Property Description

Listing Status

• More Listing Info

  AC:Heat Pump3	true
  Business Type:BarberBeauty	true
  Business Type:BarTavernLounge	true
  Business Type:ProfessionalOffice	true
  Business Type:Retail2	true
  Contract Info:Foreclosure	No
  Development Status:Infrastructure In	true
  Electric Service:Other34	true
  Exterior Finish:Brick4	true
  General Property Description:Acres	0.28
  General Property Description:Annual Lease	0.0
  General Property Description:HOA YN	No
  General Property Description:Lease	No
  General Property Description:Lot Size2	IRR 100 x151x75x95x25x55
  General Property Description:Road Frontage Length	75
  General Property Description:Total SqFt Finished	4430.0
  General Property Description:Total SqFt Unfinished	0.0
  General Property Description:Zoning2	B2
  Heating:Heat Pump2	true
  Info Available:Floor Plan	true
  Location Tax Legal Info:Block	60
  Location Tax Legal Info:City Taxes	1285.48
  Location Tax Legal Info:County Taxes	1236.13
  Location Tax Legal Info:Deed Book #	3502
  Location Tax Legal Info:Deed Page #	303
  Location Tax Legal Info:Lot #	12
  Other Equipment:Additional Building(s)	true
  Other Equipment:Dishwasher2	true
  Other Equipment:Part Fenced	true
  Property Condition:Average	true
  Property Condition:Below Average	true
  Remarks Misc:Directions3	From Center street heading into downtown, make right on E Sullivan and property will be on your right.
  Remarks Misc:Public Remarks7	Positioned in the heart of Downtown Kingsport, this versatile commercial property offers a rare opportunity to create multiple income streams in a highly visible and walkable location along E Sullivan Street. This listing includes 2 Parcels. Featuring a unique blend of commercial and residential potential, the property includes a studio apartment, flexible office or retail space, and a rare grass courtyard that provides an inviting outdoor setting seldom found in downtown environments. At the rear of the property, two additional detached buildings open the door to expanded rental opportunities, creative workspaces, or additional business use, all complemented by dedicated parking. A pergola and storage building further enhance the functionality and usability of the outdoor areas. Property is located in an Opportunity Zone. With the possibility for leased office space, short term rental potential in the studio apartment, and additional income producing units at the back, this property presents a compelling option for investors, entrepreneurs, or business owners seeking a dynamic live work or mixed use environment. Recent improvements include a new HVAC system, and the roof has been inspected and confirmed to be in good condition. While some TLC may be desired, the property offers strong fundamentals and endless potential for customization and value add opportunities. Whether you are looking to expand your portfolio, establish a downtown presence, or develop a creative multi-use space, this property delivers flexibility, location, and opportunity. All information to be verified by Buyer/Buyers Agent.
  Restrictions:See Remarks34	true
  Road Access:Alley	true
  Road Access:City Street	true
  Roof:Composition	true
  Sale Includes:Fee Simple	true
  Sewer:Public Sewer	true
  Utilities:Electricity Connected	true
  Utilities:Natural Gas Connected	true
  Utilities:Sewer Connected	true
  Utilities:Water Connected	true
  Water:Public	true
  Videos:	(none)
  Virtual Tours:	(none)

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