Property Details

Start of property details

Share this property:
Gallery
Share
116 E Market St
, TN 37660
FOR
SALE
$17,926,000
For Sale
222,808
Sq.Ft.
4.28
Acres
MLS# 2572683
Listed on site 82 days since September 18th, 2023

Property Details

Investors, entrepreneurs, 1031 Buyers, and visionaries, take note of this exceptional value-add opportunity. This strategically curated portfolio of 22 mixed-use commercial properties is now available for sale in the thriving Opportunity Zone of downtown Kingsport, Tennessee. Situated in the heart of Kingsport's bustling downtown district, these properties are at the epicenter of revitalization efforts. They benefit from proximity to local amenities, government incentives, and a strong community. This portfolio includes a mix of retail storefronts, office spaces, and residential units, providing diverse income opportunities. Explore the potential to enhance returns through renovations and lease optimization. OM Attached. Please reach out to Jake Clark for any questions at 716-867-6042

Ask a Local Expert

Property Highlights

Price
$17,926,000
Property Type
Commercial Sale
Property Sub Type
Mixed Use
Year Built
1920
Acres
4.28

Location

County
Sullivan County, TN
Subdivision
City Of Kingsport
Zoning
Commercial

Property Details

Price
$17,926,000
Property Sub Type
Mixed Use
Property Type
Commercial Sale

Building

Total Area
222,808

Building Details

Construction

Year Built
1920

Taxes

Tax

Tax (Annual)
$5,823

Lot

Acres
4.28
Lot Size
4
Listed by House Haven Realty.
Listing Data last updated 10th December, 2023 09:00 MST
Get a Link to this Property: Copy To Clipboard
QR Code link to this property

Phone:
Connect with:

Payment Calculator

per month. Fixed. % interest.
per month
Total interest paid over s will be:
Principal & Interest
Home Insurance
Property Tax
HOA Fees
All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 10-Dec-2023 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2023 Buying Buddy. All calculations should be independantly verified.
Get Walk Score Content

Property History

82 days ago
Property Listed
80 days ago
Property info last updated

Similar Properties

Listings courtesy of Realtracs as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 10th December, 2023 09:00 MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Listing Data last updated: 10th December, 2023 09:00 MST
Equal Housing Opportunity
Service by Buying Buddy® IDX CRM
Copyright © 2003 - 2023 Buying Buddy. All rights reserved.
{"property_id":"tn486_2572683","AccessibilityFeatures":null,"Appliances":null,"ArchitecturalStyle":null,"AssociationAmenities":null,"AssociationFee":null,"AssociationFeeFrequency":null,"AssociationFeeIncludes":null,"AssociationYN":null,"AttributionContact":null,"Basement":null,"BathroomsFull":null,"BathroomsHalf":null,"BathroomsOneQuarter":null,"BathroomsThreeQuarter":null,"BelowGradeFinishedArea":null,"BuilderModel":null,"BuilderName":null,"CommunityFeatures":null,"ConstructionMaterials":null,"Contingency":null,"Cooling":null,"CountyOrParish":"Sullivan County,  TN","CoveredSpaces":"0","DaysOnMarket":null,"DirectionFaces":null,"DoorFeatures":null,"Electric":null,"ElementarySchool":null,"Exclusions":null,"ExteriorFeatures":null,"Fencing":null,"FireplaceFeatures":null,"FireplaceYN":null,"FireplacesTotal":null,"Flooring":null,"FoundationDetails":null,"GarageSpaces":null,"GreenBuildingVerificationType":null,"GreenEnergyEfficient":null,"GreenEnergyGeneration":null,"GreenIndoorAirQuality":null,"GreenLocation":null,"GreenSustainability":null,"GreenWaterConservation":null,"Heating":null,"HighSchool":null,"HorseAmenities":null,"HorseYN":null,"InteriorFeatures":null,"LaundryFeatures":null,"Levels":null,"LivingArea":null,"LotFeatures":null,"LotSizeArea":"4.28","LotSizeSquareFeet":null,"MainLevelBedrooms":null,"MiddleOrJuniorSchool":null,"Model":null,"NumberOfUnitsTotal":null,"Ownership":null,"PatioAndPorchFeatures":null,"PoolFeatures":null,"PoolPrivateYN":null,"PropertyCondition":null,"PropertySubType":"Mixed Use","public_remarks":"Investors,  entrepreneurs,  1031 Buyers,  and visionaries,  take note of this exceptional value-add opportunity. This strategically curated portfolio of 22 mixed-use commercial properties is now available for sale in the thriving Opportunity Zone of downtown Kingsport,  Tennessee.  Situated in the heart of Kingsport's bustling downtown district,  these properties are at the epicenter of revitalization efforts. They benefit from proximity to local amenities,  government incentives,  and a strong community. This portfolio includes a mix of retail storefronts,  office spaces,  and residential units,  providing diverse income opportunities. Explore the potential to enhance returns through renovations and lease optimization.  OM Attached. Please reach out to Jake Clark for any questions at 716-867-6042","Roof":null,"RoomsTotal":null,"SchoolDistrict":null,"SecurityFeatures":null,"SeniorCommunityYN":null,"Sewer":null,"SpaFeatures":null,"SpaYN":null,"StandardStatus":null,"StateRegion":null,"StoriesTotal":null,"StructureType":null,"TaxAnnualAmount":"5823.00","Utilities":null,"View":null,"ViewYN":null,"VirtualTourURLUnbranded":null,"WalkScore":null,"WaterSource":null,"WaterfrontFeatures":null,"WaterfrontYN":null,"WindowFeatures":null,"YearBuilt":"1920","Zoning":"Commercial","ZoningDescription":null,"headline_txt":null,"description_txt":null,"seller_office_id":null,"property_uid":"RTC2928726","listing_status":"active","mls_status":"Active","mls_id":"tn486","listing_num":"2572683","acreage":null,"acres":"4.28","address":null,"address_direction":null,"address_flg":"1","address_num":"116","agent_id":"63135","area":null,"baths_total":null,"bedrooms_total":null,"car_spaces":null,"city":"Kingsport","coseller_id":null,"coagent_id":null,"days_on_market":"1","finished_sqft_total":null,"geocode_address":"116 E Market St","geocode_status":null,"lat":"36.54622426","lon":"-82.55991451","office_id":"5265","office_name":"House Haven Realty","orig_price":"17926000","photo_count":"10","previous_price":null,"price":"17926000","prop_img":"\/listing\/photos\/tn486\/2572683-0.jpeg","property_type":"Commercial Sale","sqft_total":"222808","state":"TN","street_type":null,"street_name":"E Market St","sub_area":"City Of Kingsport","unit":null,"zip_code":"37660","listing_dt":"2023-09-18","undercontract_dt":null,"openhouse_dt":null,"price_change_dt":null,"seller_id":null,"sold_dt":null,"sold_price":null,"update_dt":"2023-09-20 20:48:11","create_dt":"2023-09-18 22:17:09","marketing_headline_txt":null,"use_marketing_description_txt":null,"marketing_description_txt":null,"showcase_layout":null,"mortgage_calculator":null,"property_history":null,"marketing_account_id":null}

© 2023 TOWN & COUNTRY REALTORS®

|

Web Design & Development by Muletown Digital.

MLS Service Logo
Equal Opportunity Housing Logo
Realtor Logo
TN Multilist Logo
IDX Logo
Maury Alliance Logo