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1225 East Stone Drive, Kingsport, TN 37660 - $1,750,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sub Type: MLS Number: 9965178
Living Area: 13,000 Lot Acreage: 1 Year Built: 1957
Elementary School: Middle School: High School:
Property 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.
  • More Listing Info
    AC:Heat Pump3true
    AC:Other5true
    AC:See Remarks11true
    Business Type:Franchise2true
    Business Type:Restauranttrue
    Business Type:Retail2true
    Business Type:See Remarks33true
    Contract Info:ForeclosureNo
    Development Status:Infrastructure Intrue
    Development Status:See Remarks37true
    Electric Service:Phase 3true
    Electric Service:See Remarks36true
    Exterior Finish:Block5true
    Exterior Finish:Wood Sidingtrue
    General Property Description:Acres0.97
    General Property Description:Annual Lease0.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size2300 X 138.81 IRR
    General Property Description:Total SqFt Finished13000.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2B3
    Heating:Heat Pump2true
    Heating:Other12true
    Heating:See Remarks10true
    Info Available:Aerialtrue
    Info Available:Floor Plantrue
    Info Available:Other29true
    Info Available:See Remarks28true
    Location Tax Legal Info:City Taxes7300.19
    Location Tax Legal Info:County Taxes8790.33
    Location Tax Legal Info:Deed Book #3598
    Location Tax Legal Info:Deed Page #1280
    Other Equipment:See Remarks38true
    Property Condition:Averagetrue
    Remarks Misc:Directions3From I-81N, Take exit 59 for TN-36 toward Kingsport/Johnson City. Turn left onto Fort Henry Dr. Continue straight to stay on TN-36 N/Fort Henry Dr. Merge onto TN-93 N via the ramp to Bristol. Slight right onto the US-11W S ramp. Merge onto US11W N/E Stone Dr.
    Remarks Misc:Public Remarks2Looking 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
    Restrictions:Other37true
    Restrictions:See Remarks34true
    Road Access:City Streettrue
    Road Access:See Remarks32true
    Roof:Metal3true
    Sale Includes:Fee Simpletrue
    Sewer:Public Sewertrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
The Addington Agency Bristol
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