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.

Property Features