$550,000
151 East Main Street, 3
Kingsport, TN 37660
MLS# 9963412
4200 sqft


151 East Main Street, 3, Kingsport, TN 37660
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Property Description
Prime Downtown Building - Ideal for Loft Apartments plus Ground-Level Retail! Imagine the possibilities of this space, envisioning an urban penthouse loft on the second floor, providing residents with a chic urban living experience, while vibrant retail or professional offices grace the main level, catering to the dynamic needs of the community. Featuring a spacious layout and boasting historical character, this building offers a canvas for creativity. Preserve its unique architectural elements while crafting distinct spaces tailored to modern tastes. Don't miss out on this rare chance to shape the future of downtown Kingsport. Whether you envision upscale residences, eclectic retail concepts, or a harmonious blend of both, this building stands ready to accommodate your vision. Seize the opportunity to make your mark in one of the city's most coveted locations. Contact us today to embark on your journey towards urban revitalization. THIS PROPERTY IS LOCATED IN AN OPPORTUNITY ZONE! Welcome to an extraordinary opportunity in the heart of downtown! This iconic building, brimming with historic charm, beckons investors seeking to leave their mark on Kingsport's bustling urban landscape. Discover an exceptional real estate gem primed for transformation! This historic property offers a blend of urban charm and timeless architecture, presenting boundless potential for investors. Situated in the heart of downtown Kingsport, this property is strategically positioned to capitalize on the city's flourishing growth and development initiatives. With the resurgence of the area, fueled by substantial investments from the City of Kingsport and local stakeholders, this location is poised for success. HISTORY OF THIS PROPERTY Welcome to the historic Kingsport Freight Depot! This commercial property boasts a rich history and a promising future in downtown Kingsport, Tennessee.

