Commercial ()

123 & 125 Broad St, Kingsport, TN 37660

Stories: 4.0

Price: $1,800,000 Price Per ft²: $54.51 List Date: 2025-04-10 DOM: 17
City Tax: $3,370 County Tax: $4,210

Year Built: 1918 pre-1978 Homes

Finished Area: 9,111 ft²

Unfinished: 23,908 ft² (not in garage)

Total Area: 33,019 ft² (Finished & Unfinished)

Lot Size: 0.25 acre(s) Lot Dimensions: 77x 141 Road Frontage: 126ft

Heating: Forced Air, Electric, Heat Pump Cooling: Central Air, Heat Pump Water & Sewage: Public

Description

(125)*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 3 floors upstairs that would be perfect for lofts, professional offices, or even a hotel. Building is sprinklered and has a new roof.Beautiful windows looking down Broad Street. (123) The second Building has a vacant Storefront that could be leased for around $2,500.00 monthly has a second floor that shares access with the stir fry building. Also a mezzanine area. This building also has a new roof. There is also a shared easement for Stairway and halls Great investment property with existing Income and unlimited potential. Information Deemed reliable Buyer/ Buyers agent to verify*Listing Agent to be present for all showings*