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105 Brookfield Drive, Kingsport, TN 37663 - $355,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sale Sub Type: MLS Number: 9969629
Living Area: 1,542 Lot Acreage: 0 Year Built: 1970
Elementary School: Middle School: High School:
Property Description
Only units 2 and 3 can be shown without speaking with the listing agent. Mixed use building with 3 apartments and 3 offices. The 3 apartments were remodeled 4 years ago and are occupied / leased. New leases were signed at change of ownership in November of 2023. One of the offices is leased at and the other two have been updated / refreshed to vanilla boxes that are currently listed at $650 & $750. There is additional utility / management space on the side separate from all units. All windows, siding, and roof has were replaced approximately 4 years ago. Both water heaters are 5 years old. Electric upgrades were done in the commercial units. All leases are currently gross leases because water heaters in unit 4 and 6 supply other units. Units could be added to allow for individual water heaters.
Listing Status
Active
  • More Listing Info
    AC:Heat Pump3true
    AC:Wall Unit(s)true
    Business Type:OfficeShowroomtrue
    Business Type:Residential2true
    Business Type:Retail2true
    Contract Info:ForeclosureNo
    Development Status:Other35true
    Electric Service:Other34true
    Exterior Finish:Vinyl Sidingtrue
    General Property Description:# Restrooms6
    General Property Description:Acres0.35
    General Property Description:Annual Lease0.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size294x167
    General Property Description:Road Frontage Length94
    General Property Description:Stories32.0
    General Property Description:Total SqFt Finished1542.0
    General Property Description:Total SqFt Unfinished200.0
    General Property Description:Zoning2B3
    Heating:Forced Airtrue
    Heating:Wall Furnacetrue
    Info Available:Books Availabletrue
    Info Available:Leases2true
    Location Tax Legal Info:BlockB
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes1654.5
    Location Tax Legal Info:Deed Book #3581
    Location Tax Legal Info:Deed Page #300
    Location Tax Legal Info:Lot #2
    Other Equipment:Exterior Lightstrue
    Other Equipment:Fire Alarmtrue
    Other Equipment:Smoke Detector(s)2true
    Property Condition:Above Averagetrue
    Property Condition:Averagetrue
    Property Condition:UpdatedRemodeledtrue
    Remarks Misc:Directions3From Fort Henry turn onto Brookfield, build is on the right. Look for the lease / sale signs.
    Remarks Misc:Public Remarks2Only units 2 and 3 can be shown without speaking with the listing agent. Mixed use building with 3 apartments and 3 offices. The 3 apartments were remodeled 4 years ago and are occupied / leased. New leases were signed at change of ownership in November of 2023. One of the offices is leased at and the other two have been updated / refreshed to vanilla boxes that are currently listed at $650 & $750. There is additional utility / management space on the side separate from all units. All windows, siding, and roof has were replaced approximately 4 years ago. Both water heaters are 5 years old. Electric upgrades were done in the commercial units. All leases are currently gross leases because water heaters in unit 4 and 6 supply other units. Units could be added to allow for individual water heaters.
    Restrictions:Buildingtrue
    Road Access:City Streettrue
    Roof:Shingletrue
    Sale Includes:Fee Simpletrue
    Sewer:Septic Tanktrue
    Utilities:Electricity Connectedtrue
    Utilities:Water Connectedtrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
KW Johnson City
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