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PRICE $420,000 SIZE 6,000 sqft LOT SIZE 20,909 sqft Request More Info Schedule a Showing

Multi-purpose building, currently leased to a restaurant with private dining rooms and an office, includes 40'x50' workshop plus a 1,000 sq ft loft for storage. There is a separate storage building with electric meter, a large rear parking area with security fencing and nightlight. Plenty of paved parking with lite pylon sign on Lee Hwy. Alarm system. Traffic count of approx. 19,000 cars per day. Excellent restaurant location, current tenant has been very successful for 6 years. Lease ends Aug. 31, 2024. Land and building are for sale, not the business. Easy access of I-81 exit 10 with Dentist across the street, a Marathon Gas/Quick-stop market next door. Priced for quick sale, current Tax Assessment $402,700. County taxes only. Local call to the Tri-Cities from this location. Buyer could utilize the 2 bay garage/workshop with it's 14 ft doors and 16 ft ceilings, fenced rear parking and office for their own use, then rent the front 2 suites to pay the mortgage or vise versa. This location off Exit 10 and is across the bridge from The Virginian Golf Club and Farm, plus the Emory & Henry Equestrian Facility. The location is half way between Abingdon and Bristol which would benefit a company working in both areas, HVAC contractors, construction companies or most any service industry. Natural gas supplies the heat along with heat pumps and the electrical service to the building has been updated to handle a larger load. Public water and sewer serve the building. Contact listing agent/owner for more information.