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Blue Ridge Properties Listing
300 East Sullivan Street, Kingsport, TN 37660 (MLS #9972460)
Basic Information:
Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Multi Family
Sub Type: Multi Family
MLS Number: 9972460
Lot Acreage: 0.07000
Living Area: 0
Year Built:1920
Elementary School: Lincoln
Middle School: Sevier
High School: Dobyns Bennett
Public Remarks: Welcome to a multifamily investment opportunity in the heart of downtown Kingsport, located in a Tax Opportunity Zone, providing valuable financial incentives for restoration and development! This partially renovated building offers three spacious residential lofts upstairs, an additional 2-bedroom, 1-bath unit downstairs, and a ground-floor retail space, giving you incredible flexibility for income generation and owner-occupier potential. With brand-new plumbing and electrical systems already installed, the heavy lifting has been done—now it's time to bring your creativity and finish the lofts and retail space to your specifications. Each loft features high ceilings and large windows, offering modern, open living spaces. The retail space provides excellent visibility and high foot traffic, making it ideal for leasing to a business or for personal use. The building comes with in-box appliances and fixtures ready for installation, offering you the freedom to customize and complete the interiors to your liking. Situated in a prime downtown Kingsport location, you'll be just steps from shops, restaurants, and cultural landmarks, enhancing the appeal for both residential tenants and retail clients. This is a rare chance to secure a mixed-use property with financial benefits from the Tax Opportunity Zone, at a price that will increase as work progresses. Whether you're looking for rental income, business potential, or a unique live-work space, this building offers limitless possibilities! Act now and transform this property into a top-tier investment!
Listing Courtesy:Century 21 Legacy Col Hgts
More Listing Info:
AC:Heat Pump3: true
Contract Info:Foreclosure: No
Easements:None12: true
Exterior Finish:Brick4: true
General Property Description:Acres: 0.07
General Property Description:Elementary School3: Lincoln
General Property Description:High School3: Dobyns Bennett
General Property Description:HOA YN: No
General Property Description:Lot Dimensions: Irr
General Property Description:Middle School2: Sevier
General Property Description:Total Units: 4
General Property Description:Zoning2: B2
Heating:Heat Pump2: true
Levels:Two: true
Location Tax Legal Info:Block: 156
Location Tax Legal Info:City Taxes: 805.71
Location Tax Legal Info:County Taxes: 970.18
Location Tax Legal Info:Deed Book #: 3491
Location Tax Legal Info:Deed Page #: 291
Location Tax Legal Info:Lot #: P 12
Remarks Misc:Directions3: E Center St to North on Cherokee St, property on corner of Cherokee and E Sullivan
Remarks Misc:Public Remarks2: Welcome to a multifamily investment opportunity in the heart of downtown Kingsport, located in a Tax Opportunity Zone, providing valuable financial incentives for restoration and development! This partially renovated building offers three spacious residential lofts upstairs, an additional 2-bedroom, 1-bath unit downstairs, and a ground-floor retail space, giving you incredible flexibility for income generation and owner-occupier potential. With brand-new plumbing and electrical systems already installed, the heavy lifting has been done—now it's time to bring your creativity and finish the lofts and retail space to your specifications. Each loft features high ceilings and large windows, offering modern, open living spaces. The retail space provides excellent visibility and high foot traffic, making it ideal for leasing to a business or for personal use. The building comes with in-box appliances and fixtures ready for installation, offering you the freedom to customize and complete the interiors to your liking. Situated in a prime downtown Kingsport location, you'll be just steps from shops, restaurants, and cultural landmarks, enhancing the appeal for both residential tenants and retail clients. This is a rare chance to secure a mixed-use property with financial benefits from the Tax Opportunity Zone, at a price that will increase as work progresses. Whether you're looking for rental income, business potential, or a unique live-work space, this building offers limitless possibilities! Act now and transform this property into a top-tier investment!
Structure Type:Multi Family: true
Style:Other53: true
TopographyLot Description:Level2: true
Unit 1:# Bathrooms5: 2.0
Unit 1:# Bedrooms3: 2
Unit 2:# Bathrooms4: 1.0
Unit 2:# Bedrooms4: 1
Unit 3:# Bathrooms3: 1.0
Unit 3:# Bedrooms5: 1
Unit 4:# Bathrooms2: 1.0
Unit 4:# Bedrooms6: 2
Water:Public: true
