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230 Island St 6,988 SF 100% Leased Flex Building Kingsport, TN 37660 $670,000 ($95.88/SF)



Executive Summary
Prime Commercial Property with Income-Producing Tenant Exceptional commercial opportunity in a highly visible and desirable location. This versatile property offers flexible zoning that allows for a wide range of potential uses, including office, retail, restaurant, industrial, manufacturing, specialty business operations, and more. The building features a functional layout that can be easily reconfigured or renovated to meet the needs of an owner-occupant, investor, or expanding business. Ample electrical service and power capacity provide excellent support for commercial and industrial operations. A major asset of the property is its abundant parking, with more than 30 on-site parking spaces plus additional street parking available for customers, employees, and visitors. Adding immediate value, the property includes an established tenant currently leasing approximately 800 square feet, generating monthly income while leaving substantial space available for owner use or additional tenants. With its outstanding location, flexible zoning, ample parking, existing income stream, and adaptability, this property presents a rare opportunity for investors and business owners alike.
Property Facts
| Price | $670,000 | Rentable Building Area | 6,988 SF |
| Price Per SF | $95.88 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1925/2023 |
| Property Type | Flex | Parking Ratio | 4.72/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.41 AC |
| Price | $670,000 |
| Price Per SF | $95.88 |
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.41 AC |
| Rentable Building Area | 6,988 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1925/2023 |
| Parking Ratio | 4.72/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
- Signage
- Air Conditioning
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 046P-E-006.00 | Improvements Assessment | $177,240 |
| Land Assessment | $8,920 | Total Assessment | $186,160 |
Property Taxes
Parcel Number
046P-E-006.00
Land Assessment
$8,920
Improvements Assessment
$177,240
Total Assessment
$186,160
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230 Island St
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