1105 Lynn Gdn Dr Kingsport, TN 37665-1929

This exceptional Kingsport restaurant, located at 1105 Lynn Garden Dr, presents a unique investment opportunity. Built in 1946 and renovated in 1957, this 5,509 square foot, single-story Class B building sits on a 0.37-acre lot with ample parking (60 spaces). Currently vacant, this property boasts a rich history as a continuously operating restaurant for over 77 years, closing in 2022 and reopening late 2023 with a new tenant under a 3-year lease option. The property includes over $40,000 worth of restaurant equipment, ready for immediate use. The building features original counter and large dining areas, catering to a loyal customer base. Zoned B3, this property is ideally situated in the heart of Lynn Garden, a community undergoing revitalization efforts, including streetscaping and potential commercial development. The asking price is $524,999 ($108.73/sq ft), with a NNN lease type. This is a prime opportunity to capitalize on the resurgence of this vibrant community. The property's APN is 082030HD03100. This property is also available as part of a larger portfolio sale including adjacent properties.