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1017 Stone Drive

Kingsport, TN 37660
  • $1,500,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 9928276
UPDATED: 33 min ago
$1,500,000
  • 0
    BEDS
  • 1.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 42,878
    SQFT
  • $35
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1971
County:
Area:

School Ratings & Info

Description

Location, Location, Location. Close to I-26 Great for investorsExit 1, across from Lynn Garden Dr. sits a 4 parcel piece of property just waiting for new owners. Two of the parcels have a motel on them. I parcel is an empty lot located behind one of the buildings. Another parcel is a parking lot in the front of the blue roof building. The RED roof motel has 52 rooms, 8 storage rooms and a 5 room apartment for living quarters. It has a newer roof (2 yrs old). The rooms under the Red roof are rented out for nightly stays. The office is located with in this building. There is a new tankless water heater in this area.The BLUE roof building has 50 rooms, some have kitchenettes. The roof on this building is 5 years old. The rooms located in this building are rented out weekly and monthly. Information herein deeded reliable but not guaranteed. Buyer or buyers agent to verify

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© 2021 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2021-10-24T16:59:49.097.
www.highlandsrealtyinc.com/homes/121213237
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1017 Stone Drive Kingsport, TN 37660

  • Price: $1,500,000
  • Status: Active
  • Updated: 33 min ago
  • MLS #: 9928276
0
Beds
0
Baths
0
½ Baths
1.7
Acres
42,878
SQFT
$35
$/SQFT
1971
Built
Neighborhood:
City/West
County:
Sullivan
Area:
City/West
Property Description
Location, Location, Location. Close to I-26 Great for investorsExit 1, across from Lynn Garden Dr. sits a 4 parcel piece of property just waiting for new owners. Two of the parcels have a motel on them. I parcel is an empty lot located behind one of the buildings. Another parcel is a parking lot in the front of the blue roof building. The RED roof motel has 52 rooms, 8 storage rooms and a 5 room apartment for living quarters. It has a newer roof (2 yrs old). The rooms under the Red roof are rented out for nightly stays. The office is located with in this building. There is a new tankless water heater in this area.The BLUE roof building has 50 rooms, some have kitchenettes. The roof on this building is 5 years old. The rooms located in this building are rented out weekly and monthly. Information herein deeded reliable but not guaranteed. Buyer or buyers agent to verify
Exterior Features

Exterior Finish BlockBrick Lot Size 50676 Sq Road Access City Street Roof Metal

Interior Features

Ac Wall Unit(S) Heating Radiant Total Sqft Finished 42878.00 Total Sqft Unfinished 0.00

Property Features

Annual Lease Amount 0.00 Auction No Business Type Hotel/Motel City Taxes 5247.45 County Taxes 6532.94 Development Status Finished Lot(S) Electric Service See Remarks Existing Finance Seller Second Financing CashConventional Foreclosure No Info Available PlatRental Roles Other Equipment Additional Building(S)FurniturePole Sign Property Condition Fixer Restrictions Other Sale Includes Fee Simple Sewer Public Sewer Short Sale No Water Public Zoning Commercial

Listing information © 2021 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Lynne Jones of Choice Realty.



© 2021 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2021-10-24T16:59:49.097.
 
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