$1,150,000
 $5,490 est/mo Sourced by Back At You

1080 Lynn Garden Drive , Kingsport, TN 37665

Kingsport, TN 37665

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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!

Details

MLS#9956075
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1987
Days On Site416
Listing Provided ByTown & Country Realty - Downtown | Steve Lohoff

Features

SQ Feet2,600
Story(s)1
ZoningB3/R1B
Acreage2.00

Market Activity 37665

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Listings Checked: 1 minute ago
StateTN
CountySullivan
CityKingsport
Zip Code37665
Area402 Lynn Garden
Subarea402 Lynn Garden
Community NameSouth Lynn Garden
Listing VS Median (in South Lynn Garden)
Price:
$1,150,000
low | high
Med:
$1,074,950
56.526086956522% of Average
SqFt:
2,600
low | high
Med:
6,250
90.384615384615% of Average
$ / SqFt:
$442
low | high
Med:
$272
88.582608695652% of Average
On Site:
416
low | high
Med:
416.000000
100% of Average
Sourced by Back At You
Listing Updated: September 7, 2024 at 2:20:30 PM PDT
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