1225 East Stone Drive , Kingsport, TN 37660
Kingsport, TN 37660
Description
Looking for an investment opportunity in the heart of Kingsport? Don't miss this one! First time being offered on the market, we are pleased to officially offer the iconic Pratt's BBQ property for sale! Showcasing over 13,000+ sqft of usable space, this 0.97 +/- acre site features B3 zoning, and offers an ideal opportunity for redevelopment, or the possibility for someone to continue the legacy of operating as a restaurant. Promoting tons of potential with flexible zoning uses, this property could easily serve for a restaurant, QSR, financial institution, retail establishment, professional service hub, and so much more. Strategically positioned on a signalized intersection on Stone Dr, this well known staple offers high visibility promoting tons of exposure with over 31,000+ average daily traffic count (ADTC), pylon sign, and local familiarity stemming from a long standing history. Currently operated as a restaurant, this property comes equipped with a multiple fully outfitted commercial kitchens, full bar, ADA compliant bathrooms, executive offices, 3-phase power, multiple walk in freezers for cold storage, residential apartments for personal use or rental income, plus unique features that include multiple fireplaces, 3 car garage, dumbwaiter, and so much more. Offering multiple points of ingress, and egress; this property also offers easy access to all nearby highways, and interstates making your business easily accessible for anyone in the TriCities. Whether you're a developer looking to maximize the highest and best use for this coveted location, or an enterprising investor eager to start, relocate, or expand your business into the thriving Stone Dr corridor; this rare opportunity will not last long priced to sell at $1.75. Call today to schedule your appointment! This listing exclusively pertains to the building and its associated property. Pratt's business operations, its name, and any other intellectual property owned by Pratt's are expressl y excluded from the sale of this property. Proposed plans are available upon request, please see LA for further information. All information contained herein is deemed reliable but gathered from tax records and homeowner and is subject to buyers verification.
Details
| MLS# | 9965178 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1957 |
| Days On Site | 270 |
| Listing Provided By | The Addington Agency Bristol | Garrett Addington |
Features
| SQ Feet | 13,000 |
|---|---|
| Zoning | B3 |
| Acreage | 0.97 |
Market Activity 37660
Request a showing
Request a showing
Contact
Learn More About This Property
| State | TN |
|---|---|
| County | Sullivan |
| City | Kingsport |
| Zip Code | 37660 |
| Area | 412 Highland | Fairacres | Preston For |
| Subarea | 412 Highland | Fairacres | Preston For |
| Listing VS Median (in 37660) | |
Price: $1,595,000 low | high Med: $317,500 SqFt: 13,000 low | high Med: 1,360 $ / SqFt: $123 low | high Med: $234 On Site: 270 low | high Med: 11.500000 | |
Equal housing opportunity. An equal opportunity company.
Some or all of the listings on this page may not belong to Town and Country Real Estate.
Each office is independantly owned and operated.
