Property Description

Listing Status

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  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
  Videos:	(none)
  Virtual Tours:	(none)

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