Aggressively Priced Downtown Opportunity

233 E Sullivan St, Kingsport, TN 37660

Property Information

  • For Sale $384,000
  • Property Type Retail - Street Retail
  • Property Size 7,957 SF
  • Units 1
  • Lot Size 0.12 Acre
  • Building Class C
  • Year Built 1917
  • Date Updated Aug 5, 2026

Description

Historic downtown Kingsport corner just steps from City Hall offering a prominent storefront with strong pedestrian activity and visibility on East Sullivan Street.Well-located retail space in the heart of downtown Kingsport, TN. This flexible space is ideal for retail, office, or service uses with excellent visibility and foot traffic. Competitive Tenant Improvement & Free Rent Packages Available. Brickyard Village — a 50-acre master-planned community currently underway, within walking distance of Downtown. When you buy a stabilized asset, ask yourself: who's capturing the upside—you or the developer cashing out? 1.2 Million Population Within a 60-Mile Radius Great Smoky Mountains National Park = 12.5mm annual visitors Entire Pigeon Forge area sees 21mm+ annual visitors

Highlights

  • ±8,425 SF two-story historic building built 1917
  • Approximately four urban loft residences possible above (buyer to verify)
  • B-2 Central Business District maximum use flexibility
  • Boutique retail, gallery, and specialty storefront concepts
  • Downtown loft comps at $250+/SF; Sterchi Suites condo sold July 2026 at $265/SF
  • Eligible for downtown Faade Grant, Redevelopment Grant, and Downtown Kingsport Loan Program incentives
  • Entertainment, personal services, and educational uses
  • Flexible B-2 Central Business District Zoning
  • Investment Highlights
  • Kingsport's B-2 Central Business District the city's most flexible and use-permissive commercial zone encourages adaptive reuse and supports a broad range of commercial and mixed-use development. Potential permitted uses include:
  • Original pressed-tin ceilings, exposed brick, historic windows, high ceilings
  • Partial renovations completed phased redevelopment strategy available
  • Priced at $384,000 approximately $45.58/SF, well below replacement cost
  • Prime downtown corner with prominent storefront visibility
  • Professional, medical, creative, and co-working office
  • Qualified Opportunity Zone significant federal tax advantages available
  • Residential loft apartments and live-work spaces (upper-floor residential expressly supported)
  • Restaurant, caf, brewery, or tasting room
  • Submarket: Downtown Kingsport / Kingsport-Bristol CBSA

Contacts

Location

Located at 233 E Sullivan St, Kingsport, TN 37660, this property is part of the Kingsport Downtown neighborhood.

Contact Listing Broker
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