255 Broad St. - Retail FOR SALE


Kingsport, TN 37660- Downtown Kingsport
$2,499,000 USD
865-315-8463
255 Broad St., Kingsport, TN for Sale
$2,499,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

255 Broad St.
Kingsport, TN 37660
Downtown Kingsport


HIGHLIGHTS

  • Prime Broad & Center Intersection- 20K+ CPD
  • Sprinklers Throughout & Passenger Elevator
  • Original Marble & Limestone Facade
  • Located in a designated Opportunity Zone
  • New Roof with Iso-board insulation
  • Public Parking Nearby

OVERVIEW

-Historic 1927 structure showcasing original marble and limestone facade. -Tenants include Summit Properties Real Estate, Trumark Construction, and The Naked Bee. -Exciting potential for urban loft conversions, with one unit already established. -2500 square foot rooftop deck offers sweeping views of Kingsport. -Second floor has been transformed into a turnkey event center, complete with a warming kitchen, striking arched windows, and an abundance of natural light showcasing scenic downtown views. -3200 square foot cellar holds promise for a distinctive speakeasy-style bar and lounge. -The property is further enhanced by elevator access and the presence of the original 1920s bank vault, blending historical charm with modern possibilities.

FOR SALE DETAILS

PRICE

$2,499,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Kingsport Opportunity Zone

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,700 SF

ZONING

-

APN/PARCEL ID

046P-B-027.00

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.