1103 Bluff City Hwy

Shopping Center for Sale
Catylist Listing ID: 30816630
Property Subtypes: Net Leased, Strip Center
Building Size (RSF): 8,050 SF
Gross Building Area: See Agent
Gross Land Area: 0.45 Acres
Sale Price: $495,000
Unit Price: $61.49 PSF
Ceiling: 12 ft.
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/29/2022

Overview / Comments

This is a condo building with the left two spaces for sale. Each owner is responsible for their portion of the building and their property. Each space is approximately 4,000 square feet. Both tenants are on a month to month lease. The new owner can find long-term tenants for the spaces. The building is in a good part of Bristol, TN and with some TI allowance this would make a great investement.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 082037NA03850
Property Visibility: Excellent
Largest Nearby Street: Volunteer Parkway
Area Description: Bristol is getting a lot of attention with the opening of a new casino. Bristol also offers a lot of activities from nascar to the birthplace of country music.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: The property has a large parking lot with plenty of spaces for busy tenants
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Heat Pump
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,512 27,782 57,542
Median Age: 42.61 42.02 42.38
Households: 716 11,965 24,741

Contact

Photograph of Listing Agent

Kreg Ramey

Holrob KAAR CIE Member
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