Commercial ()

1006 Gibson Mill Rd, Kingsport, TN 37660

Price: $750,000 Price Per ft²: $85.63 List Date: 2026-05-08 DOM: 0
City Tax: $3,968 County Tax: $3,816

Year Built: 1930 pre-1978 Homes

Finished Area: 8,759 ft²

Unfinished: 0 ft² (not in garage)

Total Area: 8,759 ft² (Finished & Unfinished)

Lot Size: 0.00 acre(s)

Heating: Heat Pump, Wall Furnace, Baseboard Cooling: Heat Pump, Wall Unit(s) Water & Sewage: Public

Description

Rare investment opportunity! Located in the heart of Kingsport, this property offers multiple income-producing properties with excellent rental potential.After over 25 successful years of ownership and operation, the owners are ready to retire, creating an outstanding opportunity for investors to purchase a well-established, income-producing property with long-term potential.The property features a storefront commercial building currently occupied and operated by Holston Floral Shop, an 8-Unit Apartment Building featuring 1-bedroom, 1-bathroom units, A Duplex offering one 2-bedroom, 1-bathroom and one 1-bedroom, 1-bathroom unit, plus a Charming Cottage Style Home with 2 bedrooms and 1 bathroom.9 units are currently rented, providing immediate income for the new owner. Holston Floral Shop is currently operating at the property. The storefront is currently set up and operating as a floral shop. The space offers a great opportunity for someone interested in continuing a floral business or creating their own storefront business.Whether you are looking to grow your investment portfolio or purchase a well-established multi-property investment, this opportunity offers immediate rental income and excellent long-term potential in a prime location with easy access to downtown Kingsport, shopping, restaurants, medical offices, and Holston Valley Medical Center.