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227 East Sullivan Street, Kingsport, TN 37660 - $1,100,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sale Sub Type: MLS Number: 9991607
Living Area: 8,600 Lot Acreage: 0 Year Built: 1917
Elementary School: Middle School: High School:
Property Description
Excellent income-producing property surrounded by established restaurants, retail shops, professional offices, and entertainment venues. Located along E Sullivan Street near Model City Tap House, Main Street Pizza Company, The Mustard Seed Café, Kingsport Carousel & Park, and Kingsport Farmers Market, the property benefits from steady activity and strong visibility. The surrounding area includes local boutiques, service businesses, financial institutions, and municipal offices that support consistent traffic for both residential and commercial tenants. The building features 2 commercial storefronts and 4 residential apartments, providing diversified income streams in a well established business corridor. With a strong tenant mix and a desirable location, this property presents an attractive value add investment opportunity. Information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information.
Listing Status
Active
  • More Listing Info
    AC:Ceiling Fan(s)true
    AC:Heat Pump3true
    Business Type:ProfessionalOfficetrue
    Business Type:Residential2true
    Contract Info:ForeclosureNo
    Development Status:Finished Lot(s)true
    Electric Service:220 Voltstrue
    Electric Service:Other34true
    Exterior Finish:Brick4true
    General Property Description:Acres0.1
    General Property Description:Annual Lease0.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size24,356sqft
    General Property Description:Stories32.0
    General Property Description:Total SqFt Finished8600.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2B2
    Heating:Heat Pump2true
    Heating:Natural Gas2true
    Info Available:Aerialtrue
    Info Available:Leases2true
    Info Available:ProfitLoss Statementtrue
    Info Available:Rental Rolestrue
    Location Tax Legal Info:Block53
    Location Tax Legal Info:City Taxes3634.37
    Location Tax Legal Info:County Taxes3494.83
    Location Tax Legal Info:Deed Book #2869C
    Location Tax Legal Info:Deed Page #170
    Location Tax Legal Info:Lot #P 5
    Other Equipment:Basement4true
    Other Equipment:Dumpstertrue
    Property Condition:Averagetrue
    Remarks Misc:Directions3From Johnson City, take I-26/US-23 N toward Kingsport for about 18-20 miles. Take Exit 7 for E Center St/E Stone Dr. Turn right onto E Center St, left on Broad St, then right onto E Sullivan St. 227 E Sullivan St will be on your right. Approx. 20-25 minutes.
    Remarks Misc:Public Remarks7Excellent income-producing property surrounded by established restaurants, retail shops, professional offices, and entertainment venues. Located along E Sullivan Street near Model City Tap House, Main Street Pizza Company, The Mustard Seed Café, Kingsport Carousel & Park, and Kingsport Farmers Market, the property benefits from steady activity and strong visibility. The surrounding area includes local boutiques, service businesses, financial institutions, and municipal offices that support consistent traffic for both residential and commercial tenants. The building features 2 commercial storefronts and 4 residential apartments, providing diversified income streams in a well established business corridor. With a strong tenant mix and a desirable location, this property presents an attractive value add investment opportunity. Information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information.
    Restrictions:Other37true
    Road Access:Alleytrue
    Road Access:City Streettrue
    Roof:Other15true
    Roof:Rubbertrue
    Sale Includes:Fee Simpletrue
    Sewer:Public Sewertrue
    Utilities:Electricity Connectedtrue
    Utilities:Natural Gas Connectedtrue
    Utilities:Sewer Connectedtrue
    Utilities:Water Connectedtrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
eXp Realty, LLC
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