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George Porcella

Bluff City TN Real Estate & Commercial for Sale

The median home value in Bluff City, TN is $199,500. This is higher than the county median home value of $169,850. The national median home value is $308,980. The average price of homes sold in Bluff City, TN is $199,500. Approximately 65% of Bluff City homes are owned, compared to 26% rented, while 9% are vacant. Bluff City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Bluff City real estate agent to arrange a tour today!
Learn more about Bluff City.


Showing Homes Nearby Bluff City, TN
Beds:
n/a
Baths:
Sq.Ft.:
5,927
Status:
Active
MLS#:
2631882
Type:
Retail, Business Opportunities
Lot size:
0.16 Acres
Year built:
1930
Courtesy: SVN Accel Commercial Real Estate, 6155680167
View additional info

3 historically preserved brick buildings offered at a 9% Cap Rate based on existing net income **115 E Market St. 117 E Market St. and 116 E Market St. *** Fully occupied buildings, one suite in 115 E Market is currently being renegotiated NNN lease 5 year term. Tenant mix consists of a variety of retail tenants including a Spa / Salon, Cafe shop, Anchor Dispensary, Gift Shop, Pet Spa, and 4 residential Loft spaces located on 2nd story of 116 E Market St. Total square foot is 16,627 SF, total rentable square foot is 16,427SF. All 3 Buildings have been fully redeveloped and is part of a broader value add / redevelopment portfolio located in the historic downtown Kingsport, TN region. Portfolio consists of 18 buildings totaling 219,294 SF priced at $81.28/SF and all centrally located in downtown Kingsport. Ownership is open to partial portfolio, or individual asset sales. Buildings also sit in an Opportunity Zone. Great opportunity to invest early in a growing downtown area.


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