$750,000
1006 Gibson Mill Road
Kingsport, TN 37660
MLS# 9995080
8759 sqft
105
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Property 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.

Details
Maps
Location, Tax & Legal Info
Lot #: 49
Parcel ID: 046g G 02500 000, 048g G 023 00, 046g G 024.00
Deed Book #: 1789C
Deed Page #: 17
City Taxes: 3968.49
County Taxes: 3816.12
Contract Info
List Price/SqFt: 104.04
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 750000
Current Price: $750,000
Listing Date: 2026-05-08
General Property Description
Lot Dimensions: 0
Acres: 0
Zoning: B 1
# Buildings: 3
Elementary School: Jackson
# of Units: 11
Middle School: Sevier
Total Units: 11
High School: Dobyns Bennett
Senior Community YN: No
# Fireplaces: 0
HOA Y/N: No
Home Warranty: No
Property Sub-Type: Multi Family
Year Built: 1930
Total SqFt: 8759
Remarks & Misc
Public Remarks: 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.
Directions: From Stone Drive in Kingsport to 1006 Gibson Mill Rd: Head toward downtown Kingsport on Stone Drive (US-11W). Turn onto Broad Street / Center Street area toward Gibson Mill Road. Follow Gibson Mill Road to 1006 Gibson Mill Rd, Kingsport, TN 37660.
Property Condition
Average: 1
Exterior Finish
Brick: 1
Vinyl Siding: 1
Unit 1
# Units: 8
# Bedrooms: 1
# Bathrooms: 1
SqFt: 4648
Monthly Rent: 2800
Unit 2
# Units: 2
SqFt: 1617
Monthly Rent: 1450
Style
Cottage: 1
Duplex: 1
Other: 1
See Remarks: 1
Roof
Metal: 1
Unit 3
# Units: 1
# Bedrooms: 2
# Bathrooms: 1
SqFt: 944
Monthly Rent: 750
Levels
Two: 1
Unit 4
SqFt: 1550
Heating
Baseboard: 1
Central: 1
Heat Pump: 1
AC
Heat Pump: 1
Wall Unit(s): 1
Window Unit(s): 1
Utilities
Electricity Connected: 1
Water
Public: 1
Sewer
Public Sewer: 1
Appliances
Electric Range: 1
Refrigerator: 1
Topography/Lot Description
Level: 1
Flooring
Tile: 1
Easements
None: 1
Parking Features
Attached: 1
Driveway: 1
Shared Driveway: 1
Other Rooms
Apartment: 1
Walls
Drywall: 1
Paneling: 1
Foundation
Other: 1
Structure Type
Duplex: 1
House: 1
Multi Family: 1
Retail: 1
Location Tax Legal Info
Street #: 1006
Street Name: Gibson Mill
St Suffix: Road
County: Sullivan
State/Province: TN
Zip Code: 37660
Subdivision: Not In Subdivision
Property Features
Property Condition: Average
Style: Cottage; Duplex; Other; See Remarks
Levels: Two
Exterior Finish: Brick; Vinyl Siding
Appliances: Electric Range; Refrigerator
Flooring: Tile
Roof: Metal
Other Rooms: Apartment
Parking Features: Attached; Driveway; Shared Driveway
Heating: Baseboard; Central; Heat Pump
Water: Public
Sewer: Public Sewer
Foundation: Other
AC: Heat Pump; Wall Unit(s); Window Unit(s)
Utilities: Electricity Connected
Structure Type: Duplex; House; Multi Family; Retail
Walls: Drywall; Paneling
Easements: None
Listing Office: Crye-Leike Realtors

Last Updated: May - 08 - 2026

Information deemed reliable but not guaranteed.

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