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3209 Memorial Boulevard, Kingsport, TN 37664 - $550,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sale Sub Type: MLS Number: 9993799
Living Area: 3,996 Lot Acreage: 1 Year Built: 1950
Elementary School: Middle School: High School:
Property Description
8-Unit Motel • Historic Home • Office Building • Two Additional Lots. Rare mixed-use investment opportunity offering multiple buildings, multiple income possibilities, and prime Memorial Blvd. frontage. This property package includes an approximately 2,706 sq. ft. historic home, an 8-unit motel, a separate office building with the potential for multiple office suites, and two additional lots. The historic home features 3 bedrooms, 2 bathrooms, original character, and flexible potential for residential or commercial use, subject to zoning. The motel presents an opportunity for renovation and continued lodging use or other permitted uses. The office building offers space for multiple tenants or business operations. With excellent visibility, convenient access, and multiple structures included, this property is well suited for investors, business owners, or developers seeking a unique opportunity in a high-traffic Kingsport location. Buyer and buyer's agent to verify all information, square footage, zoning, permitted uses, and development potential. Being sold as a package including parcels: 062H H 001.00 (house + motel/office) and Clover St Lots 14 & 15 (062H H 010.00 & 062H H 011.00). Zoned B-3 and R-1.
Listing Status
Active
  • More Listing Info
    AC:See Remarks11true
    Business Type:HotelMotel2true
    Contract Info:ForeclosureNo
    Development Status:See Remarks37true
    Easements:See Remarks18true
    Electric Service:See Remarks36true
    Exterior Finish:Brick4true
    General Property Description:Acres1.34
    General Property Description:Annual Lease0.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size213,939
    General Property Description:Total SqFt Finished3996.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2B3
    Heating:See Remarks10true
    Info Available:Deed Restrictionstrue
    Info Available:See Remarks28true
    Location Tax Legal Info:City Taxes1033.22
    Location Tax Legal Info:County Taxes993.55
    Location Tax Legal Info:Deed Book #2747c
    Location Tax Legal Info:Deed Page #437
    Other Equipment:See Remarks38true
    Property Condition:Fixertrue
    Remarks Misc:Directions3From downtown Kingsport, take East Center Street toward Memorial Blvd. Turn right onto Memorial Boulevard. Property is located at the corner of Memorial Blvd and Clover Street. See sign.
    Remarks Misc:Public Remarks78-Unit Motel • Historic Home • Office Building • Two Additional Lots. Rare mixed-use investment opportunity offering multiple buildings, multiple income possibilities, and prime Memorial Blvd. frontage. This property package includes an approximately 2,706 sq. ft. historic home, an 8-unit motel, a separate office building with the potential for multiple office suites, and two additional lots. The historic home features 3 bedrooms, 2 bathrooms, original character, and flexible potential for residential or commercial use, subject to zoning. The motel presents an opportunity for renovation and continued lodging use or other permitted uses. The office building offers space for multiple tenants or business operations. With excellent visibility, convenient access, and multiple structures included, this property is well suited for investors, business owners, or developers seeking a unique opportunity in a high-traffic Kingsport location. Buyer and buyer's agent to verify all information, square footage, zoning, permitted uses, and development potential. Being sold as a package including parcels: 062H H 001.00 (house + motel/office) and Clover St Lots 14 & 15 (062H H 010.00 & 062H H 011.00). Zoned B-3 and R-1.
    Restrictions:Deedtrue
    Restrictions:Road Easementtrue
    Road Access:City Streettrue
    Road Access:Easementtrue
    Road Access:See Remarks32true
    Sale Includes:See Remarks35true
    Sewer:Public Sewertrue
    Utilities:Electricity Connectedtrue
    Utilities:Sewer Connectedtrue
    Utilities:Water Connectedtrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Selling Stateline Real Estate Group
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