Steve & Lisa Lohoff

Steve's Cell: (423)416-0629
Lisa's Cell: (423)571-9100

1006 Gibson Mill Road, Kingsport, TN 37660 (MLS # 9995080)

Price $750,000
Status Active
Beds 0
Baths 0 Bath
Home size 8,759 sqft
Lot Size n/a
Days on Market 5
Rare investment opportunity! Located in the heart of Kingsport, this property offers multiple income-producing properties with excellent rental potential. After over 25 successful years of ownership and operation, the owners are ready to retire, creating an outstanding opportunity for investors to purchase a well-established, income-producing property with long-term potential. The property features a storefront commercial building currently occupied and operated by Holston Floral Shop, an 8-Unit Apartment Building featuring 1-bedroom, 1-bathroom units, A Duplex offering one 2-bedroom, 1-bathroom and one 1-bedroom, 1-bathroom unit, plus a Charming Cottage Style Home with 2 bedrooms and 1 bathroom. 9 units are currently rented, providing immediate income for the new owner. Holston Floral Shop is currently operating at the property. The storefront is currently set up and operating as a floral shop. The space offers a great opportunity for someone interested in continuing a floral business or creating their own storefront business. Whether you are looking to grow your investment portfolio or purchase a well-established multi-property investment, this opportunity offers immediate rental income and excellent long-term potential in a prime location with easy access to downtown Kingsport, shopping, restaurants, medical offices, and Holston Valley Medical Center.
Property Type(s): Multi Family
Last Updated 5/8/2026 Tract Not In Subdivision
Year Built 1930 County Sullivan

SCHOOLS

Elementary School Jackson
Jr. High School Sevier
High School Dobyns Bennett

Additional Details

AIR Heat Pump, Wall Unit(s), Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Electric Range, Refrigerator
CONSTRUCTION Brick, Vinyl Siding
GARAGE Attached Garage, Yes
HEAT Baseboard, Central, Heat Pump
LOT DIMENSIONS 0
PARKING Driveway, Attached, Shared Driveway
SEWER Public Sewer
STORIES 2
STYLE Cottage, Duplex, Other, See Remarks
SUBDIVISION Not In Subdivision
UTILITIES Electricity Connected
WATER Public

Location

 

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