$2,500,000
Kingsport, TN 37660
MLS# 9976513
33420 sqft

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Property Description
Looking for a lucrative investment in downtown Kingsport? Don't miss this one! Introducing 220 Broad St- originally constructed in the early 1900's, this historic building has housed many people and business over the years but has been completely restored into a one of a kind mixed use building! Presenting a rare opportunity, this income producing property showcases 3 stories consisting of 10+ luxury residential apartments, 10+ ground floor commercial units, 10+ storage units, and an owner's suite straight out of a magazine with custom cabinetry, hardwoods, luxury kitchen, bathroom, granite countertops, MASSIVE walk in closet, executive office, and finished off with a a private veranda overlooking the city. Completely renovated, this building has been thoughtfully designed both aesthetically and functionally. Offerings updated MEP's, elevator, sprinkler system, security, and endless amounts of painstaking details in the finishes decorated throughout. Strategically positioned on the promenade of downtown Kingsport, this sought after location is within walking distance to everything downtown as well as being a short drive away from Eastman, Meadowview, Hospital, and so much else with easy access on to Center, Wilcox, and I-81! Zoned B2, this property offers flexible zoning that could accommodate a myriad of different businesses and highlighted with its location adjoining the public parking garage. Whether you're an investor looking for a lucrative return, a business owner looking to offset expenses, or an entrepreneur looking to take advantage of such a rare opportunity. Call today to schedule your appointment and come see what 220 Broad is all about! All information contained herein is deemed reliable but gathered from third party sources and is subject to buyers, or buyer's agents verification.
Details
Maps
Location Tax Legal Info
Street #: 220
Street Name: Broad
St Suffix: Street
County: Sullivan
State/Province: TN
Zip Code: 37660
Area: 413 - Downtown,Greenfields,Hillcrest
Subdivision: City Of Kingsport
Contract Info
Status: Active
Listing Price: 2500000
Current Price: $2,500,000
List Price/SqFt: 74.81
Listing Date: 2025-02-24
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lease: No
Lot Size: 90 x 136.25
Acres: 0.28
Zoning: B2
Year Built: 1928
Stories: 3
Total SqFt: 33420
Total SqFt Finished: 30420
Total SqFt Unfinished: 3000
HOA Y/N: No
Annual Lease $: 100000
Property Features
Property Condition: Above Average
Business Type: Barber/Beauty; Professional Service; Professional/Office; Residential
Exterior Finish: Stucco; See Remarks
Other Equipment: Elevator; Fire Alarm; Fire Sprinkler System; Freight Elevator; Lighting-Incandescent; Smoke Detector(s)
Roof: Rubber
Electric Service: 220 Volts
Development Status: Infrastructure In
Heating: Fireplace(s); Heat Pump
AC: Central Air; Heat Pump
Utilities: Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: Aerial; Floor Plan; Rental Roles
Restrictions: See Remarks
Easements: None
Financing: Cash; Conventional
Existing Finance: Conventional
Sale Includes: Other
Listing Office: The Addington Agency Bristol
Last Updated: April - 12 - 2025
Information deemed reliable but not guaranteed.