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981 Lynn Garden Drive, Kingsport, TN 37665 - $430,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sale Sub Type: MLS Number: 9982918
Living Area: 3,350 Lot Acreage: 0 Year Built: 1928
Elementary School: Middle School: High School:
Property Description
Outstanding Mixed-Use Investment Opportunity with Significant Upside Potential. Presenting a versatile mixed-use property offering exceptional potential for investors and entrepreneurs alike. The street-level commercial space is ideally suited for a retail storefront, professional office, or creative studio, while the upper level features two separate residential units—each with strong income-generating possibilities. **Unit 1:** 2 Bedrooms | 1 Bathroom **Unit 2:** 3 Bedrooms | 2 Bathrooms While the property requires renovation, it offers a unique opportunity to add value and maximize returns. Separate entrances for each unit provide flexibility for a variety of uses, including long-term rentals, short-term Airbnb accommodations, or convenient live/work arrangements. Whether your goal is to launch a new business, expand your investment portfolio, or renovate for resale, this property offers outstanding flexibility, a desirable location, and considerable untapped potential. Seize this rare opportunity to acquire a property with inherent equity and the ability to generate multiple income streams. Schedule your private tour today. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
Listing Status
Active
  • More Listing Info
    AC:Ceiling Fan(s)true
    AC:Heat Pump3true
    AC:Window Unit(s)true
    Business Type:BarberBeautytrue
    Business Type:BarTavernLoungetrue
    Business Type:Convenience Storetrue
    Business Type:Grocerytrue
    Contract Info:ForeclosureNo
    Development Status:Other35true
    Electric Service:Other34true
    Exterior Finish:Other16true
    General Property Description:Acres0.12
    General Property Description:Annual Lease0.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size250 x 118M IRR
    General Property Description:Total SqFt Finished3350.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2COMM
    Heating:Other12true
    Info Available:See Remarks28true
    Location Tax Legal Info:City Taxes303.74
    Location Tax Legal Info:County Taxes379.42
    Other Equipment:Boilertrue
    Other Equipment:Display Windowtrue
    Other Equipment:Garage Bay(s)true
    Other Equipment:Loading Dock(s)true
    Property Condition:Below Averagetrue
    Property Condition:Fixertrue
    Remarks Misc:Directions3Merge onto I-26 W Take exit 1 for US-11W S Slight right to merge onto US-11W N/W Stone Dr Merge onto US-11W N/W Stone Dr Use the left lane to merge onto TN-36 N/Lynn Garden Dr Destination will be on the right
    Remarks Misc:Public Remarks2Outstanding Mixed-Use Investment Opportunity with Significant Upside Potential. Presenting a versatile mixed-use property offering exceptional potential for investors and entrepreneurs alike. The street-level commercial space is ideally suited for a retail storefront, professional office, or creative studio, while the upper level features two separate residential units—each with strong income-generating possibilities. **Unit 1:** 2 Bedrooms | 1 Bathroom **Unit 2:** 3 Bedrooms | 2 Bathrooms While the property requires renovation, it offers a unique opportunity to add value and maximize returns. Separate entrances for each unit provide flexibility for a variety of uses, including long-term rentals, short-term Airbnb accommodations, or convenient live/work arrangements. Whether your goal is to launch a new business, expand your investment portfolio, or renovate for resale, this property offers outstanding flexibility, a desirable location, and considerable untapped potential. Seize this rare opportunity to acquire a property with inherent equity and the ability to generate multiple income streams. Schedule your private tour today. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
    Restrictions:See Remarks34true
    Road Access:City Streettrue
    Road Access:Highwaytrue
    Road Access:Interstatetrue
    Roof:Metal3true
    Roof:Other15true
    Roof:Shingletrue
    Sale Includes:Business Onlytrue
    Sale Includes:Other38true
    Sewer:Public Sewertrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
LPT Realty - Griffin Home Group
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