What is the asking price for Historic Boutique Hotel & Loft Redevelopment?

The lease rate for space here is Contact for pricing.

What is the total size of Historic Boutique Hotel & Loft Redevelopment?

The property has a total square footage of 25,043 SF.

When was this property built?

Historic Boutique Hotel & Loft Redevelopment was built in 1927.

How many parking spaces are available at Historic Boutique Hotel & Loft Redevelopment?

Parking information for the property isn't currently listed. However, other nearby parking options include Netherland Inn Parking, located 1.92 miles away , and Truck parking, which is 4.46 miles away.

244 - 252 Broad St., Kingsport, TN 37660

For Sale $1,570,000
Property Type Other
Property Size 25,043 SF
Building Class B
Year Built 1927
Date Updated Aug 28, 2026

Description

Prominent corner at Broad Street and Center Street in Downtown Kingsport, immediately adjacent to a new municipal parking garage and surrounded by restaurants, entertainment, and retail.Distinctive space for lease in a historic downtown Kingsport, TN property at 244-252 Broad St. Character-rich building in a prime location 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

Adjacent to newly constructed 400-space municipal parking garage
B-2 Central Business District zoning provides broad commercial use flexibility
Can be combined with 255 Broad Street for hotel projects requiring 50,000 SF
Downtown Kingsport has no boutique hotel
Eligible for City Redevelopment Grant and Downtown Loan programs
Eligible for faade improvement grant
Expansive ±8,000+ SF second floor stripped to shell and ready for redevelopment
First floor leased to diverse mix of destination-oriented tenants providing immediate cash flow
Highly visible downtown corner at Broad Street and Center Street with outstanding vehicular exposure and walkability
Historic structure with generous ceiling heights and architectural character
Immediate access to adjacent structured public parking garage - 1,800+ public parking spaces downtown
Kingsport buying power per dollar of retail rent is 10% to 24% higher than Knoxville, Nashville, and Asheville
Kingsport construction costs substantially lower than Chattanooga, Knoxville, Nashville, or Asheville
Located in Qualified Opportunity Zone
Located within walkable restaurant and entertainment district
Offered at approximately $63 per square foot - significantly below replacement cost
Office vacancy 4.0%, Retail vacancy 1.5%, Multifamily vacancy 5.6% - all outperforming national averages
Over 1,200 residential permits issued in last five years resulting in approximately 2,500 new residential units downtown
Passenger elevator