For Sale
$900,000

300 Sullivan St Kingsport, TN 37660

Mixed-use building, prime location

Overview

Added:
Dec 11, 2024
Days on market:
138
This unique 6,400 square foot mixed-use property in downtown Kingsport, Tennessee, presents a compelling investment opportunity. Situated on a 0.07-acre lot at 300 East Sullivan Street (zip code 37660), this building offers a blend of commercial and residential space, perfect for a live-work lifestyle or as a rental income generator. The ground floor boasts a spacious storefront with large windows, ideal for retail or entertainment businesses, benefiting from high foot traffic and excellent visibility. Upstairs, three residential lofts are available – one two-bedroom, two-bathroom unit and two one-bedroom, one-bathroom units – all featuring high ceilings and ample natural light. An additional two-bedroom, one-bathroom unit is located on the ground floor. This property is located in a Tax Opportunity Zone, making it eligible for financial assistance from the City of Kingsport for renovations. The building is currently under active construction, so caution is advised during visits. Included in the sale price of $900,000 are brand-new, uninstalled kitchen appliances (refrigerators, dishwashers, ranges, microwaves), toilets, heat pumps, and bathroom and kitchen fixtures. The property can be purchased as a whole or the lofts sold individually. This is a rare chance to acquire a versatile property in a vibrant downtown setting, offering significant potential for both business and residential income. Don't miss this chance to own a piece of downtown Kingsport's revitalization.

Highlights

  • 6,400 SF mixed-use building in downtown Kingsport, TN (37660).
  • Located on a 0.07-acre lot at 300 East Sullivan Street.
  • Features a ground-floor storefront ideal for retail, plus three upstairs lofts (one 2/2, two 1/1) and one ground-floor 2/1 unit.
  • Situated in a Tax Opportunity Zone, eligible for city renovation assistance.
  • $900,000 asking price includes new kitchen appliances, toilets, heat pumps, and fixtures (uninstalled).
  • Can be purchased as a whole or lofts sold individually.

Property Details for 300 Sullivan St

Property type
Specialty properties, Land
Square Feet
6,400 SF
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Kingsport
County
Sullivan
State
Tennessee
Latitude
36.5472977
Longitude
-82.5567425

FAQs

What type of property is this?
Specialty property - Mixed-use building, prime location
Where is the specialty property located?
The property is located at 300 Sullivan St Kingsport, TN.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 6,400 SF mixed-use building in downtown Kingsport, TN (37660).; Located on a 0.07-acre lot at 300 East Sullivan Street.; Features a ground-floor storefront ideal for retail, plus three upstairs lofts (one 2/2, two 1/1) and one ground-floor 2/1 unit.
How can I contact the broker?
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300 Sullivan St
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