For Sale
$220,000

1837 Netherland Inn RdKingsport, TN 37660

Downtown Kingsport Retail Space - $220,000

Overview

Added:
Dec 11, 2024
Days on market:
114
This 2,592 square foot retail property, built in 1983, is located at 1837 Netherland Inn Rd, Kingsport, TN 37660. Offered at $220,000 ($84.88/sq ft), this property presents a compelling value-add opportunity in a revitalizing downtown area. Situated in the heart of Kingsport's bustling downtown district, it benefits from proximity to local amenities and is ideally positioned to capitalize on the ongoing revitalization efforts. The property's location within a designated Opportunity Zone provides significant tax advantages for qualified investors. This presents a chance to leverage government incentives and contribute to the community's growth. The property's current configuration offers potential for lease optimization and renovations to enhance returns. The strong community and proximity to local amenities increase tenant desirability. This is an excellent opportunity for investors seeking a value-add project with potential for substantial returns in a thriving downtown setting. The property is available for individual purchase. Further details regarding operational management are available upon request.

Highlights

  • 2,592 SF retail building, built in 1983, located at 1837 Netherland Inn Rd, Kingsport, TN 37660.
  • Offered at $220,000 ($84.88/SF).
  • Located in Kingsport's revitalizing downtown, offering proximity to amenities and strong community appeal.
  • Situated in an Opportunity Zone, providing significant tax advantages for qualified investors.
  • Value-add opportunity with potential for lease optimization and renovations to increase returns.

Property Details for 1837 Netherland Inn Rd

Property type
Retail properties
Square Feet
2,592 SF
Year Built
1983

Location Insight

City
Kingsport
County
Sullivan
State
Tennessee
Latitude
36.5511908
Longitude
-82.5833891
1837 Netherland Inn Rd, Kingsport, Tennessee

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1837 Netherland Inn Rd
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