Price Reduction - Lease to Own
Address
201 East Center Street Kingsport, TN
Price
$ 495,000
Property Attributes
  • MLS#9931515
  • TypeCommercial
  • CountySULLIVAN
  • CityKingsport
  • Zip37660
  • StyleRecreation,Restaurant,Retail,Vacant
  • Year Built1971
  • Taxes$ 6372
  • Price$ 495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10260
  • Lot Size0.5 Acres
Listing Provided Courtesy Of:
SNYDER REAL ESTATE CO. INC.
Data Source:
Tennessee Virginia Regional MLS (NETAR)
Property Description

Beautiful renovated 10,000 plus Sq Ft two story building located in one of the most desired locations in downtown Kingsport! The building is currently known as ''The Model City Event Center'' and is a very successful rental venue for weddings, proms, birthday parties, trade shows, ect. Enter the main level through double glass sliding delivery doors that leads to over 5100 sq ft of open space with amazing lighting, a kitchenette for catering, a grooms suite/utility room with connecting bathroom. Take the elevator or stairs to the second level where you will find another 5100 sq ft of open space with a very large bridal suite/utility room with 2 bathrooms.This building has endless business possibilities. HVAC and Elevator just serviced. Event Center, Restaurant with rooftop bar, Brewery, Loft Apartments, Fitness Center, Medical Practice/Office, Insurance Company, Beauty Salon & Boutique, ect. There is also a private entrance for the second level that would make it very easy to lease out. LEASE TO OWN OPTION AVAILABLE!! Don't miss out on this one.

Price History
12/1/2021 Listed $525,000
1/25/2022 6% - $495,000

General Features

Business Type Recreation, Restaurant, Retail, Vacant
Financing Cash, Conventional
Heating Heat Pump
Other Equipment Delivery Doors, Display Window, Dumpster, Elevator, Exterior Lights, Freight Elevator, Garage Bay(s), Handicap Access, Handicap Facilities, Lighting-Fluorescent, Range, Refrigerator
Property Condition Above Average
Property Type C
Roof Composition
Sewer Public Sewer
Water Public
Zoning Commercial

Interior Features

Number of Restrooms 3

Exterior Features

Exterior Finish Brick
Lot Size 50x105
Road Access Alley, City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 37660

Price
AVG $480K
$500K
Taxes
AVG $8,733
$6,372
Visits
AVG 25
22
Year Built
AVG 1981
1971
Walkscore
AVG 41
80
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.