930 Wilcox CT, Kingsport, TN 37660
930 Wilcox CT, Kingsport, TN 37660
930 Wilcox CT, Kingsport, TN 37660
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$425,000
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1,850 SqFt
New

930 Wilcox CT Kingsport, TN 37660

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,850 sqft

Price per Sqft $229

MLS Listing ID 10000887

HOA Y/N No

Total Fin. Sqft 1850

Year Built 1981

Lot Size 0.530 Acres

Acres 0.53

Lot Dimensions 122.27 X 190.74 IRR

Source Tennessee/Virginia Regional MLS

Property Description

INVESTMENT OPPORTUNITY IN KINGSPORT! Now is your chance to own an income-producing commercial property in a convenient Kingsport location. Offered at $425,000, this 1,920 sq ft strip center features 8 units, with Units 3 and 4 currently combined to create one larger space.

The property currently generates approximately $34,800 in annual lease income with one unit still available to lease, offering additional income potential. Each unit features its own restroom and two separate rooms, and an individual PTAC heating and cooling unit, providing flexible space suitable for a variety of office, retail, or service-based businesses.

Tenants are responsible for their own electric, while the owner pays the water expense through one shared water meter.

Convenient customer parking is available in the front parking lot with additional parking spaces along the side of the building. Ideally located just off Wilcox Drive and approximately 1.6 miles from I-26, the property offers easy access and excellent convenience for tenants and customers alike.

Whether you are looking to expand your investment portfolio, or occupy a portion of the building for your own business, this Kingsport commercial property offers a great combination of location, income and potential.

Location

State TN

County Sullivan

Area 0.53

Zoning M1

Direction From Downtown Kingsport: Wilcox Drive to Wilcox Business Center. Turn right on Wilcox Court, second building on left.

Interior

Heating Other, See Remarks

Cooling Other, See Remarks

Equipment Exterior Lights, Lighting-Fluorescent

Heat Source Other, See Remarks

Exterior

Roof Type Rubber

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Structure Type Block,Metal Siding

New Construction No

Others

Senior Community No

Tax ID 061 012.40

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Mary Ann Patton • Property Executives Johnson City

NEARBY SCHOOLS & PROPERTIES

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Brokerage License ID: 256018

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930 Wilcox CT