Mixed-Use Building with Retail &
105 Brookfield Drive Kingsport, TN 37663
105 Brookfield Drive, Kingsport, TN, 37663
$429,900
For Sale
$429,900
COMMERCIAL - Kingsport, TN
Property Size4,544 SF
Lot Size0.35 Acres
Price / SF$94.61
Days on Market8
Property Features for 105 Brookfield Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B 3
- Parking
- 10
- Standard status
- Active
- APN
- 107p A 017.00
- Size
- 4,544 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1716
Utilities
- Sewer type
- Septic Tank
- Water source
- Public
Building Details
- Year built
- 1970
- Building materials
- Aluminum Siding, Brick
- Roof type
- Shingle
Listing agency
KW Johnson City
(423) 433-6500
Listed by
Ryan McKinney · License #322580
(423) 773-1607
Added: Jul 15 Updated: Jul 16 at 10:53AM Checked: Jul 22 at 10:06PM
MLS# 9998180
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully occupied mixed-use investment offers six separate units in a single building, including three commercial retail suites and three residential apartments. The commercial component is approximately 1,850 square feet divided into three suites of approximately 400, 600, and 850 square feet. The residential component consists of three fully occupied apartments on the lower level. The roof is approximately six years old, helping minimize near-term capital expenditures for a future owner. Current gross scheduled rental income is approximately $47,940 annually.
The property is zoned B 3 and is located at 105 Brookfield Drive in Kingsport, Tennessee, on a convenient commercial corridor. Street-level parking is available for commercial clients and customers, and the site offers accessibility to East Stone Drive, Interstate 26, John B. Dennis Highway, and the greater Tri-Cities region.
The property is zoned B 3 and is located at 105 Brookfield Drive in Kingsport, Tennessee, on a convenient commercial corridor. Street-level parking is available for commercial clients and customers, and the site offers accessibility to East Stone Drive, Interstate 26, John B. Dennis Highway, and the greater Tri-Cities region.
Key Highlights
- Fully occupied 6‑unit mixed‑use building with three commercial suites and three residential apartments
- ~1,850 SF commercial component split into three suites (~400, ~600, and ~850 SF) with street‑level parking
- Three lower‑level apartments, all fully occupied and generating three additional rental income streams
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.1k | $13.44 |
| − Vacancy | −$3.4k | −$0.74 |
| EGI | $57.7k | $12.70 |
| − OpEx | −$26.0k | −$5.72 |
| NOI | $31.7k | $6.99 |
4,544 SF · lease $13.44/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Retail
$1.00M
$877.6K – $1.17M
NOI $70,208 @ 7.0% cap · market cap 16.33%
Second Best
Mixed Use
$569.6K
$498.4K – $664.6K
NOI $39,874 @ 7.0% cap · market cap 9.28%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,115 @ 7.0% cap · market cap 27.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Therapeutic Massage Associates
Alternative Medicine Practice
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Fully leased six-unit property with three retail suites and three residential apartments, plus street-level parking.
Where is this mixed-use property located?
The property is located at 105 Brookfield Drive Kingsport, TN.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Fully occupied 6‑unit mixed‑use building with three commercial suites and three residential apartments; ~1,850 SF commercial component split into three suites (~400, ~600, and ~850 SF) with street‑level parking; Three lower‑level apartments, all fully occupied and generating three additional rental income streams
