237-245 Broad St - Storefront FOR SALE


Kingsport, TN 37660- Downtown Kingsport
$1,559,000 USD
865-315-8463
237-245 Broad St, Kingsport, TN for Sale
$1,559,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

237-245 Broad St
Kingsport, TN 37660
Downtown Kingsport


HIGHLIGHTS

  • Prime Broad Street Location
  • Art Deco Style Facade
  • Partially Redeveloped Historic Architectural Features including exposed beams, exposed brick, and original hardwood floors
  • Public Parking Nearby
  • Located in a qualified Opportunity Zone
  • Grant Opportunities Available

OVERVIEW

-Featuring exposed brick walls, prominent steel joists, and Terrazzo floors throughout -Expansive, undeveloped cellar for a unique opportunity for the creation of a bowling alley or a similar entertainment venue or creative space. -The vacant top floor is stripped down ready for development. -The character of exposed brick and large street-facing windows, presents an ideal canvas for the development of stylish urban residential lofts which are in high demand and limited supply. -The first floor is leased to Shooter's Billiards. -Located in a designated Opportunity Zone.

FOR SALE DETAILS

PRICE

$1,559,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Downtown Kingsport Opportunity Zone

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential, Bowling Alley

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

-

APN/PARCEL ID

046I-F-002.00

ASK ABOUT THIS PROPERTY

Lauren MorganNAI Koella | RM MooreMore Info
865-315-8463

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Lauren MorganNAI Koella | RM MooreMore Info
865-315-8463

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