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

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $18,375,051 CAD
Price / SF $109.48 CAD / SF
Sale Conditions
Distress Sale
  • 1031 Exchange
  • Bulk/Portfolio Sale
  • Deferred Maintenance
  • High Vacancy Property
  • Redevelopment Project
  • Building in Shell Condition
Sale Type Investment
Status Active
Number of Properties 13
Individually For Sale 0
Total Building Size 167,847 SF
Total Land Area 226.28 AC

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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  • Listing ID: 33290100

  • Date on Market: 2024-09-24

  • Last Updated:

  • Address: Kingsport, Kingsport, TN