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3377 East Stone Drive, Kingsport, TN 37660 - $375,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sale Sub Type: MLS Number: 9993788
Living Area: 5,000 Lot Acreage: 1 Year Built: 1987
Elementary School: Middle School: High School:
Property Description
Positioned in one of Kingsport's most visible commercial corridors, 3377 East Stone Drive offers a prime investment opportunity with immediate income and long-term upside. This ±5,000 SF steel-frame warehouse is currently leased to a collision repair operator under a 2-year lease generating $30,000 annually, with the tenant responsible for utilities--providing a strong, low-maintenance income stream from day one. Constructed with durable crimped steel siding and a metal roof, the building is well-suited for continued automotive use or a wide range of industrial applications. The property sits on a level, fully fenced lot along busy Highway 11W (East Stone Drive), benefiting from exceptional visibility and a daily traffic count of approximately 22,500 vehicles. Zoned M1R, the site allows for a variety of light industrial and manufacturing uses, making it attractive for both investors and owner-users. Key features include three 12' x 12' roll-up doors for efficient access, 16' ceiling height, and ample outdoor storage space--ideal for vehicle storage or equipment staging. The property is serviced by public water and sewer and is located within the Kingsport city limits, ensuring ease of operations and accessibility. With its strategic location, stable income, and flexible zoning, this property represents a compelling opportunity in a high-demand industrial corridor.
Listing Status
Active
  • More Listing Info
    AC:Wall Unit(s)true
    Business Type:Auto Dealertrue
    Business Type:Auto Repair-Specialtytrue
    Business Type:Auto Servicetrue
    Business Type:Truck Garagetrue
    Contract Info:ForeclosureNo
    Development Status:See Remarks37true
    Easements:Flood Zonetrue
    Electric Service:Phase 3true
    Exterior Finish:Metal Sidingtrue
    General Property Description:# Parking Spaces60
    General Property Description:# Restrooms1
    General Property Description:Acres0.84
    General Property Description:Annual Lease30000.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size2101x319x146x359
    General Property Description:Price LeaseSqFt6.0
    General Property Description:Road Frontage Length101
    General Property Description:Stories31.0
    General Property Description:Total SqFt Finished5000.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2M 1R
    Heating:Electrictrue
    Info Available:Survey2true
    Location Tax Legal Info:City Taxes1512.25
    Location Tax Legal Info:County Taxes1454.19
    Location Tax Legal Info:Deed Book #3593
    Location Tax Legal Info:Deed Page #864
    Other Equipment:Garage Bay(s)true
    Other Equipment:Pole Signtrue
    Other Equipment:Security Fencetrue
    Other Equipment:Security System3true
    Possession:See Remarks17true
    Property Condition:Averagetrue
    Remarks Misc:Directions3From Kingsport travel east on 11W. Property is on right just across from Acadia Dr.
    Remarks Misc:Public Remarks7Positioned in one of Kingsport's most visible commercial corridors, 3377 East Stone Drive offers a prime investment opportunity with immediate income and long-term upside. This ±5,000 SF steel-frame warehouse is currently leased to a collision repair operator under a 2-year lease generating $30,000 annually, with the tenant responsible for utilities--providing a strong, low-maintenance income stream from day one. Constructed with durable crimped steel siding and a metal roof, the building is well-suited for continued automotive use or a wide range of industrial applications. The property sits on a level, fully fenced lot along busy Highway 11W (East Stone Drive), benefiting from exceptional visibility and a daily traffic count of approximately 22,500 vehicles. Zoned M1R, the site allows for a variety of light industrial and manufacturing uses, making it attractive for both investors and owner-users. Key features include three 12' x 12' roll-up doors for efficient access, 16' ceiling height, and ample outdoor storage space--ideal for vehicle storage or equipment staging. The property is serviced by public water and sewer and is located within the Kingsport city limits, ensuring ease of operations and accessibility. With its strategic location, stable income, and flexible zoning, this property represents a compelling opportunity in a high-demand industrial corridor.
    Restrictions:Right of Waytrue
    Road Access:Highwaytrue
    Roof:Metal3true
    Sale Includes:See Remarks35true
    Sewer:Public Sewertrue
    Utilities:Electricity Connectedtrue
    Utilities:Sewer Connectedtrue
    Utilities:Water Connectedtrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
TCI Group - Jerry Petzoldt Agency, LLC
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