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
Exterior
Other
Rec Right of Way Easements
Right of Way Restrictions
Directions
In Kingsport at the corner of E Center Street and Memorial Blvd.
-
Additional Information
Contract Info
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
Mortgage Calculator
Estimate your monthly payments!