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    FOR SALE
    Retail space

    2705 N John B Dennis Hwy, Kingsport, TN 37660

    1,848 SF 0.38 ac lot Built 1951
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US80-0748898
    Property summary
    AI-generated overview

    This exceptional commercial property at 2705 N John B Dennis Highway in Kingsport, Tennessee presents a remarkable investment opportunity. Boasting a total of 0.71 acres (two lots, 0.38 acres and 0.33 acres), this property offers significant visibility with approximately 225 feet of road frontage on John B Dennis Highway. The main building encompasses 1,848 square feet and includes a valuable walk-in refrigeration unit, a significant asset for various commercial ventures. A substantial parking lot provides ample space for customers and employees. This sale includes both lots, the building, and the walk-in refrigeration unit. It's important to note that the existing business and its contents are not included in this sale. The property's prime location and versatile features make it ideal for a wide range of commercial uses, offering the potential for high visibility and strong returns. The extensive road frontage and ample parking ensure easy access and convenience for customers. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and development in a thriving Kingsport location. The possibilities are truly endless for a discerning buyer seeking a strong foothold in the Kingsport commercial market. The property is priced at $300,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1951
    Total area 1,848 SF
    Lot 0.38 ac (16,553 SF)
    Zoning code B-3
    APN 082031J A 00105
    UPID US80-0748898
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • LibertyX Bitcoin ATM Atm
    • Pit Stop Lounge Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    OSBORNE SUSAN A MARK OSBORNE
    OSBORNE SUSAN A MARK OSBORNE
    Zoning & alternative use
    B-3 · Kingsport, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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