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227 East Main St. 227 Main St 3,700 SF 100% Leased Retail Building Kingsport, TN 37660 $1,100,000 ($297.30/SF)
Investment Highlights
- Downtown mixed-use property featuring 2 ground-floor commercial storefronts and 4 residential apartments, providing diversified income streams.
- Fully stabilized asset with reported 100% occupancy at the time of marketing, appealing to investors seeking immediate cash flow.
- Value-add investment opportunity with a strong local tenant mix in an established business corridor, positioned for long-term downtown demand.
- Located along E Sullivan Street in Kingsport’s downtown core, surrounded by restaurants, retail, offices, and civic attractions.
- Historic brick building (circa 1917) totaling approximately 8,600 SF, offering character while remaining functional for modern tenants.
Executive Summary
Excellent income-producing property surrounded by established restaurants, retail shops, professional offices, and entertainment venues. Located along E Sullivan Street near Model City Tap House, Main Street Pizza Company, The Mustard Seed Café, Kingsport Carousel & Park, and Kingsport Farmers Market, the property benefits from steady activity and strong visibility. The surrounding area includes local boutiques, service businesses, financial institutions, and municipal offices that support consistent traffic for both residential and commercial tenants. The building features 2 commercial storefronts and 4 residential apartments, providing diversified income streams in a well established business corridor. With a strong tenant mix and a desirable location, this property presents an attractive value add investment opportunity. Information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,700 SF
Building Class
C
Year Built
1917
Price
$1,100,000
Price Per SF
$297.30
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.85
Lot Size
0.10 AC
Opportunity Zone
Yes
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 26
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227 East Main St. | 227 Main St
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