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Seize this rare opportunity to own a partially renovated mixed-use building in the heart of downtown Kingsport, located in a Tax Opportunity Zone"”offering significant financial incentives for restoration and development! This property features three spacious residential lofts upstairs, a 2-bedroom, 1-bath unit downstairs, and a high-visibility ground-floor retail space"”a perfect setup for maximizing rental income or creating a live-work space. Drywall is currently being installed, bringing this project one step closer to completion. With brand-new plumbing and electrical systems already in place, the heavy lifting is done"”now it's your chance to bring your vision to life! The lofts boast high ceilings and oversized windows, creating bright, modern living spaces. The retail storefront enjoys excellent foot traffic and exposure, making it ideal for a business or leasing opportunity. Adding to the value, the building comes with in-box appliances and fixtures ready for installation, giving you the freedom to customize the interiors to your style and specifications. Situated in prime downtown Kingsport, this property is just steps from shops, restaurants, and cultural landmarks, making it an attractive option for tenants and business owners alike. As renovations progress, property values will only increase"”act now to secure this high-potential investment before it's gone! Don't miss this chance to create a premier income-producing property"”schedule your tour today!
DAYS ON MARKET | 230 | LAST UPDATED | 4/7/2025 |
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YEAR BUILT | 1920 | COMMUNITY | 412 - Highland,Fairacres,Preston For |
COUNTY | Sullivan | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
PRICE HISTORY | |
Prior to Feb 26, '25 | $900,000 |
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Feb 26, '25 - Apr 7, '25 | $850,000 |
Apr 7, '25 - Today | $775,000 |
ADDITIONAL DETAILS | |
AIR | Heat Pump |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Refrigerator |
AREA | 412 - Highland,Fairacres,Preston For |
CONSTRUCTION | Brick |
HEAT | Heat Pump |
LOT | 3049 sq ft |
LOT DIMENSIONS | Irr |
SEWER | Public Sewer |
WATER | Public |
ZONING | B2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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