112 Market StKingsport, TN 37660

  • Retail properties
  • 5,703 SF
For Sale
$515,000 View listing

Property Details for 112 Market St

Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
30.00 AC
Property size (Sq ft)
5,703 SF
Property type
Retail properties
Property subtype
Retail space
APN
082046P B 03300
APU
082046PB03300

Description

This exceptional 5,625 square foot, two-story brick building is situated in the heart of downtown Kingsport, Tennessee, at 112 E Market Street, just a block from Broad Street. Currently vacant, this property presents a remarkable opportunity for either investment or owner-occupancy. The building boasts a desirable corner location on a 0.07-acre lot and offers a compelling blend of classic charm and modern potential. The ground floor, ideal for retail, open office space, or a variety of other businesses, provides ample room for a thriving enterprise. The expansive second floor presents a multitude of possibilities, from additional office space to residential conversion, subject to local zoning regulations. The asking price is $515,000, translating to $96 per square foot. This represents a significant value in a highly sought-after downtown location. While the first floor is also available for lease (see separate listing), this sale offers the unique advantage of complete ownership and control of this impressive property. The building's solid brick construction ensures durability and longevity, making it a sound investment for years to come. Don't miss this chance to acquire a piece of Kingsport's vibrant downtown scene.

112 Market St, Kingsport, Tennessee

Location Insight

City
Kingsport
County
Sullivan
State
Tennessee
Latitude
36.5463
Longitude
-82.56
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
-
$5,000
$55,480
$60,480
-
$12,500
$138,700
$151,200

FAQs

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