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$524,999
Listing Price--beds
2.5baths
5,500sqft
4,225,320sqft lot
1105 Lynn Garden Dr, Kingsport, TN 37665
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
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
5500
N/A
2.5
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
Tile (unspecified)
Has Fireplace:
No
Fireplace Type:
N/A
Property Details
4225320
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
Yes
No
No
Construction Details
N/A
Concrete Block
Footing
Wood Truss
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