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300 Broad St 63,000 SF Retail Building Kingsport, TN 37660 $1,200,000 ($19.05/SF)



Executive Summary
Incredible Downtown Kingsport Redevelopment Opportunity - 63,300± Sq. Ft. Investors, developers, and visionaries--this is your chance to own one of downtown Kingsport's most exciting redevelopment opportunities! Offering approximately 63,300 square feet, this massive red iron steel commercial building is a rare blank canvas with unlimited possibilities. Whether your vision includes luxury loft apartments, mixed-use retail, office space, restaurants, entertainment venues, self-storage, event space, or a combination of commercial and residential uses, this property is ready for transformation. Enjoy breathtaking views overlooking downtown Kingsport and long-range views of Bays Mountain--an ideal backdrop for a landmark development. Property Features: Approximately 63,300 square feet Durable red iron steel construction Brand-new roof (2026) Three loading dock garage doors, including one new overhead door Concrete floors throughout Working fire sprinkler system Two large front stairways with interior and exterior access Two rear stairwells for additional accessibility Six bathrooms, including two with showers and changing rooms Existing office space on the first and third floors Freight/passenger elevator converted from three-phase to 220V (controls and final inspection needed) New sump pumps installed in both elevator pits First floor has already been cut for future water line installation, making future development easier The building has been stripped to the fire-rated walls, creating an excellent opportunity for a complete custom build-out. Much of the existing electrical infrastructure may be repurposed, although buyers should anticipate electrical upgrades. A rooftop natural gas heating system is in place but should be evaluated, with replacement expected. An asbestos report is available upon request. Only a few isolated areas contain asbestos, and portions have already been professionally removed. A previous estimate for replacing windows and doors on two floors was approximately $160,000. Properties of this size and location rarely become available. With its prominent downtown location, incredible views, and flexible floor plan, this building offers tremendous upside for the right investor. The current owner is available to personally walk qualified buyers through the property, explain the improvements already completed, and discuss the tremendous redevelopment potential. Bring your imagination and create the next signature destination in downtown Kingsport! Buyer and buyers agent to confirm all information
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
63,000 SF
Year Built
1954
Price
$1,200,000
Price Per SF
$19.05
Building Height
3 Stories
Building FAR
2.48
Lot Size
0.58 AC
Opportunity Zone
Yes
Zoning
Commercial - B2
Parking
16 Spaces (0.25 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Wheelchair Accessible
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 046I-E-018.00 | Improvements Assessment | $473,320 |
| Land Assessment | $51,720 | Total Assessment | $525,040 |
Property Taxes
Parcel Number
046I-E-018.00
Land Assessment
$51,720
Improvements Assessment
$473,320
Total Assessment
$525,040
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300 Broad St

