108 Main StKingsport, TN 37660

  • Office properties
  • 4,080 SF
For Lease
$11.50/SF/YR View listing

Property Details for 108 Main St

Year built
1918
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
25.00 AC
Property size (Sq ft)
4,080 SF
Property type
Office properties
Property subtype
Other office properties
APN
082046P A 00300
APU
082046PA00300

Description

Kingsport Centre, located at 108 E Main St, Kingsport, TN 37660, offers a unique opportunity to lease space in a revitalized historic complex. This two-story building, totaling 38,304 square feet, comprises six renovated structures offering a blend of executive and traditional office spaces, as well as retail options. The property boasts a diverse tenant mix, including office, professional, financial, technology, and specialty retail businesses, creating a vibrant and collaborative environment. Suites range in size from a minimum of 220 square feet to larger spaces of 2,466 square feet, providing flexibility for businesses of various sizes. The building underwent renovations in 1980, blending historical charm with modern functionality. Its prime location across from the historic train depot at the corner of Board Street and Main Street offers excellent visibility and accessibility. This is an exceptional opportunity to establish a presence in the heart of downtown Kingsport. The property is multi-tenant, allowing for a diverse range of businesses to coexist. Contact us to learn more about available spaces and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $787,976
    6.5%
    $727,362
    7%
    $675,408
  • Comparable approach

    Method
    Valuation
    Relative Method
    $335,906
    Geo Method
    $335,906
  • Alternative Use

    Use
    Valuation
    Residential
    $901,929
    Hospitality
    $826,162
    Educational
    $687,357
    Medical
    $710,996
    Retail
    $1,069,222
108 Main St, Kingsport, Tennessee

Location Insight

City
Kingsport
County
Sullivan
State
Tennessee
Latitude
36.5455
Longitude
-82.5621
CBSA code
28700
CBSA name
KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$4,120
$74,080
$78,200
-
$10,300
$185,200
$195,500

FAQs

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