2539 E Stone Dr Kingsport, TN 37660
For Lease
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This exceptional commercial property, located at 2539 E Stone Drive in Kingsport, Tennessee, presents a unique investment opportunity. The 2.66-acre lot is zoned B-4, offering significant potential for a variety of commercial uses. The property includes an existing restaurant building with a rich 40-year history in the Kingsport community, establishing a strong foundation for continued success. Its prime location on E Stone Drive benefits from high visibility and significant traffic flow. The area is experiencing substantial growth, making this a particularly attractive investment for entrepreneurs and businesses seeking to capitalize on Kingsport's expanding market. The property's established presence and the area's promising future combine to create a compelling opportunity for significant return on investment. The asking price for this remarkable property is $2,000,000. The property is situated in Sullivan County, Tennessee, with a zip code of 37660. This well-known location offers immediate access to a large customer base and presents a turnkey solution for a new restaurant or a variety of other commercial ventures. The property's size and zoning provide ample space for expansion or redevelopment, catering to a range of business needs and future growth.
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Giuseppe's Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.