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Debby Gibson Real Estate Co.

contactus@debbygibson.com +1(423) 833-7492

$ 2,298,000

Est. payment -/mo

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125, 133 Broad ST Kingsport, TN 37660

12,500 SqFt

UPDATED:

11/04/2024 09:42 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,500 sqft

Price per Sqft $183

MLS Listing ID 9973096

HOA Y/N No

Total Fin. Sqft 12500

Originating Board Tennessee/Virginia Regional MLS

Year Built 1918

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 102x 139

Property Description

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

Location

State TN

County Sullivan

Area 0.32

Zoning Commercial

Direction From Center Street take a right on Broad Street, Building is Stir-Fyy

Interior

Heating Electric, Forced Air, Heat Pump, Electric

Cooling Central Air, Heat Pump

Equipment Basement, Lighting-Fluorescent

Heat Source Electric, Forced Air, Heat Pump

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Rubber

Road Frontage City Street, Alley

Building

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Others

Senior Community No

Tax ID 046p B 009.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Tim Carter • Evans & Evans Real Estate

Debby Gibson Real Estate Co.

+1(423) 833-7492

Debby Gibson Real Estate Co.

125, 133 Broad ST Kingsport, TN 37660

Key Details

Location

Interior

Exterior

Building

Others

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125,133 Broad ST