244-252 Broad St - Storefront Retail/Office FOR SALE


Kingsport, TN 37660- Downtown Kingsport
$1,570,000 USD
865-315-8463
244-252 Broad St, Kingsport, TN for Sale
$1,570,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | Request Cap Rate

244-252 Broad St
Kingsport, TN 37660
Downtown Kingsport


HIGHLIGHTS

  • 11,500 SF Redeveloped
  • Historic Architectural Features- Detailed original brick facade
  • Prime Broad and Center Intersection- 20K+ CPD
  • Adjacent to newly constructed 400-space public parking garage
  • Located in a Qualified Opportunity Zone
  • Passanger Elevator

OVERVIEW

-Value Add Mixed Use (retail/residential, or office) -11,500 square feet of renovated retail leased space with tenants including Kingsport GellyBall, The Bagel Exchange, and Impressions Fine Art Gallery. -The 2nd floor presents a redevelopment opportunity of +/- 8K SF stripped down and ready for transformation into luxury residential lofts. -Convenient passenger elevator. -Located in a designated Opportunity Zone.

FOR SALE DETAILS

PRICE

$1,570,000 USD

PRICE/SF

$63 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 Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

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.