UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,430 sqft
Price per Sqft $101
Subdivision City Of Kingsport
MLS Listing ID 9991267
HOA Y/N No
Total Fin. Sqft 4430
Year Built 1920
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions IRR 100 x151x75x95x25x55
Source Tennessee/Virginia Regional MLS
Property Description
At the rear of the property, two additional detached buildings open the door to expanded rental opportunities, creative workspaces, or additional business use, all complemented by dedicated parking. A pergola and storage building further enhance the functionality and usability of the outdoor areas.
Property is located in an Opportunity Zone. With the possibility for leased office space, short term rental potential in the studio apartment, and additional income producing units at the back, this property presents a compelling option for investors, entrepreneurs, or business owners seeking a dynamic live work or mixed use environment.
Recent improvements include a new HVAC system, and the roof has been inspected and confirmed to be in good condition. While some TLC may be desired, the property offers strong fundamentals and endless potential for customization and value add opportunities.
Whether you are looking to expand your portfolio, establish a downtown presence, or develop a creative multi-use space, this property delivers flexibility, location, and opportunity. All information to be verified by Buyer/Buyers Agent.
Location
State TN
County Sullivan
Community City Of Kingsport
Area 0.28
Zoning B2
Direction From Center street heading into downtown, make right on E Sullivan and property will be on your right.
Interior
Heating Heat Pump
Cooling Heat Pump
Equipment Additional Building(s), Dishwasher, Part Fenced
Heat Source Heat Pump
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Composition
Road Frontage City Street, Alley
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 046o A 01000 000
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Nearby Locations
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Kornerstone Properties
Company Owner | License ID: 265226
Company Owner License ID: 265226