Commercial ()

1225 East Stone Dr, Kingsport, TN 37660

Price: $1,595,000 Price Per ft²: $122.69 List Date: 2024-04-30 DOM: 205
City Tax: $7,300 County Tax: $8,790

Year Built: 1957 pre-1978 Homes

Finished Area: 13,000 ft²

Unfinished: 0 ft² (not in garage)

Total Area: 13,000 ft² (Finished & Unfinished)

Lot Size: 0.97 acre(s) Lot Dimensions: 300 X 138.81 IRR

Heating: Heat Pump, Other, See Remarks Cooling: Heat Pump, Other, See Remarks Water & Sewage: Public

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