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255 Broad St.
Kingsport, TN 37660
Downtown Kingsport Opportunity Zone · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Broad & Center Intersection- 20K+ CPD
- Original Marble & Limestone Facade
- New Roof with Iso-board insulation
- Sprinklers Throughout & Passenger Elevator
- Located in a designated Opportunity Zone
- Public Parking Nearby
EXECUTIVE SUMMARY
Originally the First National Bank in Kingsport, Tennessee, this historic 1927 structure still showcases its beautiful original marble and limestone facade. Currently hosting tenants such as Summit Properties Real Estate, Trumark Construction, and The Naked Bee, the building also presents exciting potential for urban loft conversions, with one unit already established. A remarkable 2500 square foot rooftop deck offers sweeping views of Kingsport. The second floor has been transformed into a turnkey event center, complete with a warming kitchen, striking arched windows, and an abundance of natural light showcasing scenic downtown views. Adding to its unique appeal, the 3200 square foot cellar holds promise for a distinctive speakeasy-style bar and lounge. The property is further enhanced by elevator access and the presence of the original 1920s bank vault, blending historical charm with modern possibilities.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
26,100 SF
Building Class
C
Year Built/Renovated
1927/1971
Price
$3,454,868 CAD
Price Per SF
$132.37 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.00
Lot Size
0.20 AC
Opportunity Zone
Yes
Frontage
PROPERTY TAXES
| Parcel Number | 046P-B-027.00 | Improvements Assessment | $375,650 CAD |
| Land Assessment | $16,876 CAD | Total Assessment | $392,526 CAD |
PROPERTY TAXES
Parcel Number
046P-B-027.00
Land Assessment
$16,876 CAD
Improvements Assessment
$375,650 CAD
Total Assessment
$392,526 CAD
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