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$524,999

Listing Price

--beds

2.5baths

5,500sqft

4,225,320sqft lot

1105 Lynn Garden Dr, Kingsport, TN 37665

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

--

Home type

--

Price / sqft

1946

Year built

Home Details

OPPORTUNITY - OPPORTUNITY!! This property is the former Lynn Garden Restaurant and Catering Service. A successful restaurant location for over 77 years. APARTMENT INCLUDED...also attached is a one level apartment that produces $425/m. If you're looking for the perfect location to start or expand a restaurant business....this is it! The property comes with a variety of restaurant equipment already in place and ready to use. Several generations have known and enjoyed the Lynn Garden Restaurant so it comes with a built-in customer base just waiting for the restaurant to re-open. The property will also include an adjacent lot added to accomadate increased customer parking and giving the property 208' of road frontage directly on Lynn Garden Drive. For additional rental income, this property also includes a two bedroom apartment on the upper level with a good rental history. And you can now count on the new Kingsport Lynn Garden revitalization project to update the area and increase the already high average 18,000 vehicles per day that pass by the front door. This restaurant was THE PLACE to eat in Lynn Garden for many years and is embedded in the HISTORY of the Lynn Garden community. According to information provided to the BMA, the Lynn Garden redevelopment district is 118 acres with an appraised value of $24.7 million. Its boundaries include property around the Stone Drive/Lynn Garden Drive intersection, stretching down Tranbarger Drive to Allen and Chadwick

Interior Details

Square Feet
  • 5500

Bedrooms
  • N/A

Bathrooms
  • 2.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Tile (unspecified)

Fireplace
  • Has Fireplace:

    No

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 4225320

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Concrete Block

Foundation
  • Footing

Roof
  • Wood Truss

Roofing Material
  • Metal

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,676

$0

$0

--%

$57,760

2019

$2,676

$0

$0

--%

$57,760

2017

$2,613

$0

$0

--%

$57,760

2017

$2,613

$0

$0

--%

$57,760

2016

$3,488

$0

$0

--%

$75,080

2014

$3,285

$0

$0

--%

$75,080

2013

$3,187

$0

$0

--%

$75,080

2012

$3,249

$0

$0

--%

$75,560

2011

$3,098

$0

$0

--%

$75,560

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Average Home Price in 37665

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
524,999
$
Down payment
104,999.8
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,149.99
$
HOA (Monthly)
0
$
PMI
0
$
$3,398
Your Payment
Total Monthly Payment:$3,398
Percent of Income:58%
Affordable:No
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Details for 1105 LYNN GARDEN DR

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Property Debt

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Foreclosure Contact Details

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Current Owner

Transaction History