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Northeast Tennessee Opportunity Zone 12 Properties Offered at $18,258,184 CAD in Kingsport, TN

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INVESTMENT HIGHLIGHTS

  • In a Qualified Opportunity Zone
  • Potential for multi-use: Retail, Restaurant, Office, Residential Lofts, Boutique Hotel
  • Centrally located to all of Downtown Kingsport
  • Historic Architectural Features
  • Public Parking Nearby
  • Exposed brick walls, exposed ceiling joists, original flooring

EXECUTIVE SUMMARY

-Remarkable historic buildings that still tell the story of a bygone era—pressed tin ceilings, tall windows, exposed brick, and extraordinary presence.
-Perfectly positioned in an Opportunity Zone, the portfolio opens the door to substantial tax benefits and long-term value creation.
-Offered below the cost of new construction, these properties provide a foundation for adaptive reuse projects—boutique hotels, restaurants, or residential conversions.
-Kingsport is emerging as a high-growth but still affordably priced market, and nearly 10% year-over-year appreciation as of late 2025.
-Downtown Kingsport thrives with a diverse mix of restaurants (from casual to sushi), antique shops, boutiques, art galleries, live music venues, theaters, cigar lounge, and breweries.
-Portfolio tenant types include residential, retail shops, restaurants, entertainment venues, distilleries, salons, and more.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $18,258,184 CAD
Price / SF $108.61 CAD / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 12
Individually For Sale 11
Total Building Size 168,106 SF
Total Land Area 2.99 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
247 Broad St, Kingsport, TN 37660 Office 26,000 SF 1929 $3,421,328 CAD
255 Broad St., Kingsport, TN 37660 Retail 26,100 SF 1927 $3,467,113 CAD
244-252 Broad St, Kingsport, TN 37660 Retail 25,043 SF 1927 $2,178,218 CAD
237-245 Broad St, Kingsport, TN 37660 Retail 22,300 SF 1930 $2,162,957 CAD
212 E Sullivan St, Kingsport, TN 37660 Retail 11,609 SF 1930 $943,432 CAD
223 Commerce St, Kingsport, TN 37660 Retail 11,250 SF 1933 $1,925,711 CAD
130 Broad St, Kingsport, TN 37660 Retail 10,000 SF 1920 $763,070 CAD
233 E Sullivan St, Kingsport, TN 37660 Retail 8,425 SF 1917 $532,762 CAD
1833-1837 Netherland Inn Rd, Kingsport, TN 37660 Retail 8,129 SF 1937 -
1837 Netherland Inn Rd, Kingsport, TN 37660 Retail 8,129 SF 1930 $901,810 CAD
1936 Mills Building
215 Commerce, Kingsport, TN 37660
Retail 6,500 SF 1936 $1,130,731 CAD
217 Broad St, Kingsport, TN 37660 Retail 4,621 SF 1920 $858,801 CAD
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  • Listing ID: 33290100

  • Date on Market: 2024-09-24

  • Last Updated:

  • Address: Northeast Tennessee Opportunity Zone, Kingsport, TN

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