$1,595,000

1225 East Stone Drive, Kingsport, TN 37660

  • 13,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1957
  • Property Lot Size Icon0.97acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $123/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Pending
Date Added:
April 30, 2024 at 05:00AM
Listing Office:
The Addington Agency Bristol : 423-845-5800
Listing Agent:
Garrett Addington : 423-646-1060
MLS ID:
9965178

This listing courtesy of Garrett Addington, The Addington Agency Bristol

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thomas Jefferson Elementary School

2216 Westmoreland Ave, Kingsport, TN, 37664

Grades PK-5

0.82 miles away

J

John Sevier Middle School

1200 Wateree St, Kingsport, TN, 37660

Grades 6-8

1.10 miles away

D

Dobyns-Bennett High School

1 Tribe Way, Kingsport, TN, 37664

Grades 9-12

0.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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