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Shipley Ferry Medical Office Investment 1242 W Shipley Ferry Rd 8,800 SF Office Building Kingsport, TN 37663 $5,257,490 CAD ($597.44 CAD/SF)
Investment Highlights
- Investment property with long-term tenant
- Just off I-81, exit 59
- Built in 2021
- Spacious lot with 45 parking spaces & room for expansion
Executive Summary
8,800 SF medical office investment with long-term tenant is available for sale. Built in 2021, the space includes a large reception/waiting room, 2 sub-waiting rooms, 15 exam rooms, a procedure room, lab, x-ray and IT room. The layout features 5 nurses’ stations, 5 physician offices, a kitchen/break room and 5 restrooms.
The property offers a spacious parking lot with room for expansion and is zoned B-3, Highway Oriented Business District.
From I-81: Take exit 59, then travel south on Hwy 36/Fort Henry Drive. In approx. 0.2 miles, turn right onto W Shipley Ferry Rd. Subject is on the left at the intersection of Montvue Rd.
The property offers a spacious parking lot with room for expansion and is zoned B-3, Highway Oriented Business District.
From I-81: Take exit 59, then travel south on Hwy 36/Fort Henry Drive. In approx. 0.2 miles, turn right onto W Shipley Ferry Rd. Subject is on the left at the intersection of Montvue Rd.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,800 SF
Building Class
B
Year Built
2021
Price
$5,257,490 CAD
Price Per SF
$597.44 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,800 SF
Building FAR
0.13
Lot Size
1.52 AC
Zoning
B-3 - Highway Oriented Business District
Parking
45 Spaces (5.11 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 106C-C-003.05 | Improvements Assessment | $922,086 CAD |
| Land Assessment | $91,066 CAD | Total Assessment | $1,013,152 CAD |
Property Taxes
Parcel Number
106C-C-003.05
Land Assessment
$91,066 CAD
Improvements Assessment
$922,086 CAD
Total Assessment
$1,013,152 CAD
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Shipley Ferry Medical Office Investment | 1242 W Shipley Ferry Rd
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