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247 Broad St
Kingsport, TN 37660
Downtown Kingsport Opportunity Zone · Office Property For Sale
INVESTMENT HIGHLIGHTS
- In a designated Opportunity Zone
- Exposed Brick, Exposed Beams, Original Hardwood
- Sprinklers, Passanger Elevator
- Fully Redeveloped
- Public Parking Nearby
- New Roof with Iso-board insulation
EXECUTIVE SUMMARY
This prime Broad Street location has 23,000 square feet of stunningly redeveloped space, where modern updates harmoniously blend with preserved original architectural details, including impressive 15-foot ceilings, exposed brick walls, characterful exposed beams, and original hardwood floors throughout. Tenants include Urban Brews and Creamery on the first floor and a variety of office tenants throughout the building. Essential features include passenger elevators, individual electric meters for each tenant, common area restrooms, a newer roof with iso-board insulation, and a comprehensive sprinkler system.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
26,000 SF
Building Class
B
Year Built
1929
Price
$2,466,000
Price Per SF
$94.85
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,667 SF
Building FAR
3.32
Lot Size
0.18 AC
Opportunity Zone
Yes
AMENITIES
- Conferencing Facility
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 046P-B-026.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $399,560 |
PROPERTY TAXES
Parcel Number
046P-B-026.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$399,560
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