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$1,595,000

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13,000 SqFt

Pending

1225 Stone DR Kingsport, TN 37660

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Jessica Brooks

jessicabrooks@epique.me +1(423) 292-1196

UPDATED:

09/17/2024 09:57 PM

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 13,000 sqft

Price per Sqft $122

MLS Listing ID 9965178

HOA Y/N No

Total Fin. Sqft 13000

Originating Board Tennessee/Virginia Regional MLS

Year Built 1957

Lot Size 0.970 Acres

Acres 0.97

Lot Dimensions 300 X 138.81 IRR

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.

Location

State TN

County Sullivan

Area 0.97

Zoning B3

Direction From 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.

Interior

Heating Heat Pump, Other, See Remarks

Cooling Heat Pump, Other, See Remarks

Equipment See Remarks

Heat Source Heat Pump, Other, See Remarks

Exterior

Roof Type Metal

Road Frontage City Street, See Remarks

Building

Sewer Public Sewer

Water Public

Structure Type Block,Wood Siding

New Construction No

Others

Senior Community No

Tax ID 046l A 003.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Garrett Addington • The Addington Agency Bristol

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Jessica Brooks

Agent | License ID: 369339

+1(423) 292-1196

Jessica Brooks

1225 Stone DR Kingsport, TN 37660

Jessica Brooks

Key Details

Location

Interior

Exterior

Building

Others

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1225 Stone DR