Details
Maps
Location, Tax & Legal Info
Street #: 151
St Direction: East
Street Name: Main
St Suffix: Street
Unit #: 3
County: Sullivan
State/Province: TN
Zip Code: 37660
Area: 413 - Downtown,Greenfields,Hillcrest
Complex/Ind Park: The Depot Sub
Deed Book #: 3022
Deed Page #: 925
Plat Map: F
Parcel ID: 046p
Contract Info
Status: Active
Listing Price: 550000
Current Price: $550,000
List Price/SqFt: 130.95
Listing Date: 2024-03-20
Buyer Broker: Yes
Buyer Broker Comm: 2.5
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lease: No
Lot Size: See Remarks
Zoning: Commercial
Year Built: 1916
Stories: 2
Total SqFt: 4200
Total SqFt Finished: 4200
HOA Y/N: Yes
Association Fee Frequency: Annually
Remarks & Misc
Public Remarks: Prime Downtown Building - Ideal for Loft Apartments plus Ground-Level Retail! Imagine the possibilities of this space, envisioning an urban penthouse loft on the second floor, providing residents with a chic urban living experience, while vibrant retail or professional offices grace the main level, catering to the dynamic needs of the community. Featuring a spacious layout and boasting historical character, this building offers a canvas for creativity. Preserve its unique architectural elements while crafting distinct spaces tailored to modern tastes. Don't miss out on this rare chance to shape the future of downtown Kingsport. Whether you envision upscale residences, eclectic retail concepts, or a harmonious blend of both, this building stands ready to accommodate your vision. Seize the opportunity to make your mark in one of the city's most coveted locations. Contact us today to embark on your journey towards urban revitalization. THIS PROPERTY IS LOCATED IN AN OPPORTUNITY ZONE! Welcome to an extraordinary opportunity in the heart of downtown! This iconic building, brimming with historic charm, beckons investors seeking to leave their mark on Kingsport's bustling urban landscape. Discover an exceptional real estate gem primed for transformation! This historic property offers a blend of urban charm and timeless architecture, presenting boundless potential for investors. Situated in the heart of downtown Kingsport, this property is strategically positioned to capitalize on the city's flourishing growth and development initiatives. With the resurgence of the area, fueled by substantial investments from the City of Kingsport and local stakeholders, this location is poised for success. HISTORY OF THIS PROPERTY Welcome to the historic Kingsport Freight Depot! This commercial property boasts a rich history and a promising future in downtown Kingsport, Tennessee.
Directions: Wilcox Drive, left on Sullivan St, left on Main St
Property Features
Property Condition: Average
Business Type: Office/Showroom; Professional/Office; Residential; Retail
Exterior Finish: Brick
Other Equipment: Exterior Lights; Fire Sprinkler System; Inside Storage; Lighting-Track; Smoke Detector(s)
Electric Service: Other
Development Status: See Remarks
Heating: Heat Pump; Natural Gas
AC: Heat Pump
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: Aerial; Floor Plan
Restrictions: Other
Possession: See Remarks
Financing: Other
Existing Finance: Lender of Record
Sale Includes: See Remarks
Supplements
Originally serving as the Kingsport Freight Depot, this iconic building has witnessed the city's transformation over the years and is now poised to be part of the exciting developments reshaping downtown Kingsport. The Kingsport Freight Depot has a storied past, serving as a vital transportation hub for both goods and passengers in the early 20th century. Located in the heart of downtown Kingsport, this property enjoys a central and convenient location, making it an ideal choice for businesses seeking to be at the epicenter of the city's growth. The Carolina, Clinchfield, and Ohio Passenger train stations, along with the adjacent freight depot, were constructed in 1916. The building's design was the work of New York architect Clinton McKenzie. KEY FEATURES Historic Character: The building's historical character adds depth and authenticity to its atmosphere. Embrace the opportunity to preserve and highlight its unique architectural features. Prime Location: Situated in the heart of downtown Kingsport, this property benefits from a strategic location that ensures a steady flow of foot traffic. Guests can easily access your business, making it a desirable destination for locals and visitors alike. Endless Possibilities: This building's versatile potential allows you to realize your vision and create an experience that stands out in the city. Supportive Community: The downtown area is bustling with a supportive community that values and supports local businesses. Your business will thrive thanks to the vibrant local atmosphere and a customer base eager to try new things. Now is the perfect time to invest in downtown Kingsport, where history meets innovation, and opportunities abound. Don't miss the chance to be part of the city's bright future. Join us in shaping the next chapter of Kingsport's story. There are strategic investments being made by the City of Kingsport and other investors that continue to increase the value of this property and all neighboring properties: Downtown Kingsport's Main Street Rebuild: As one of the primary gateways into downtown Kingsport, the City is setting the stage for a vibrant and inviting urban landscape with investments to revitalize and beautify the construction of new water and sewer lines, including improvements to the stormwater system and the replacement of weak soil beneath Main Street. To enhance the visual appeal, telephone and cable lines are being placed underground, and power lines are being relocated to the opposite side of the road. The road itself will receive a significant upgrade, featuring landscaping improvements, bulb-outs to enhance pedestrian safety, and stamped brick crosswalks that add a touch of charm to the streetscape. Brickyard Bridge: This ADA-compatible bicycle and pedestrian bridge will extend over the CSX Railroad tracks to connect Brickyard Park and Martin Luther King Jr. Drive with downtown Kingsport at Centennial Park. The bridge also promises to offer convenient access to downtown Kingsport's businesses, revitalizing the whole area and creating a connection between the new Brickyard Village, which will consist of 464 new residential units, and BrickYard Park, fostering economic growth while prioritizing the well-being and accessibility of our residents and visitors. Brickyard Village: Nestled just beyond the train tracks along Main Street's edge, this fantastic neighborhood is ready to enhance Kingsport's cityscape. Its strategic position near Brickyard Park and downtown Kingsport adds to its attractiveness. The Brickyard Village project will introduce 464 new residential units to the city. What distinguishes Brickyard Village is its dedication not only to improving Kingsport's housing choices but also to building strong community connections. Centennial Park Fountain and Greenspace: Celebrating the 100th anniversary of the City of Kingsport, Centennial Park was created in 2017. Located adjacent to the train depot, this park provides a unique destination and link to downtown Kingsport that commemorates the community's past, present, and future. Greenspace encircled by a walkway detailing the history of Kingsport. Illuminated, interactive water fountain in the center of the park. Heritage Trail Walking Path: The Downtown Kingsport area represents a rich history, marking the beginning of Kingsport as it is known today. John Nolen, a renowned town planner, designed Downtown Kingsport and its surroundings in the early 20th century. Downtown was the hub of activity for industries with residential areas strategically placed around it. Nolen called it his greatest accomplishment. The Downtown Heritage Trail is located in the Historic Train Station and Downtown Broad Street Districts and highlights much of the John Nolen plan. The trail has 25 points of interest, marked with signage and covers approximately 2 miles in distance. The beginning of the trail is where the former Gem Theater stood on Broad Street, and the last stop is the former Keener building on Shelby Street. Brickyard Park: Brickyard Park is a 43-acre premier sports facility and community park, located on property formerly owned by General Shale, Inc. Brickyard Park Pump Track: Built by Velosolutions USA and American Ramp Company, the Kingsport Pump Track is one of a handful of asphalt pump tracks in the state of Tennessee. The pump track was designed by former Swiss World Cup Downhill mountain biker and Velosolutions founder Claudio Calouri. Miracle Field Playground: Miracle Field Park is a multi-purpose community park, located on property formerly owned by General Shale, Inc. Park amenities include a fenced and lighted 1202 distance ballfields with a rubber surface, LED video screen/scoreboard, LED field lights, and covered grandstand/stadium seating. There is a 25' x 36' picnic shelter with ceiling fans, lighting, 6 accessible picnic tables and a P.A. system. A fenced children's playground for ages 6-12 that includes spinners, multiple slides, musical equipment, a cargo seat swing, climbing structures and sensory/motion equipment. The playground surface is rubberized. Within the playground area there are 4 ADA accessible picnic tables under a shade structure. Several park benches are available, for seating, within the fenced area. Scott Adams Memorial Skatepark: Scott Adams Memorial Skatepark is an approximately 10,000 sq ft concrete park. Helmets, elbow/knee/wrist pads, and other safety equipment are strongly encouraged. Children should be accompanied by an adult. The facility is unsupervised, and users assume their own risk. Admission is free. The park is open to non-motorized bikes, skateboards, rollerblades, and scooters. Now is the perfect time to invest in downtown Kingsport, where history meets innovation, and opportunities abound. Don't miss the chance to be part of the city's bright future. Join us in shaping the next chapter of Kingsport's story.

Listing Office: Conservus Real Estate Group

Last Updated: April - 19 - 2024


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.


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