Kingsport TN Real Estate & Commercial for Sale

1 Properties Found

The median home value in Kingsport, TN is $167,000. This is lower than the county median home value of $169,850. The national median home value is $308,980. The average price of homes sold in Kingsport, TN is $167,000. Approximately 59% of Kingsport homes are owned, compared to 31% rented, while 10% are vacant. Kingsport real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Kingsport real estate agent to arrange a tour today!
Learn more about Kingsport.


1–1 of 1 properties displayed
Refine Property Search
Page 1 of 1    Prev | Next
Beds:
n/a
Baths:
Sq.Ft.:
5,927
Status:
Active
MLS#:
2631882
Type:
Retail, Business Opportunities
Lot size:
0.16 Acres
Year built:
1930
Courtesy: SVN Accel Commercial Real Estate, 6155680167
View additional info

3 historically preserved brick buildings offered at a 9% Cap Rate based on existing net income **115 E Market St. 117 E Market St. and 116 E Market St. *** Fully occupied buildings, one suite in 115 E Market is currently being renegotiated NNN lease 5 year term. Tenant mix consists of a variety of retail tenants including a Spa / Salon, Cafe shop, Anchor Dispensary, Gift Shop, Pet Spa, and 4 residential Loft spaces located on 2nd story of 116 E Market St. Total square foot is 16,627 SF, total rentable square foot is 16,427SF. All 3 Buildings have been fully redeveloped and is part of a broader value add / redevelopment portfolio located in the historic downtown Kingsport, TN region. Portfolio consists of 18 buildings totaling 219,294 SF priced at $81.28/SF and all centrally located in downtown Kingsport. Ownership is open to partial portfolio, or individual asset sales. Buildings also sit in an Opportunity Zone. Great opportunity to invest early in a growing downtown area.

Refine Property Search
Page 1 of 1    Prev | Next
1–1 of 1 properties displayed

Copyright 2024 Middle Tennessee Regional MLS, All Rights Reserved. The data relating to real estate for sale on this website appears in part through the Middle Tennessee Regional MLS Broker Reciprocity program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms and is provided by Middle Tennessee Regional MLS through a licensing agreement. All information deemed reliable but not guaranteed and should be independently verified.

How may I help you?

Get property information, schedule a showing or find an agent






We respect your privacy