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Debby Gibson Real Estate Co.

contactus@debbygibson.com +1(423) 833-7492

$ 1,150,000

Est. payment -/mo

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Active

1080 Lynn Garden DR Kingsport, TN 37665

2,600 SqFt

UPDATED:

09/07/2024 10:05 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $442

Subdivision South Lynn Garden

MLS Listing ID 9956075

HOA Y/N No

Total Fin. Sqft 2600

Originating Board Tennessee/Virginia Regional MLS

Year Built 1987

Lot Size 2.000 Acres

Acres 2.0

Lot Dimensions 290 x 257 IRR

Property Description

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!

Location

State TN

County Sullivan

Community South Lynn Garden

Area 2.0

Zoning B3/R1B

Direction Lynn Garden Drive from Stone Drive, property on the left.

Interior

Heating Propane

Cooling Central Air

Equipment Delivery Doors, Display Window, Exterior Lights, Free Standing, Garage Bay(s), Lighting-Fluorescent, Lighting-High Intensity, Outside Storage, Overhead Doors, Pole Sign, Security System

Heat Source Propane

Exterior

Roof Type Metal

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Structure Type Metal Siding

New Construction No

Others

Senior Community No

Tax ID 029l E 043.00

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Listed by Steve Lohoff • Town & Country Realty - Downtown

Debby Gibson Real Estate Co.

+1(423) 833-7492

Debby Gibson Real Estate Co.

1080 Lynn Garden DR Kingsport, TN 37665

Key Details

Location

Interior

Exterior

Building

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1080 Lynn Garden DR