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Northeast Tennessee Opportunity Zone 12 Properties Offered at $13,160,000 in Kingsport, TN
INVESTMENT HIGHLIGHTS
- In a Qualified Opportunity Zone
- Potential for multi-use: Retail, Restaurant, Office, Residential Lofts, Boutique Hotel
- Centrally located to all of Downtown Kingsport
- Historic Architectural Features
- Public Parking Nearby
- Exposed brick walls, exposed ceiling joists, original flooring
EXECUTIVE SUMMARY
-Remarkable historic buildings that still tell the story of a bygone era—pressed tin ceilings, tall windows, exposed brick, and extraordinary presence.
-Perfectly positioned in an Opportunity Zone, the portfolio opens the door to substantial tax benefits and long-term value creation.
-Offered below the cost of new construction, these properties provide a foundation for adaptive reuse projects—boutique hotels, restaurants, or residential conversions.
-Kingsport is emerging as a high-growth but still affordably priced market, and nearly 10% year-over-year appreciation as of late 2025.
-Downtown Kingsport thrives with a diverse mix of restaurants (from casual to sushi), antique shops, boutiques, art galleries, live music venues, theaters, cigar lounge, and breweries.
-Portfolio tenant types include residential, retail shops, restaurants, entertainment venues, distilleries, salons, and more.
-Perfectly positioned in an Opportunity Zone, the portfolio opens the door to substantial tax benefits and long-term value creation.
-Offered below the cost of new construction, these properties provide a foundation for adaptive reuse projects—boutique hotels, restaurants, or residential conversions.
-Kingsport is emerging as a high-growth but still affordably priced market, and nearly 10% year-over-year appreciation as of late 2025.
-Downtown Kingsport thrives with a diverse mix of restaurants (from casual to sushi), antique shops, boutiques, art galleries, live music venues, theaters, cigar lounge, and breweries.
-Portfolio tenant types include residential, retail shops, restaurants, entertainment venues, distilleries, salons, and more.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $13,160,000 | Number of Properties | 12 |
| Price / SF | $78.28 / SF | Individually For Sale | 11 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 168,106 SF |
| Sale Type | Investment | Total Land Area | 2.99 AC |
| Status | Active |
| Price | $13,160,000 |
| Price / SF | $78.28 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 12 |
| Individually For Sale | 11 |
| Total Building Size | 168,106 SF |
| Total Land Area | 2.99 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 247 Broad St, Kingsport, TN 37660 | Office | 26,000 SF | 1929 | $2,466,000 |
| 255 Broad St., Kingsport, TN 37660 | Retail | 26,100 SF | 1927 | $2,499,000 |
| 244-252 Broad St, Kingsport, TN 37660 | Retail | 25,043 SF | 1927 | $1,570,000 |
| 237-245 Broad St, Kingsport, TN 37660 | Retail | 22,300 SF | 1930 | $1,559,000 |
| 212 E Sullivan St, Kingsport, TN 37660 | Retail | 11,609 SF | 1930 | $680,000 |
| 223 Commerce St, Kingsport, TN 37660 | Retail | 11,250 SF | 1933 | $1,388,000 |
| 130 Broad St, Kingsport, TN 37660 | Retail | 10,000 SF | 1920 | $550,000 |
| 233 E Sullivan St, Kingsport, TN 37660 | Retail | 8,425 SF | 1917 | $384,000 |
| 1833-1837 Netherland Inn Rd, Kingsport, TN 37660 | Retail | 8,129 SF | 1937 | - |
| 1837 Netherland Inn Rd, Kingsport, TN 37660 | Retail | 8,129 SF | 1930 | $650,000 |
|
1936 Mills Building
215 Commerce, Kingsport, TN 37660 |
Retail | 6,500 SF | 1936 | $815,000 |
| 217 Broad St, Kingsport, TN 37660 | Retail | 4,621 SF | 1920 | $619,000 |
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Northeast Tennessee Opportunity Zone
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