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5121 Memorial Blvd Boulevard

Kingsport, TN 37664
  • $420,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 9942307
UPDATED: 25 min ago
$420,000
  • 0
    BEDS
  • 1.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,439
    SQFT
  • $40
    $/SQFT
Type:
Commercial
Built:
1962
County:

School Ratings & Info

Description

Rare opportunity to own a working restaurant that boasts two apartments above it. Restaurant is fully operational and doing well. Owner leases this fantastic space to run Indian Springs Grill. The one bedroom apartment is leased currently to a long term tenant on a month to month basis. Tenant would like to stay. Other apartment is a large 3 to 4 bedroom, 2 bath with kitchen and living room. So many possibilities. A ton of road frontage and extra lot. Located 4 miles off of I-81. Close to Pinnacle shopping area as well. Showings available on Sundays and Mondays in order to not disturb the restaurant and patrons during operational hours.

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© 2022 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2022-10-01T19:59:55.563.
www.house2homesearch.com/homes/132233861
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5121 Memorial Blvd Boulevard Kingsport, TN 37664

  • Price: $420,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 25 min ago
  • MLS #: 9942307
0
Beds
0
Baths
0
½ Baths
1.29
Acres
10,439
SQFT
$40
$/SQFT
1962
Built
Neighborhood:
Airport,Fall Crk,Cooks Valley
County:
Sullivan
Area:
Airport,Fall Crk,Cooks Valley
Property Description
Rare opportunity to own a working restaurant that boasts two apartments above it. Restaurant is fully operational and doing well. Owner leases this fantastic space to run Indian Springs Grill. The one bedroom apartment is leased currently to a long term tenant on a month to month basis. Tenant would like to stay. Other apartment is a large 3 to 4 bedroom, 2 bath with kitchen and living room. So many possibilities. A ton of road frontage and extra lot. Located 4 miles off of I-81. Close to Pinnacle shopping area as well. Showings available on Sundays and Mondays in order to not disturb the restaurant and patrons during operational hours.
Exterior Features

Exterior Finish Vinyl Siding Lot Size 150.56 X 195.1 IRR Road Access City Street Roof Architect Shingle

Interior Features

Ac Central AirWindow Unit(S) Heating Heat Pump Total Sqft Finished 10439.00 Total Sqft Unfinished 0.00

Property Features

Annual Lease Amount 2200.00 Auction No Business Type Restaurant City Taxes 0.00 County Taxes 3038.55 Development Status Other Electric Service 220 VoltsOther Financing CashConventional Foreclosure No Info Available See Remarks Other Equipment Security System Restrictions Other Sale Includes Fee Simple Sewer Public Sewer Short Sale No Water Public Zoning Commercial

Listing information © 2022 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Joanna Borthwick of Greater Impact Realty Llc: (423) 973-8634.



© 2022 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2022-10-01T19:59:55.563.
 
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Bridge Pointe Real Estate
504 E Jackson Blvd
Jonesborough TN, 37659