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Shipley Ferry Medical Office 1242 W Shipley Ferry Rd 8,800 SF Office Building Kingsport, TN 37663 $3,800,000 ($431.82/SF)



Investment Highlights
- Reception/waiting, 15 exam rooms, procedure room, lab, x-ray & IT room
- Spacious parking lot with 45 spaces & room for expansion
- 5 nurses' stations, 5 physician offices, 5 restrooms & kitchen/break room
- Just off I-81, exit 59
Executive Summary
8,800 SF medical office building on 1.5 acres just off I-81 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
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,800 SF
Building Class
B
Year Built
2021
Price
$3,800,000
Price Per SF
$431.82
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)
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 106C-C-003.05 | Improvements Assessment | $668,280 |
| Land Assessment | $66,000 | Total Assessment | $734,280 |
Property Taxes
Parcel Number
106C-C-003.05
Land Assessment
$66,000
Improvements Assessment
$668,280
Total Assessment
$734,280
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Shipley Ferry Medical Office | 1242 W Shipley Ferry Rd
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