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300 East Sullivan Street, Kingsport, TN 37660 - $900,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sub Type: MLS Number: 9971770
Living Area: 6,400 Lot Acreage: 0 Year Built: 1920
Elementary School: Middle School: High School:
Property Description
Welcome to a rare opportunity to own a versatile commercial building in the heart of downtown Kingsport! Located in the Tax Opportunity Zone, financial assistance to restore this beautiful building is available through the City of Kingsport. This property blends business and residential space, ideal for a live-work lifestyle or investment. Retail Space: The ground level features a spacious storefront with large windows, perfect for retail or entertainment uses. High foot traffic and excellent visibility will help your business thrive in this vibrant downtown area. Residential Lofts: The upper floor has three lofts (one 2/2 unit and two 1/1 units) with high ceilings and large windows that bring in natural light. Ideal for low-maintenance professionals or rental income. Downstairs has an additional 2-bedroom, 1-bath unit, perfect for someone looking to run the retail space. Prime Location: Located in the heart of downtown Kingsport, surrounded by popular shops, restaurants, and cultural landmarks. Enjoy views of Church Circle or walk to the farmer's market. Mixed-Use Flexibility: Ideal for owner-occupiers or investors, offering the chance to run a business while generating rental income from the lofts. Whether you're expanding your business or seeking a unique property, this building offers the perfect balance of commercial and residential possibilities. Don't miss this opportunity in downtown Kingsport! Bring your imagination to complete this building's transformation. Please Note: This building is an active construction site, so caution is advised when entering. Act fast to secure this property at a low price—price will rise as more work is completed. The building can be purchased as a whole or lofts sold individually. Your purchase will also include brand-new, in-box items that are ready to be installed, including toilets, kitchen appliances (refrigerators, dishwashers, ranges, microwaves), heat pumps, and bathroom and kitchen fixtures.
Listing Status
Active
  • More Listing Info
    AC:Heat Pump3true
    Business Type:Residential2true
    Business Type:Retail2true
    Contract Info:ForeclosureNo
    Development Status:Infrastructure Intrue
    Easements:See Remarks18true
    Electric Service:220 Voltstrue
    Exterior Finish:Brick4true
    General Property Description:Acres0.07
    General Property Description:Annual Lease0.0
    General Property Description:HOA YNNo
    General Property Description:LeaseNo
    General Property Description:Lot Size2Irr
    General Property Description:Stories32.0
    General Property Description:Total SqFt Finished6400.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2B2
    Heating:Heat Pump2true
    Info Available:Building Plantrue
    Location Tax Legal Info:Block156
    Location Tax Legal Info:City Taxes805.71
    Location Tax Legal Info:County Taxes970.18
    Location Tax Legal Info:Deed Book #3491
    Location Tax Legal Info:Deed Page #291
    Location Tax Legal Info:Lot #P 12
    Other Equipment:Dishwasher2true
    Other Equipment:Range2true
    Other Equipment:Refrigerator2true
    Property Condition:Under Constructiontrue
    Remarks Misc:Directions3E Center St to North on Cherokee St, property on corner of Cherokee and E Sullivan
    Remarks Misc:Public Remarks2Welcome to a rare opportunity to own a versatile commercial building in the heart of downtown Kingsport! Located in the Tax Opportunity Zone, financial assistance to restore this beautiful building is available through the City of Kingsport. This property blends business and residential space, ideal for a live-work lifestyle or investment. Retail Space: The ground level features a spacious storefront with large windows, perfect for retail or entertainment uses. High foot traffic and excellent visibility will help your business thrive in this vibrant downtown area. Residential Lofts: The upper floor has three lofts (one 2/2 unit and two 1/1 units) with high ceilings and large windows that bring in natural light. Ideal for low-maintenance professionals or rental income. Downstairs has an additional 2-bedroom, 1-bath unit, perfect for someone looking to run the retail space. Prime Location: Located in the heart of downtown Kingsport, surrounded by popular shops, restaurants, and cultural landmarks. Enjoy views of Church Circle or walk to the farmer's market. Mixed-Use Flexibility: Ideal for owner-occupiers or investors, offering the chance to run a business while generating rental income from the lofts. Whether you're expanding your business or seeking a unique property, this building offers the perfect balance of commercial and residential possibilities. Don't miss this opportunity in downtown Kingsport! Bring your imagination to complete this building's transformation. Please Note: This building is an active construction site, so caution is advised when entering. Act fast to secure this property at a low price—price will rise as more work is completed. The building can be purchased as a whole or lofts sold individually. Your purchase will also include brand-new, in-box items that are ready to be installed, including toilets, kitchen appliances (refrigerators, dishwashers, ranges, microwaves), heat pumps, and bathroom and kitchen fixtures.
    Restrictions:See Remarks34true
    Road Access:City Streettrue
    Roof:Rubbertrue
    Sale Includes:See Remarks35true
    Sewer:Public Sewertrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Century 21 Legacy Col Hgts
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