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300 E Sullivan Street

Kingsport, TN 37660
  • $900,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 9972460
UPDATED: 61 min ago
$900,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:

Description

Welcome to a multifamily investment opportunity in the heart of downtown Kingsport, located in a Tax Opportunity Zone, providing valuable financial incentives for restoration and development! This partially renovated building offers three spacious residential lofts upstairs, an additional 2-bedroom, 1-bath unit downstairs, and a ground-floor retail space, giving you incredible flexibility for income generation and owner-occupier potential. With brand-new plumbing and electrical systems already installed, the heavy lifting has been donenow it's time to bring your creativity and finish the lofts and retail space to your specifications. Each loft features high ceilings and large windows, offering modern, open living spaces. The retail space provides excellent visibility and high foot traffic, making it ideal for leasing to a business or for personal use. The building comes with in-box appliances and fixtures ready for installation, offering you the freedom to customize and complete the interiors to your liking. Situated in a prime downtown Kingsport location, you'll be just steps from shops, restaurants, and cultural landmarks, enhancing the appeal for both residential tenants and retail clients. This is a rare chance to secure a mixed-use property with financial benefits from the Tax Opportunity Zone, at a price that will increase as work progresses. Whether you're looking for rental income, business potential, or a unique live-work space, this building offers limitless possibilities! Act now and transform this property into a top-tier investment!

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© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. 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 accurate by the MLS. Data last updated: 2024-11-04T17:59:56.1.
www.thgjohnsoncity.com/homes/156903061
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300 E Sullivan Street Kingsport, TN 37660

  • Price: $900,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 61 min ago
  • MLS #: 9972460
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1920
Built
County:
Sullivan
Elementary School:
Lincoln
Middle School:
Sevier
High School:
Dobyns Bennett
Property Description
Welcome to a multifamily investment opportunity in the heart of downtown Kingsport, located in a Tax Opportunity Zone, providing valuable financial incentives for restoration and development! This partially renovated building offers three spacious residential lofts upstairs, an additional 2-bedroom, 1-bath unit downstairs, and a ground-floor retail space, giving you incredible flexibility for income generation and owner-occupier potential. With brand-new plumbing and electrical systems already installed, the heavy lifting has been donenow it's time to bring your creativity and finish the lofts and retail space to your specifications. Each loft features high ceilings and large windows, offering modern, open living spaces. The retail space provides excellent visibility and high foot traffic, making it ideal for leasing to a business or for personal use. The building comes with in-box appliances and fixtures ready for installation, offering you the freedom to customize and complete the interiors to your liking. Situated in a prime downtown Kingsport location, you'll be just steps from shops, restaurants, and cultural landmarks, enhancing the appeal for both residential tenants and retail clients. This is a rare chance to secure a mixed-use property with financial benefits from the Tax Opportunity Zone, at a price that will increase as work progresses. Whether you're looking for rental income, business potential, or a unique live-work space, this building offers limitless possibilities! Act now and transform this property into a top-tier investment!
Exterior Features

Architectural Style Other Construction Materials Brick Exterior Features [] Fencing [] Foundation Details [] Other Structures [] Parking Features [] Patio And Porch Features [] Pool Features [] Roof [] View [] Waterfront Features []

Interior Features

Appliances [] Basement [] Building Area Total 0 Cooling Heat Pump Fireplace Features [] Flooring [] Heating Heat Pump Heating YN Yes Interior Features [] Laundry Features [] Levels Two Window Features []

Property Features

Association Amenities [] Association YN No Body Type [] Community Features [] Contract Info Auction No Contract Info Foreclosure No Contract Info Short Sale No Cooling YN Yes Current Financing [] Documents Available [] Listing Terms CashConventional Other Equipment [] Property Condition [] Property Sub Type Multi Family Sewer [] Utilities [] Water Source Public Zoning B2

Listing information © 2024 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Lisa Scott of Century 21 Legacy Col Hgts: 423-239-6112.



© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. 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 accurate by the MLS. Data last updated: 2024-11-04T17:59:56.1.
 
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