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1080 Lynn Garden Drive, Kingsport, TN 37665 - $1,150,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sub Type: MLS Number: 9956075
Living Area: 2,600 Lot Acreage: 2 Year Built: 1987
Elementary School: Middle School: High School:
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!
Listing Status
Active
  • More Listing Info
    AC:Central Airtrue
    Business Type:Auto Dealertrue
    Business Type:Auto Repair-Specialtytrue
    Business Type:Auto Servicetrue
    Contract Info:ForeclosureNo
    Development Status:See Remarks37true
    Easements:None12true
    Electric Service:See Remarks36true
    Exterior Finish:Metal Sidingtrue
    General Property Description:# Parking Spaces30
    General Property Description:# Restrooms6
    General Property Description:Acres2.0
    General Property Description:Annual Lease0.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size2290 x 257 IRR
    General Property Description:Road Frontage Length290
    General Property Description:Stories31.0
    General Property Description:Total SqFt Finished2600.0
    General Property Description:Total SqFt Unfinished7400.0
    General Property Description:Zoning2B3/R1B
    Heating:Propane3true
    Info Available:Plattrue
    Info Available:See Remarks28true
    Location Tax Legal Info:Block1
    Location Tax Legal Info:City Taxes1592.25
    Location Tax Legal Info:County Taxes1917.26
    Location Tax Legal Info:Deed Book #953C
    Location Tax Legal Info:Deed Page #345
    Location Tax Legal Info:Lot #P 1
    Other Equipment:Delivery Doorstrue
    Other Equipment:Display Windowtrue
    Other Equipment:Exterior Lightstrue
    Other Equipment:Free Standingtrue
    Other Equipment:Garage Bay(s)true
    Other Equipment:Lighting-Fluorescenttrue
    Other Equipment:Lighting-High Intensitytrue
    Other Equipment:Outside Storagetrue
    Other Equipment:Overhead Doorstrue
    Other Equipment:Pole Signtrue
    Other Equipment:Security System3true
    Property Condition:Above Averagetrue
    Remarks Misc:Directions3Lynn Garden Drive from Stone Drive, property on the left.
    Remarks Misc:Public Remarks2Owner 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!
    Restrictions:See Remarks34true
    Road Access:City Streettrue
    Roof:Metal3true
    Sale Includes:Fee Simpletrue
    Sewer:Public Sewertrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Town & Country Realty - Downtown
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