300 Broad St - Retail FOR SALE


Kingsport, TN 37660- Downtown Kingsport
$1,200,000 USD
423-245-8212
300 Broad St, Kingsport, TN for Sale
$1,200,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

NEW


300 Broad St
Kingsport, TN 37660
Downtown Kingsport


OVERVIEW

Incredible Downtown Kingsport Redevelopment Opportunity - 63,300± Sq. Ft. Investors, developers, and visionaries--this is your chance to own one of downtown Kingsport's most exciting redevelopment opportunities! Offering approximately 63,300 square feet, this massive red iron steel commercial building is a rare blank canvas with unlimited possibilities. Whether your vision includes luxury loft apartments, mixed-use retail, office space, restaurants, entertainment venues, self-storage, event space, or a combination of commercial and residential uses, this property is ready for transformation. Enjoy breathtaking views overlooking downtown Kingsport and long-range views of Bays Mountain--an ideal backdrop for a landmark development. Property Features: Approximately 63,300 square feet Durable red iron steel construction Brand-new roof (2026) Three loading dock garage doors, including one new overhead door Concrete floors throughout Working fire sprinkler system Two large front stairways with interior and exterior access Two rear stairwells for additional accessibility Six bathrooms, including two with showers and changing rooms Existing office space on the first and third floors Freight/passenger elevator converted from three-phase to 220V (controls and final inspection needed) New sump pumps installed in both elevator pits First floor has already been cut for future water line installation, making future development easier The building has been stripped to the fire-rated walls, creating an excellent opportunity for a complete custom build-out. Much of the existing electrical infrastructure may be repurposed, although buyers should anticipate electrical upgrades. A rooftop natural gas heating system is in place but should be evaluated, with replacement expected. An asbestos report is available upon request. Only a few isolated areas contain asbestos, and portions have already been professionally removed. A previous estimate for replacing windows and doors on two floors was approximately $160,000. Properties of this size and location rarely become available. With its prominent downtown location, incredible views, and flexible floor plan, this building offers tremendous upside for the right investor. The current owner is available to personally walk qualified buyers through the property, explain the improvements already completed, and discuss the tremendous redevelopment potential. Bring your imagination and create the next signature destination in downtown Kingsport! Buyer and buyers agent to confirm all information

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$19 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,391 SF

ZONING

Commercial

APN/PARCEL ID

046I-E-018.00

ASK ABOUT THIS PROPERTY

Wayne PorterTown & Country RealtyMore Info
423-245-8212

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Wayne PorterTown & Country RealtyMore Info
423-245-8212

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