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Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Commercial Sale
Sub Type:
MLS Number: 9998180
Lot Acreage: 0.35000
Living Area: 4,544
Year Built:1970
Elementary School:
Middle School:
High School:
Public Remarks: Position your portfolio for long-term success with this fully occupied six-unit mixed-use investment opportunity in the heart of Kingsport, Tennessee. Located at 105 Brookfield Drive, this income-producing property offers a balanced blend of three commercial suites and three residential apartments, providing investors with diversified cash flow and reduced reliance on any single tenant or industry. With all six units currently leased, the property delivers immediate income from day one while offering the stability many investors seek in today's market. The commercial component consists of approximately 1,850 square feet divided into three suites of approximately 400, 600, and 850 square feet. The residential component features three fully occupied apartments on the lower level, creating six separate income streams within a single investment. The current gross scheduled rental income is approximately $47,940 annually, making this an attractive opportunity for investors seeking an established, income-producing asset rather than a lease-up project. Convenient street level parking for commercial clients & customers. The property has benefited from significant capital improvements, including a roof that is approximately six years old, helping minimize near-term capital expenditures for a future owner. Its diversified tenant mix, established occupancy, and proven rental history provide a strong foundation for both experienced investors and those looking to expand their commercial real estate portfolio. Conveniently located in an established commercial corridor of Kingsport, the property offers excellent accessibility to East Stone Drive, Interstate 26, John B. Dennis Highway, and the greater Tri-Cities region. Its location provides convenience for both commercial tenants and residential occupants while positioning the property within one of Northeast Tennessee's most established business markets. Whether you're completing a 1031 exchange, expanding your investment portfolio, or searching for a stabilized mixed-use asset with immediate cash flow, 105 Brookfield Drive presents a compelling opportunity to acquire a fully leased property with multiple income streams, strong occupancy, and long-term investment potential in the growing Kingsport market. All information deemed reliable, but not guaranteed. Buyer and Buyer Agent to verify.
Listing Courtesy:KW Johnson City
AC:See Remarks11: true
Business Type:BarberBeauty: true
Business Type:Medical: true
Business Type:OfficeShowroom: true
Business Type:ProfessionalOffice: true
Contract Info:Foreclosure: No
Development Status:Infrastructure In: true
Electric Service:Other34: true
Exterior Finish:Aluminum Siding: true
Exterior Finish:Brick4: true
General Property Description:# Parking Spaces: 10
General Property Description:# Restrooms: 6
General Property Description:Acres: 0.35
General Property Description:Annual Lease: 47940.0
General Property Description:HOA YN: No
General Property Description:Lease: No
General Property Description:Lot Size2: 94x167.26 IRR
General Property Description:Road Frontage Length: 94
General Property Description:Stories3: 2.0
General Property Description:Total SqFt Finished: 4544.0
General Property Description:Total SqFt Unfinished: 294.0
General Property Description:Zoning2: B 3
Heating:See Remarks10: true
Info Available:Other29: true
Location Tax Legal Info:Block: B
Location Tax Legal Info:City Taxes: 0.0
Location Tax Legal Info:County Taxes: 1716.39
Location Tax Legal Info:Deed Book #: 3581
Location Tax Legal Info:Deed Page #: 300
Location Tax Legal Info:Lot #: 2
Other Equipment:Exterior Lights: true
Other Equipment:Other39: true
Property Condition:Above Average: true
Property Condition:Average: true
Remarks Misc:Directions3: From Kingsport or Johnson City, take Hwy 36 into Colonial Heights and turn onto Brookfield Dr. Building almost immediately on right. (Pay attention not to confuse this Brookfield Dr with Brookfield Ln a few streets down.)
Remarks Misc:Public Remarks7: Position your portfolio for long-term success with this fully occupied six-unit mixed-use investment opportunity in the heart of Kingsport, Tennessee. Located at 105 Brookfield Drive, this income-producing property offers a balanced blend of three commercial suites and three residential apartments, providing investors with diversified cash flow and reduced reliance on any single tenant or industry. With all six units currently leased, the property delivers immediate income from day one while offering the stability many investors seek in today's market. The commercial component consists of approximately 1,850 square feet divided into three suites of approximately 400, 600, and 850 square feet. The residential component features three fully occupied apartments on the lower level, creating six separate income streams within a single investment. The current gross scheduled rental income is approximately $47,940 annually, making this an attractive opportunity for investors seeking an established, income-producing asset rather than a lease-up project. Convenient street level parking for commercial clients & customers. The property has benefited from significant capital improvements, including a roof that is approximately six years old, helping minimize near-term capital expenditures for a future owner. Its diversified tenant mix, established occupancy, and proven rental history provide a strong foundation for both experienced investors and those looking to expand their commercial real estate portfolio. Conveniently located in an established commercial corridor of Kingsport, the property offers excellent accessibility to East Stone Drive, Interstate 26, John B. Dennis Highway, and the greater Tri-Cities region. Its location provides convenience for both commercial tenants and residential occupants while positioning the property within one of Northeast Tennessee's most established business markets. Whether you're completing a 1031 exchange, expanding your investment portfolio, or searching for a stabilized mixed-use asset with immediate cash flow, 105 Brookfield Drive presents a compelling opportunity to acquire a fully leased property with multiple income streams, strong occupancy, and long-term investment potential in the growing Kingsport market. All information deemed reliable, but not guaranteed. Buyer and Buyer Agent to verify.
Restrictions:Building: true
Restrictions:See Remarks34: true
Road Access:City Street: true
Roof:Shingle: true
Sale Includes:Fee Simple: true
Sewer:Septic Tank: true
Water:Public: true