Property Description
Incredible Downtown Kingsport Redevelopment Opportunity - 63,300± Sq. Ft.
Investors, developers, and visionaries--this is your chance to own one of downtown Kingsport's most exciting redevelopment opportunities! Offering approximately 63,300 square feet, this massive red iron steel commercial building is a rare blank canvas with unlimited possibilities.
Whether your vision includes luxury loft apartments, mixed-use retail, office space, restaurants, entertainment venues, self-storage, event space, or a combination of commercial and residential uses, this property is ready for transformation. Enjoy breathtaking views overlooking downtown Kingsport and long-range views of Bays Mountain--an ideal backdrop for a landmark development.
Property Features:
Approximately 63,300 square feet
Durable red iron steel construction
Brand-new roof (2026)
Three loading dock garage doors, including one new overhead door
Concrete floors throughout
Working fire sprinkler system
Two large front stairways with interior and exterior access
Two rear stairwells for additional accessibility
Six bathrooms, including two with showers and changing rooms
Existing office space on the first and third floors
Freight/passenger elevator converted from three-phase to 220V (controls and final inspection needed)
New sump pumps installed in both elevator pits
First floor has already been cut for future water line installation, making future development easier
The building has been stripped to the fire-rated walls, creating an excellent opportunity for a complete custom build-out. Much of the existing electrical infrastructure may be repurposed, although buyers should anticipate electrical upgrades. A rooftop natural gas heating system is in place but should be evaluated, with replacement expected.
An asbestos report is available upon request. Only a few isolated areas contain asbestos, and portions have already been professionally removed. A previous estimate for replacing windows and doors on two floors was approximately $160,000.
Properties of this size and location rarely become available. With its prominent downtown location, incredible views, and flexible floor plan, this building offers tremendous upside for the right investor.
The current owner is available to personally walk qualified buyers through the property, explain the improvements already completed, and discuss the tremendous redevelopment potential.
Bring your imagination and create the next signature destination in downtown Kingsport! Buyer and buyers agent to confirm all information
Property Facts
Property TypeCommercial Sale
MLS Number9997399
City Taxes$8,806.50
County Taxes$8,468.37
Features & Amenities
Interior
Exterior
Other
Directions
Center St to Broad St
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Additional Information
Contract Info
Development Status
Easements
General Property Description
# Restrooms6
Annual Lease0
HOANo
LeaseNo
Lot Size99.57X242.5 IRR
Road Frontage Length100
Stories3
Total Finished SqFt63,300
Unfinished SqFt0
ZoningB 2
Location Tax Legal Info
Block42
Deed Book #3,685
Deed Page #1,532
Lot #1-4
Restrictions
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