$750,000
Kingsport, TN 37660
MLS# 9995081
8759 sqft

1 / 96
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, 046g 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: 85.63
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 750000
Current Price: $750,000
Listing Date: 2026-05-08
General Property Description
Acres: 0
Lease: No
Lot Size: 0
Zoning: B 1
HOA Y/N: No
Total SqFt Finished: 8759
Total SqFt Unfinished: 0
Annual Lease $: 0
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
Business Type
Retail: 1
See Remarks: 1
Exterior Finish
Brick: 1
Vinyl Siding: 1
Other Equipment
Dumpster: 1
Roof
Metal: 1
Road Access
See Remarks: 1
Electric Service
See Remarks: 1
Development Status
See Remarks: 1
Heating
Baseboard: 1
Heat Pump: 1
Wall Furnace: 1
Info Available
See Remarks: 1
AC
Heat Pump: 1
Wall Unit(s): 1
Utilities
Electricity Connected: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
See Remarks: 1
Location Tax Legal Info
Street #: 1006
Street Name: Gibson Mill
St Suffix: Road
County: Sullivan
State/Province: TN
Zip Code: 37660
Area: 412 - Highland,Fairacres,Preston For
Subdivision: Not In Subdivision
Property Features
Property Condition: Average
Business Type: Retail; See Remarks
Exterior Finish: Brick; Vinyl Siding
Other Equipment: Dumpster
Roof: Metal
Electric Service: See Remarks
Development Status: See Remarks
Heating: Baseboard; Heat Pump; Wall Furnace
AC: Heat Pump; Wall Unit(s)
Utilities: Electricity Connected
Water: Public
Sewer: Public Sewer
Road Access: See Remarks
Info Available: See Remarks
Restrictions: See Remarks
Financing: Cash; Conventional
Sale Includes: See Remarks
Listing Office: Crye-Leike Realtors
Last Updated: May - 08 - 2026
Information deemed reliable but not guaranteed.