Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Sale

Sub Type:

MLS Number: 9992800

Lot Acreage: 0.41000

Living Area: 23,000

Year Built:2026

Elementary School:

Middle School:

High School:

Public Remarks: Positioned in the heart of downtown Kingsport, 453 E. Main Street presents an historically significant landmark offering a rare opportunity to acquire a mixed use asset combining eight beautifully built condominium units consisting of 4 floor plans and between 1250 and 1350 sf and approximately 6000 square feet of street level commercial space. This offering represents a scarce downtown mixed-use opportunity with built-in diversification and clear upside in a growing regional market. With a total of approximately 23,000 square feet, this property offers investors a compelling blend of in-place income, value-add potential and multiple exit strategies within the Tri-Cities area. This is a rare multi-use offering that contains gated, on premises parking and a brand new elevator. This is truly a ''lock and leave'' property. The residential component provides consistent cash flow and demand-driven occupancy, while the commercial space offers significant upside through lease-up, repositioning, or conversion to higher-yield tenancy. The asset's configuration allows for both stable long-term hold strategies and incremental value creation through operational improvements and rent optimization. Located along East Main Street, the property benefits from walkability, visibility, and proximity to regional economic drivers, with easy access to Johnson City and Bristol. Continued investment and revitalization in downtown Kingsport support long-term appreciation and tenant demand across both residential and commercial sectors. Stabilizing and increasing NOI through leasing and rent adjustments; repositioning the commercial component to attract destination retail, restaurant, or office users; executing a condo sell-off strategy to unlock individual unit value and leveraging the asset as a 1031 exchange replacement with scale and flexibility are just a few of the strategic pathways an investor may capitalize on. All information deemed reliable. Buyer and Buyers Agent shall confirm.

Listing Courtesy:Highlands Real Estate Sea Glass

More Listing Info:

AC:Central Air: true

AC:Wall Unit(s): true

Business Type:ProfessionalOffice: true

Business Type:Residential2: true

Business Type:Restaurant: true

Business Type:Retail2: true

Contract Info:Foreclosure: No

Development Status:Infrastructure In: true

Development Status:See Remarks37: true

Electric Service:Other34: true

Exterior Finish:Brick4: true

General Property Description:# Parking Spaces: 25

General Property Description:Acres: 0.41

General Property Description:Annual Lease: 0.0

General Property Description:HOA YN: No

General Property Description:Lease: No

General Property Description:Lot Size2: 150'x60'x50'x93'x101'x150'

General Property Description:Total SqFt Finished: 23000.0

General Property Description:Total SqFt Unfinished: 6000.0

General Property Description:Zoning2: Commercial

Heating:Central: true

Heating:Electric: true

Heating:Other12: true

Info Available:Aerial: true

Info Available:Floor Plan: true

Location Tax Legal Info:Block: 20

Location Tax Legal Info:City Taxes: 3627.66

Location Tax Legal Info:County Taxes: 3488.38

Location Tax Legal Info:Deed Book #: 3231

Location Tax Legal Info:Deed Page #: 1877

Location Tax Legal Info:Lot #: 12-

Other Equipment:Basement4: true

Other Equipment:Dishwasher2: true

Other Equipment:Dryer2: true

Other Equipment:Dumpster: true

Other Equipment:Elevator2: true

Other Equipment:Exterior Lights: true

Other Equipment:Fire Sprinkler System: true

Other Equipment:Range2: true

Other Equipment:Refrigerator2: true

Other Equipment:Security Fence: true

Other Equipment:Washer2: true

Property Condition:Above Average: true

Remarks Misc:Directions3: From I 26 West take exit 4. Continue straight onto Old Wilcox Dr/S Wilcox Dr. Continue to follow S Wilcox Dr 2.6 mi. Turn left onto E Sullivan St 0.2 mi Slight left onto E Main St. Destination will be on the left.

Remarks Misc:Public Remarks7: Positioned in the heart of downtown Kingsport, 453 E. Main Street presents an historically significant landmark offering a rare opportunity to acquire a mixed use asset combining eight beautifully built condominium units consisting of 4 floor plans and between 1250 and 1350 sf and approximately 6000 square feet of street level commercial space. This offering represents a scarce downtown mixed-use opportunity with built-in diversification and clear upside in a growing regional market. With a total of approximately 23,000 square feet, this property offers investors a compelling blend of in-place income, value-add potential and multiple exit strategies within the Tri-Cities area. This is a rare multi-use offering that contains gated, on premises parking and a brand new elevator. This is truly a ''lock and leave'' property. The residential component provides consistent cash flow and demand-driven occupancy, while the commercial space offers significant upside through lease-up, repositioning, or conversion to higher-yield tenancy. The asset's configuration allows for both stable long-term hold strategies and incremental value creation through operational improvements and rent optimization. Located along East Main Street, the property benefits from walkability, visibility, and proximity to regional economic drivers, with easy access to Johnson City and Bristol. Continued investment and revitalization in downtown Kingsport support long-term appreciation and tenant demand across both residential and commercial sectors. Stabilizing and increasing NOI through leasing and rent adjustments; repositioning the commercial component to attract destination retail, restaurant, or office users; executing a condo sell-off strategy to unlock individual unit value and leveraging the asset as a 1031 exchange replacement with scale and flexibility are just a few of the strategic pathways an investor may capitalize on. All information deemed reliable. Buyer and Buyers Agent shall confirm.

Restrictions:See Remarks34: true

Road Access:City Street: true

Road Access:Dedicated: true

Road Access:Easement: true

Roof:Rubber: true

Sale Includes:Other38: true

Sewer:Public Sewer: true

Water:Public: true