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300 East Sullivan Street, Kingsport, TN 37660 - $850,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sale Sub Type: MLS Number: 9971770
Living Area: 6,400 Lot Acreage: 0 Year Built: 1920
Elementary School: Middle School: High School:
Property Description
Seize this rare opportunity to own a partially renovated mixed-use building in the heart of downtown Kingsport, located in a Tax Opportunity Zone—offering significant financial incentives for restoration and development! This property features three spacious residential lofts upstairs, a 2-bedroom, 1-bath unit downstairs, and a high-visibility ground-floor retail space—a perfect setup for maximizing rental income or creating a live-work space. Drywall is currently being installed, bringing this project one step closer to completion. With brand-new plumbing and electrical systems already in place, the heavy lifting is done—now it's your chance to bring your vision to life! The lofts boast high ceilings and oversized windows, creating bright, modern living spaces. The retail storefront enjoys excellent foot traffic and exposure, making it ideal for a business or leasing opportunity. Adding to the value, the building comes with in-box appliances and fixtures ready for installation, giving you the freedom to customize the interiors to your style and specifications. Situated in prime downtown Kingsport, this property is just steps from shops, restaurants, and cultural landmarks, making it an attractive option for tenants and business owners alike. As renovations progress, property values will only increase—act now to secure this high-potential investment before it's gone! Don't miss this chance to create a premier income-producing property—schedule your tour today!
Listing Status
Active
  • More Listing Info
    AC:Heat Pump3true
    Business Type:Residential2true
    Business Type:Retail2true
    Contract Info:ForeclosureNo
    Development Status:Infrastructure Intrue
    Easements:See Remarks18true
    Electric Service:220 Voltstrue
    Exterior Finish:Brick4true
    General Property Description:Acres0.07
    General Property Description:Annual Lease0.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size2Irr
    General Property Description:Stories32.0
    General Property Description:Total SqFt Finished6400.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2B2
    Heating:Heat Pump2true
    Info Available:Building Plantrue
    Location Tax Legal Info:Block156
    Location Tax Legal Info:City Taxes805.71
    Location Tax Legal Info:County Taxes970.18
    Location Tax Legal Info:Deed Book #3491
    Location Tax Legal Info:Deed Page #291
    Location Tax Legal Info:Lot #P 12
    Other Equipment:Dishwasher2true
    Other Equipment:Range2true
    Other Equipment:Refrigerator2true
    Property Condition:Under Constructiontrue
    Remarks Misc:Directions3E Center St to North on Cherokee St, property on corner of Cherokee and E Sullivan
    Remarks Misc:Public Remarks2Seize this rare opportunity to own a partially renovated mixed-use building in the heart of downtown Kingsport, located in a Tax Opportunity Zone—offering significant financial incentives for restoration and development! This property features three spacious residential lofts upstairs, a 2-bedroom, 1-bath unit downstairs, and a high-visibility ground-floor retail space—a perfect setup for maximizing rental income or creating a live-work space. Drywall is currently being installed, bringing this project one step closer to completion. With brand-new plumbing and electrical systems already in place, the heavy lifting is done—now it's your chance to bring your vision to life! The lofts boast high ceilings and oversized windows, creating bright, modern living spaces. The retail storefront enjoys excellent foot traffic and exposure, making it ideal for a business or leasing opportunity. Adding to the value, the building comes with in-box appliances and fixtures ready for installation, giving you the freedom to customize the interiors to your style and specifications. Situated in prime downtown Kingsport, this property is just steps from shops, restaurants, and cultural landmarks, making it an attractive option for tenants and business owners alike. As renovations progress, property values will only increase—act now to secure this high-potential investment before it's gone! Don't miss this chance to create a premier income-producing property—schedule your tour today!
    Restrictions:See Remarks34true
    Road Access:City Streettrue
    Roof:Rubbertrue
    Sale Includes:See Remarks35true
    Sewer:Public Sewertrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Century 21 Legacy Col Hgts
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