Listed by NAI Koella | RM Moore
$550,000
130-134 Broad Street
Details
Property Type Retail, Multifamily
Sub Type Restaurant
Square Footage 10,000
Units 4
Occupancy 50%
Tenancy Multi
Lease Type NNN
Price per SqFt $55
Broker Co-Op Yes
Year Built 1920
Buildings 1
Stories 2
Zoning B-2
Investment Type Redevelopment
Urban Redevelopment in Opportunity ZONE - Kingsport, TN
Marketing description
Historic Charm with all the benefits of an Opportunity Zone
Potential for 4 Residential Lofts with 5,000 SF on the 2nd floor.
5000 SF occupied by 1st Floor Retail Tenants, including Cherie's Boutique and PD Records.
50’x39’ back lot for on-site dedicated parking or new construction.
Original brick architectural detail under the metal facade.
Located in a qualified Opportunity Zone
$55/SF
Investment highlights
Value Add
Partially Occupied
Potential for new construction (additional SF)
In a qualified Opportunity Zone
Grants Available
First floor occupied by two tenants, second floor dark shell
Centrally located to all of Downtown Kingsport
Listing Contacts
Listed by NAI Koella | RM Moore
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Address
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
