1006 Gibson Mill RD, Kingsport, TN 37660
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1006 Gibson Mill RD, Kingsport, TN 37660
1006 Gibson Mill RD, Kingsport, TN 37660
1006 Gibson Mill RD, Kingsport, TN 37660
1006 Gibson Mill RD, Kingsport, TN 37660

$650,000

Est. payment /mo

$750,000

13.3%
Est.Price: ?

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1006 Gibson Mill RD Kingsport, TN 37660

8,759 SqFt

SOLD DATE : 07/17/2026

Key Details

Sold Price $650,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 8,759 sqft

Price per Sqft $74

Subdivision Not In Subdivision

MLS Listing ID 9995081

Sold Date 07/17/26

HOA Y/N No

Total Fin. Sqft 8759

Year Built 1930

Source Tennessee/Virginia Regional MLS

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.

Location

State TN

County Sullivan

Community Not In Subdivision

Zoning B 1

Direction 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.

Interior

Heating Baseboard, Heat Pump, Wall Furnace

Cooling Heat Pump, Wall Unit(s)

Equipment Dumpster

Heat Source Baseboard, Heat Pump, Wall Furnace

Exterior

Utilities Available Electricity Connected

Roof Type Metal

Road Frontage See Remarks

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 046g G 02500 000, 046g G 023.00, 046g G 024.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Jody Jones Garrison • Crye-Leike Realtors
Bought with Emily Thomas • KW Kingsport

Nearby Locations

Stephanie Booher

Stephanie Booher

Agent | License ID: 381361

+1(423) 963-9596

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