Remarks

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

Details

MLS#: 9973096
Price: $2,298,000

Sq Ft: 25000
Year Built: 1918

County: Sullivan
Lot Size: 102x 139
Tax Fee: 4636.0500000000002