Kingsport 13 Properties Offered at $18,375,051 CAD in Kingsport, TN




INVESTMENT HIGHLIGHTS
- Redevelopment opportunity in historic downtown Kingsport.
- Ideal for 1031 buyers, investors, and entrepreneurs.
- Portfolio includes 11 buildings totaling 153,110 SF.
- Seller open to partial or individual building sales.
EXECUTIVE SUMMARY
Value add / redevelopment portfolio opportunity located in the historic downtown Kingsport, TN region. Located 90 miles NorthEast of Knoxville, TN bordering the Kentucky / North Caroline state lines. Portfolio consists of 11 buildings totaling 153,110 SF priced at $85.99/SF and all centrally located in downtown Kingsport. Assets range from high vacancy, fully / partially occupied, distressed, partially stabilized, assets and consist of mixed use, retail, restaurant, multifamily, office use. Ideal for 1031 buyers, opportunity zone funds, investors, entrepreneurs and visionary investors who are looking for tax incentives and an opportunity to redevelop a substantial portfolio of assets in downtown Kingsport. This strategically curated portfolio of mixed-use commercial properties has been crafted over the past decade by the owners. Great opportunity to capitalizing on the Opportunity Zone benefits offered. All of the assets are within a mile of each other in the historic downtown part of Kingsport. Whether you're an experienced investor or a visionary entrepreneur, this portfolio offers the canvas for your success story. Seller is open to selling parts of the portfolio / individual buildings. Contact us today to arrange a viewing and begin your journey towards substantial returns and community impact and be a part of the wide range of development / growth in the Kingsport region.
Please see OM attached for more info on the portfolio and individual pricing. Reach out to obtain floor plans, and more details on each building. Motivated seller. Submit all offers to Jake.clark@svn.com and any questions please call 615-568-0167
Please see OM attached for more info on the portfolio and individual pricing. Reach out to obtain floor plans, and more details on each building. Motivated seller. Submit all offers to Jake.clark@svn.com and any questions please call 615-568-0167
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
247 Broad St, Kingsport, TN 37660 | Office | 24,463 SF | 1930 | - |
227-235 E Sullivan St, Kingsport, TN 37660 | Retail | 8,400 SF | 1917 | - |
246-252 Broad St, Kingsport, TN 37660 | Retail | 22,000 SF | 1927 | - |
130 Broad St, Kingsport, TN 37660 | Flex | 10,000 SF | 1920 | - |
211 Broad St, Kingsport, TN 37660 | Retail | 6,056 SF | 1920 | - |
212 E Sullivan St, Kingsport, TN 37660 | Retail | 11,614 SF | 1930 | - |
1936 Mills Building
215 Commerce, Kingsport, TN 37660 |
Retail | 6,500 SF | 1936 | - |
223 Commerce St, Kingsport, TN 37660 | Retail | 11,200 SF | 1933 | - |
255 Broad St., Kingsport, TN 37660 | Retail | 27,200 SF | 1933 | - |
1833 Netherland Inn Rd, Kingsport, TN 37660 | Industrial | 5,904 SF | 1937 | - |
1837 Netherland Inn Rd, Kingsport, TN 37660 | Retail | 2,952 SF | 1983 | - |
217 Broad St, Kingsport, TN 37660 | Retail | 6,515 SF | 1930 | - |
244 Broad St, Kingsport, TN 37660 | Retail | 25,043 SF | 1927 | - |
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