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Listing Details

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2450 Memorial Boulevard

Kingsport TN 37664
MLS #9994069 · Listing Courtesy of TCI Group - Jerry Petzoldt Agency, LLC
$2,000,000
Active
25,520
Sq Ft
2.77
Acres
1983
Built
Property Description
Positioned along one of Kingsport's most traveled corridors, 2450 Memorial Blvd. offers a rare opportunity to acquire a highly adaptable commercial asset in a proven, stable market area. This 31,656 SF building--originally constructed as a grocery store--features approximately 25,520 SF of finished space currently configured into two separate units, with the flexibility to combine into a single contiguous footprint. The structure is modern and durable, built with steel and block construction and topped with a metal roof, providing long-term reliability and low maintenance. Interior functionality is enhanced by 14-foot ceilings and an 18-foot overall clear height, making it well-suited for a wide range of commercial applications. The property sits on a level site with 112+ parking spaces, offering excellent accessibility and convenience for customers, employees, and service operations. With frontage and access from multiple-lane city streets on two sides, the location provides strong visibility and efficient traffic flow. A detached exterior loading dock further supports distribution, retail, or light industrial uses. Zoned B3 (Highway Business), the property allows for an extensive array of uses, making it ideal for investors, owner-users, or developers seeking flexibility. Potential applications include retail, office/warehouse, professional or consumer services, fitness or medical facilities, restaurants, breweries or distilleries, automotive sales, indoor storage, educational or community uses, and entertainment venues--among many others. Utilities include natural gas, public water, and public sewer, ensuring readiness for immediate occupancy or redevelopment. The surrounding area is designated as ''stable'' by the City of Kingsport, reinforcing long-term value and investment confidence. Whether repositioned as a retail hub, service center, mixed-use commercial space, or specialty facility, this property offers scale, flexibility, and a prime location to support a wide variety of business ventures.
Property Facts
Property TypeCommercial Lease
MLS Number9994069
City Taxes$11,036.63
County Taxes$10,612.88
Features & Amenities
Interior
Central Air
Central Heating
Delivery Doors
Exterior Lights
Fire Sprinkler System
Garage Bay(s)
Lighting-Fluorescent
Loading Dock(s)
Natural Gas Heating
Exterior
Block Exterior
City Street
Infrastructure In
Metal Roof
Other
440 Volts
Above Average Condition
Average Condition
Cable Connected
Electricity Connected
Floor Plan
For Lease
Grocery
Natural Gas Connected
Office/Showroom
Power Line Easements
Professional/Office
Public Sewer
Public Water
Rec Right of Way Easements
Retail
Right of Way Restrictions
Sewer Connected
Water Connected
Directions
In Kingsport at the corner of E Center Street and Memorial Blvd.
  • Additional Information
    Contract Info
    ForeclosureNo
    General Property Description
    # Parking Spaces112
    # Restrooms4
    Annual Lease286,704
    HOANo
    LeaseYes
    Lot Size298' x 392' IRR
    Lease Price/SqFt9
    Road Frontage Length534
    Stories1
    Total Finished SqFt25,520
    Unfinished SqFt6,336
    ZoningB 3
    Location Tax Legal Info
    Block240
    Deed Book #3,262
    Deed Page #1,912
    Lot #1-9
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