705 W Race St, Kingston, TN 37763
Mixed-use property includes street-level restaurant space with a basement plus nine updated, 100%-occupied apartments.
Property Features for 705 W Race St
General Information
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Investment Insights
Based on property information with market context.
The property also includes nine newly updated apartments. Updates noted include new front doors, decks and stairs, siding, windows, plumbing, and paint. Five of the units are currently operated as short-term rentals, and four are in standard 12-month lease housing. All nine apartments are 100% occupied, with one additional unit used as storage that could be converted back to an apartment.
The owner indicates willingness to build out the commercial space, and lease terms for the commercial offering are stated as negotiable.
Key Highlights
- Mixed‑use building with street‑level restaurant space, a 2,000 SF basement, and nine updated apartments
- Restaurant space includes original New York pizza ovens, industrial mixer, refrigerator and freezer
- Basement area is 2,000 SF and can be used as additional commercial space or kept as basement use
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 37763, TN
Market
Vacancy Rate% for Multifamily in South region