490000

- Bed

0 Bath

1826 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,826 sqft

Price per Sqft $268

Subdivision City Of Kingsport

MLS Listing ID 9970479

HOA Y/N No

Total Fin. Sqft 1826

Originating Board Tennessee/Virginia Regional MLS

Year Built 1926

Lot Dimensions 157 x 105

Property Description

Wonderful opportunity for investor. This listing is for three separate structures. It is zoned as commercial B-2E. Two are older residential homes which have been modified into office use and the third is an older auxiliary building situated on the back alleyway which is leased as a business.

505 E Center St- Is a 2-story residential structure modified into office use. Total sqft is 1826. The first floor has been modified into a front reception and waiting room with three individual offices, an employee breakroom (full kitchen with appliances) and a half bath. Upstairs is three offices with a full bath and laundry. The building has hardwood flooring and a combination of plaster and drywall interior construction. It is a brick structure situated on a concrete block foundation over a crawl space. It has central HVAC and an attached carport on back. It is currently rented as residential property for $1500/month.

509 E Center St- is a 2-story residential structure modified into office use. Total sqft. is 1664. The first floor has a front reception and waiting area, a private office, full kitchen and half bath. Upstairs is two offices and a full bath with laundry. It is currently rented as mixed use - office on main level and living quarters upstairs. Rent is $1500/month.

The auxiliary building is modified into an office space. It is 620 sqft. It has a reception/waiting room, two small offices and half bath. It is currently rented for $400/mo. All three structures off street parking. Floor plans attached. Current leases available on request. Property might be able to divide into separate parcels. Current listing is for all three structures. Property being sold in ''As-Is'' condition.

Location

State TN

County Sullivan

Community City Of Kingsport

Zoning B2E

Direction Property on Center St. Driveway entrance off Island Street or alley behind property.

Interior

Heating Electric,Heat Pump,Wall Furnace, Electric

Cooling Heat Pump,Wall Unit(s),Window Unit(s)

Equipment Dishwasher,Range,Refrigerator,Smoke Detector(s)

Heat Source Electric,Heat Pump,Wall Furnace

Exterior

Roof Type Composition

Road Frontage City Street,Alley

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Vinyl Siding,Wood Siding

New Construction No

Others

Senior Community No

Tax ID 0460 F 019.00

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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