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Mixed-Use Building with Retail & Apartments

105 Brookfield Drive Kingsport, TN 37663

New
105 Brookfield Drive, Kingsport, TN, 37663
$429,900
For Sale
Claim this Listing
$429,900

COMMERCIAL - Kingsport, TN

Property Size4,544 SF
Lot Size0.35 Acres
Price / SF$94.61
AddedJul 15
Days on Market1
Last RefreshJul 15 at 11:06 pm

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
Heating system
Electric (Heating), Wall Furnace, Heat Pump (Heating)
Cooling system
Wall Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
1970
Building materials
Aluminum Siding, Brick
Roof type
Shingle

Listing agent Ryan McKinney License #322580

Listing office KW Johnson City 3009 Greenline Road, Johnson City, TN

Listing date Jul 15, 2026

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.

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 (±1% cap)
NOI $70,208 @ 7.0% cap · market cap 16.33%
Second Best
Mixed Use
$569.6K
$498.4K – $664.6K (±1% cap)
NOI $39,874 @ 7.0% cap · market cap 9.28%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M (±1% cap)
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

Suggested Use

Real Estate Agency Dental Office Law Firm Restaurant Building Supply Electrical Service (Bike/Boat/Book/etc) Store Barber Shop Daycare Center Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

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
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