Active

125,133 Broad Street

Kingsport TN, 37660

$2,298,000


$183.84 per sqft

Active

12,500 sqft

Commercial

Built in 1918

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

9973096

MLS ID

November 4, 2024

Listed

November 22, 2024

Updated

Map

125,133 Broad Street
Kingsport TN, 37660

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Heat Pump


Heating

Yes


Heating Description

Electric, Forced Air, Heat Pump

Exterior/Building Features

Lot Size

0.32 Acres


Roof

Rubber


Sewer

Public Sewer

Other Property Details

Area Name

413 - Downtown,Greenfields,Hillcrest


Days on Market

5


Garage

No


Parking Total

2


View

No


County

Sullivan


Water Source

Public


Pool

No


Zoning

Commercial

The IDX display presents information sourced from the Tennessee / Virginia Regional Multiple Listing Service as of 11/22/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified.

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