930 Wilcox CT
Commercial $ 425,000

930 Wilcox CT

Kingsport, TN 37660

  • 1,850 SqFt
  • 0.53 Lot Size
  • 1981 Year Built
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.
Listed by Mary Ann Patton of Property Executives Johnson City

PROPERTY DETAIL

  • 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

  • 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.

  • Building

    Sewer Public Sewer

    Water Public

    Structure Type Block,Metal Siding

    New Construction No

  • 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

  • Others

    Senior Community No

    Tax ID 061 012.40

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

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CONTACT

MaryAnn Patton
MaryAnn Patton

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