$450,000
Kingsport, TN 37660
MLS# 9991267
4430 sqft

1 / 47
Property Description
Positioned in the heart of Downtown Kingsport, this versatile commercial property offers a rare opportunity to create multiple income streams in a highly visible and walkable location along E Sullivan Street. This listing includes 2 Parcels. Featuring a unique blend of commercial and residential potential, the property includes a studio apartment, flexible office or retail space, and a rare grass courtyard that provides an inviting outdoor setting seldom found in downtown environments. At the rear of the property, two additional detached buildings open the door to expanded rental opportunities, creative workspaces, or additional business use, all complemented by dedicated parking. A pergola and storage building further enhance the functionality and usability of the outdoor areas. Property is located in an Opportunity Zone. With the possibility for leased office space, short term rental potential in the studio apartment, and additional income producing units at the back, this property presents a compelling option for investors, entrepreneurs, or business owners seeking a dynamic live work or mixed use environment. Recent improvements include a new HVAC system, and the roof has been inspected and confirmed to be in good condition. While some TLC may be desired, the property offers strong fundamentals and endless potential for customization and value add opportunities. Whether you are looking to expand your portfolio, establish a downtown presence, or develop a creative multi-use space, this property delivers flexibility, location, and opportunity. All information to be verified by Buyer/Buyers Agent.
Details
Maps
Location, Tax & Legal Info
Lot #: 12
Parcel ID: 046o A 01000 000
Block: 60
Deed Book #: 3502
Deed Page #: 303
City Taxes: 1285.48
County Taxes: 1236.13
Contract Info
List Price/SqFt: 101.58
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 450000
Current Price: $450,000
Listing Date: 2026-02-16
General Property Description
Road Frontage Length: 75
Acres: 0.28
Lease: No
Lot Size: IRR 100 x151x75x95x25x55
Zoning: B2
HOA Y/N: No
Total SqFt Finished: 4430
Total SqFt Unfinished: 0
Annual Lease $: 0
Year Built: 1920
Total SqFt: 4430
Remarks & Misc
Public Remarks: Positioned in the heart of Downtown Kingsport, this versatile commercial property offers a rare opportunity to create multiple income streams in a highly visible and walkable location along E Sullivan Street. This listing includes 2 Parcels. Featuring a unique blend of commercial and residential potential, the property includes a studio apartment, flexible office or retail space, and a rare grass courtyard that provides an inviting outdoor setting seldom found in downtown environments.
At the rear of the property, two additional detached buildings open the door to expanded rental opportunities, creative workspaces, or additional business use, all complemented by dedicated parking. A pergola and storage building further enhance the functionality and usability of the outdoor areas.
Property is located in an Opportunity Zone. With the possibility for leased office space, short term rental potential in the studio apartment, and additional income producing units at the back, this property presents a compelling option for investors, entrepreneurs, or business owners seeking a dynamic live work or mixed use environment.
Recent improvements include a new HVAC system, and the roof has been inspected and confirmed to be in good condition. While some TLC may be desired, the property offers strong fundamentals and endless potential for customization and value add opportunities.
Whether you are looking to expand your portfolio, establish a downtown presence, or develop a creative multi-use space, this property delivers flexibility, location, and opportunity. All information to be verified by Buyer/Buyers Agent.
Directions: From Center street heading into downtown, make right on E Sullivan and property will be on your right.
Property Condition
Average: 1
Below Average: 1
Business Type
Bar/Tavern/Lounge: 1
Barber/Beauty: 1
Professional/Office: 1
Retail: 1
Exterior Finish
Brick: 1
Other Equipment
Additional Building(s): 1
Dishwasher: 1
Part Fenced: 1
Roof
Composition: 1
Road Access
Alley: 1
City Street: 1
Electric Service
Other: 1
Development Status
Infrastructure In: 1
Heating
Heat Pump: 1
Info Available
Floor Plan: 1
AC
Heat Pump: 1
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Other: 1
Sale Includes
Fee Simple: 1
Location Tax Legal Info
Street #: 427 & 431
St Direction: East
Street Name: Sullivan
St Suffix: Street
County: Sullivan
State/Province: TN
Zip Code: 37660
Area: 412 - Highland,Fairacres,Preston For
Subdivision: City Of Kingsport
Property Features
Property Condition: Average; Below Average
Business Type: Bar/Tavern/Lounge; Barber/Beauty; Professional/Office; Retail
Exterior Finish: Brick
Other Equipment: Additional Building(s); Dishwasher; Part Fenced
Roof: Composition
Electric Service: Other
Development Status: Infrastructure In
Heating: Heat Pump
AC: Heat Pump
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Road Access: Alley; City Street
Info Available: Floor Plan
Restrictions: See Remarks
Financing: Cash; Conventional; Other
Sale Includes: Fee Simple
Listing Office: Selling Stateline Real Estate Group
Last Updated: February - 17 - 2026
Information deemed reliable but not guaranteed.