Former Bank Building

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30766544
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 1,616 SF
Gross Building Area: See Agent
Gross Land Area: 0.43 Acres
Sale Price: $325,000
Unit Price: $201.11 PSF
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 1,616 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/7/2022

Overview / Comments

This former bank building is in great condition and is ready for a new owner. The location is prime, it is sitting at the tip of three states, Virginia, Tennessee and Kentucky. This building is a modular office building that brick has been added to the exterior of the building. The vault in the bank building make it ideal for multiple types of businesses such as insurance agency, pawn shop, jewelry store and many other options for this beautiful building. In addition to the teller stations and drive through area, there are two offices, copy room, 2 public restrooms and kitchenette. It has 13 parking spaces including a handicap space in the paved parking lot and it has the drive through, ATM machine, office furniture and equipment stay with property; turn key opportunity. It is easily visible from the four lane highway, Wilderness Rd and is close to the National Park and LMU is 5 minutes away and the LMU Ewing Vet Campus is about 10 minutes away.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Lee
Submarket Type: Other
Taxing Authority: Lee County
Tax ID/APN: 78-(A)-7A
Property Located Between: Wilderness Road and Station Creek Rd
Property Visibility: Excellent
Highway Access: Interstate is approximately
Site Description: level paved driveway
Area Description: growing area with businesses and the National Park nearby
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,616 SF
Year Built: 1984
Roof Type: Gable
Construction/Siding: Modular
Exterior Description: brick exterior added
Parking Type: Surface
Parking Description: level paved parking with parking spaces
Total Parking Spaces: 13
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Other
Internet Access: Fiber Optic
Zoning Description: commercial
Water Service: Municipal
Easements: Electric Lines, Utilities
Legal Description: Tax Map ID 78-(A)-7A

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,126 9,226
Median Age: 42.12 38.19
Households: 1,726 3,604
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