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.
Multi-familyProperty Type
1930Year Built
$74Price/Sq.Ft.
Listed by Jody Jones Garrison• Crye-Leike Realtors
For businesses providing goods and services, not for the entire community, but rather for only a neighborhood area in order to reduce travel time for the acquisition of the most frequently needed services and goods.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Multiple units
Housing-Student
Sep 7, 2011 • Final
Roof
Roofing
Aug 3, 2010 • Final
Repair remodel
Remodel an apartment.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Structure Type: Duplex, House, Multi Family, Retail
Sq. Ft.: 8759.0
Levels: Two
Construction Materials: Brick, Vinyl Siding
Foundation Details: Other
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi Family
Land Information
Topography: Level
Lot Information
Lot Size Dimensions:
Zoning: B 1
Utilities
Utility Information
Water Source: Public
Utilities: Electricity Connected
Sewer: Public Sewer
Location
Schools Information
Elementary School: Jackson
Middle Or Junior School: Sevier
High School: Dobyns Bennett
Location Information
Directions: From Stone Drive in Kingsport to 1006 Gibson Mill Rd: Head toward downtown Kingsport on Stone Drive (US-11W). Turn onto Broad Street / Center Street area toward Gibson Mill Road. Follow Gibson Mill Road to 1006 Gibson Mill Rd, Kingsport, TN 37660.
Subdivision Name: Not In Subdivision
Public facts
Beds: —
Baths: 9.0
Sq. Ft.: 6,972
Stories: 1.0
Lot Size: 0.49 acres
Style: Multi-Family (5+ Unit)
Year Built: 1930
Year Renovated: 1966
County: Sullivan County
APN: 046G G 02500 000
Home facts updated by county records on Aug 12, 2026
Around this home
Schools
Jackson Elementary School
Public PreK-5 • Assigned • 0.9mi
5/10
Sevier Middle School
Public 6-8 • Assigned • 0.5mi
7/10
Dobyns - Bennett High School
Public 9-12 • Assigned • 1.7mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 101° expected this year, 20 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Kingsport, TN • 37660
Average low and high temperatures (°F)
42
25
52
32
67
41
76
50
76
56
86
65
89
70
83
65
81
61
73
48
61
41
51
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.