1225 East Stone Drive
Kingsport, TN, 37660 $ 1,750,000
Baths0.0 Sq 13,000 Monthly Estimate*
$ 12,224
Studio
for $1,750,000. This 13,000 square foot building was built in 1957 on a lot size of 0.97.
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.
See more
FeaturesGeneralSewer Public Sewer
Heating See Remarks Other Heat Pump
Cooling Heat Pump Other See Remarks
Roof Metal
Development Status Infrastructure In See Remarks
Zoning B3
Construction Materials Block Wood Siding
Year Built 1957
Electric Phase 3 See Remarks
Business Type Franchise Restaurant Retail See Remarks
County Sullivan
New Construction N
Property Type Commercial
Garage Y/N N
Status Active
Directions 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 r
City Kingsport
View Y/N N
MLS Area 412 - Highland Fairacres Preston For
Lot Size Square Feet 42253.2
Carport Y/N N
Street Name Stone
Land Lease Y/N N
Property Condition Average
Lease Renewal Y/N N
MLS Area Minor 412 - Highland Fairacres Preston For
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 15
Standard Status Active
See more
ExteriorWater Source Public
Lot Size Area 0.97
Spa N
Building Area Total 13000.0
Lot Dimensions 300 X 138.81 IRR
Lot Size Acres 0.97
Lot Size Units Acres
Road Frontage Type City Street See Remarks
Other Equipment See Remarks
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
InteriorAir Conditioning Y/N Y
Heating Y/N Y
Street Suffix Drive
Electric On Property Y/N N
Total Baths 0
See more
* Excluded FeaturesList ByGarrett AddingtonListing Agent
The Addington Agency BristolBroker
Garrett@TheAddingtonAgency.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,224
- Monthly Property Taxes
- $1,341
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Kingsport, TN
Average List Price $780,225
Percent of Sale Price 55%
About Kingsport, TN 53,958 Population
4% Since 2002
$ 39,133 Median Income
44.24 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
857276 Elementary School
857482 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/30/2024 | $1,750,000 | | Listed Price |