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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: Multi Family Sub Type: Multi Family MLS Number: 9972460
Living Area: 0 Lot Acreage: 0 Year Built: 1920
Elementary School: Lincoln Middle School: Sevier High School: Dobyns Bennett
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
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Brick4true
    General Property Description:Acres0.07
    General Property Description:Elementary School3Lincoln
    General Property Description:High School3Dobyns Bennett
    General Property Description:HOA YNNo
    General Property Description:Lot DimensionsIrr
    General Property Description:Middle School2Sevier
    General Property Description:Total Units4
    General Property Description:Zoning2B2
    Heating:Heat Pump2true
    Levels:Twotrue
    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
    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!
    Structure Type:Multi Familytrue
    Style:Other53true
    TopographyLot Description:Level2true
    Unit 1:# Bathrooms52.0
    Unit 1:# Bedrooms32
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms41
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms51
    Unit 4:# Bathrooms21.0
    Unit 4:# Bedrooms62
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Century 21 Legacy Col Hgts
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