227 Main St - Storefront Retail/Residential FOR SALE


Kingsport, TN 37660- Downtown Kingsport
$1,100,000 USD
423-557-7839
227 Main St, Kingsport, TN for Sale
$1,100,000 USD
Storefront Retail/Residential - FOR SALE
1/26
null | Request Cap Rate

227 Main St
Kingsport, TN 37660
Downtown Kingsport


HIGHLIGHTS

  • Downtown mixed-use property featuring 2 ground-floor commercial storefronts and 4 residential apartments, providing diversified income streams.
  • Located along E Sullivan Street in Kingsport’s downtown core, surrounded by restaurants, retail, offices, and civic attractions.
  • Fully stabilized asset with reported 100% occupancy at the time of marketing, appealing to investors seeking immediate cash flow.
  • Historic brick building (circa 1917) totaling approximately 8,600 SF, offering character while remaining functional for modern tenants.
  • Value-add investment opportunity with a strong local tenant mix in an established business corridor, positioned for long-term downtown demand.

OVERVIEW

Excellent income-producing property surrounded by established restaurants, retail shops, professional offices, and entertainment venues. Located along E Sullivan Street near Model City Tap House, Main Street Pizza Company, The Mustard Seed Café, Kingsport Carousel & Park, and Kingsport Farmers Market, the property benefits from steady activity and strong visibility. The surrounding area includes local boutiques, service businesses, financial institutions, and municipal offices that support consistent traffic for both residential and commercial tenants. The building features 2 commercial storefronts and 4 residential apartments, providing diversified income streams in a well established business corridor. With a strong tenant mix and a desirable location, this property presents an attractive value add investment opportunity. Information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

Request Cap Rate

% LEASED

100%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

227 East Main St.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

-

APN/PARCEL ID

046I-D-023.00

ASK ABOUT THIS PROPERTY

Matt McCroryThe Stout Group at eXpMore Info
423-557-7839

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Matt McCroryThe Stout Group at eXpMore Info
423-557-7839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.