1225 East Stone Drive, Kingsport, TENNESSEE

$1,595,000

Previous Next

13,000

Square feet

0.97

Acres

About 1225 East Stone Drive

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.

Features of 1225 East Stone Drive

MLS® # 9965178
Price $1,595,000
Square Footage 13,000
Acres 0.97
Year Built 1957
Type Commercial Sale
Status Pending

Community Information

Address 1225 East Stone Drive
Area 412 - Highland,Fairacres,Preston For
City Kingsport
County Sullivan
State TENNESSEE
Zip Code 37660

Amenities

Is Waterfront No

Interior

Heating Heat Pump, Other, See Remarks
Cooling Heat Pump, Other, See Remarks
Fireplace No
Has Basement Yes

Exterior

Exterior Block, Wood Siding
Roof Metal

Additional Information

Date Listed April 30th, 2024
Days on Market 159
Zoning B3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeThe Addington Agency Bristol

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?