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Downtown Kingsport Opportunity Zone 244-252 Broad St 25,043 SF 100% Leased Retail Building Kingsport, TN 37660 $1,570,000 ($62.69/SF)

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INVESTMENT HIGHLIGHTS

  • 11,500 SF Redeveloped
  • Prime Broad and Center Intersection- 20K+ CPD
  • Located in a Qualified Opportunity Zone
  • Historic Architectural Features- Detailed original brick facade
  • Adjacent to newly constructed 400-space public parking garage
  • Passanger Elevator

EXECUTIVE SUMMARY

-Value Add Mixed Use (retail/residential, or office)
-11,500 square feet of renovated retail leased space with tenants including Kingsport GellyBall, The Bagel Exchange, and Impressions Fine Art Gallery.
-The 2nd floor presents a redevelopment opportunity of +/- 8K SF stripped down and ready for transformation into luxury residential lofts.
-Convenient passenger elevator.
-Located in a designated Opportunity Zone.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
25,043 SF
Building Class
C
Year Built
1927
Price
$1,570,000
Price Per SF
$62.69
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.30
Lot Size
0.25 AC
Opportunity Zone
Yes
Frontage
78’ on Broad St

AMENITIES

  • Signage
Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Regions Bank
First Horizon Bank
Crossfit
Truist
HomeTrust Bank
Starbucks
Beef 'O' Brady's
Food City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
046I-F-002.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$290,840
  • Listing ID: 36131002

  • Date on Market: 6/5/2025

  • Last Updated:

  • Address: 244-252 Broad St, Kingsport, TN 37660

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