Kingsport TN Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- 1,765
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.36 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- 9963023
View additional info
Courtesy: Terra Realty Group
910-515-0620
ADDITIONAL INFORMATION
Multiple investment opportunities all wrapped up into one deal! All properties are adjacent to one another and are accessed by the same driveway and right of way. Property currently nets over $47,000 with room to increase profits on each property.
$1,150,000
1080 Lynn Garden Drive Kingsport, TN 37665
- Type:
- General Commercial
- Sq.Ft.:
- 10,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2 Acres
- Year built:
- 1987
- Baths:
- MLS#:
- 9956075
- Subdivision:
- South Lynn Garden
View additional info
Courtesy: Town & Country Realty - Downtown
423-245-8212
ADDITIONAL INFORMATION
Owner financing Available! Exceptional investment opportunity! Available are four commercial buildings plus an additional lot, offering ample parking and outstanding visibility with numerous possibilities. The properties are separate parcels located at 1080 and 1074 Lynn Garden Drive, and 1079 Lynn Avenue. Building 1 at 1080 Lynn Garden Drive features a 40 x 102 (4080 sq ft) space with 13 ft ceilings, four bays, two offices, two bathrooms, one shower, two air compressors, metal shelves, an alarm system, a garage door, and a 120-gallon propane tank. Building 2 at 1074 Lynn Garden Drive measures 46 x 76 (3496 sq ft) and includes several offices, three bathrooms, and two 13 ft overhead doors. Building 3 is 28 x 48 (1344 sq ft) with 16 ft overhead doors, and Building 4 is 20 x 48 (960 sq ft) with 16 ft overhead doors. The offer also includes an extra lot at 1079 Fairway Avenue, measuring 69.4 x 149 Irr, situated behind buildings 3 and 4, which both feature half baths and heating. A small storage building is included as well. The seller has recently upgraded to LED fluorescent lights and high bay 300-Watt lights in the garage. All buildings are equipped with 200-amp service and separate meters, with the white building housing two meters. The parking lot has been recently sealed and striped. With the current vehicle traffic count over 19,000, numbers are expected to increase following the planned Lynn Garden revitalization project. Over $100,000 annual rental income! Consider this property today!
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Kingsport Real Estate
The median home value in Kingsport, TN is $202,100. This is lower than the county median home value of $214,200. The national median home value is $338,100. The average price of homes sold in Kingsport, TN is $202,100. Approximately 54.92% of Kingsport homes are owned, compared to 34.52% rented, while 10.56% are vacant. Kingsport real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kingsport real estate agent to arrange a tour today!
Kingsport, Tennessee 37665 has a population of 55,019. Kingsport 37665 is less family-centric than the surrounding county with 25.12% of the households containing married families with children. The county average for households married with children is 25.58%.
The median household income in Kingsport, Tennessee 37665 is $43,025. The median household income for the surrounding county is $49,661 compared to the national median of $69,021. The median age of people living in Kingsport 37665 is 45.2 years.
Kingsport Weather
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 25.4 degrees. The average rainfall is approximately 43.9 inches per year, with 9.4 inches of snow per year.