Kingsport, TN Commercial kitchens for sale

Updated: Jun 25

Turnkey Kitchen & Bar Hospitality Building

215-223 Commerce Street, Kingsport, TN 37660

$2,295,000

17,750 sqft

Historic downtown building totaling 17,750 SF across 215 and 223 Commerce (sold together as one building).
100% occupied with four active tenants, including short‑term leases for owner‑operator flexibility.
Turnkey commercial kitchen and bar build‑out in place (Ole Crow Tavern) plus a craft distillery with tasting room (King City Distillery).
223 Commerce includes industrial‑size overhead doors in the gym bay, drive‑in capable; B‑2 Central Business District zoning.
Qualified federal Opportunity Zone with TIF District, PILOT District, and eligibility for Façade Grant, Redevelopment Grant, and Downtown Kingsport Loan Program.

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This listing looks promising.

Here's a quick look at some key insights for

215-223 Commerce Street, Kingsport, TN 37660

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Est. Cap Rate

8.2%
Above avg (5.9%)
Est. NOI

$188K
Annual
Price @ 7% Cap

$2.68M
Above asking

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Updated: Apr 30, 2024

Restaurant Property with Commercial Kitchens

1225 E Stone Drive, Kingsport, TN 37660

$1,595,000

13,000 sqft 0.97 AC lot

13,000 square feet of usable space on a 0.97 +/- acre site
B3 zoning at a signalized intersection on Stone Drive
More than 31,000+ average daily traffic count
Multiple commercial kitchens, full bar, and walk‑in freezers
Residential apartments, executive offices, and ADA‑compliant bathrooms

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Kingsport, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant Property with Commercial Kitchen

1840 Volunteer Parkway, Bristol, TN 37620

$400,000

1,746 sqft 0.45 AC lot

Brick building with flexible rooms, outdoor areas, and separate rear access along Volunteer Parkway.

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Restaurant Building with Commercial Kitchen

1840 Volunteer Parkway, Bristol, TN 37620

$400,000

1,746 sqft 0.45 AC lot

Flexible commercial layout includes food-preparation infrastructure, a covered porch, and rear patio.

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Mixed-Use Building with Theater

215 E Main St, Johnson City, TN 37604

Contact for pricing

6,712 sqft

Mixed-use property features a former theater space, commercial kitchen with walk-in freezer, office/mezzanine, and large street-facing display windows.

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Night Club with Vacant Lot

2910 Bristol Hwy, Johnson City, TN

Contact for pricing

12,884 sqft 1.38 AC lot

Night club with parking and adjacent 1.98-acre vacant lot.

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Kingsport, TN Commercial Kitchens Market Trends and Statistics

Explore 2 commercial kitchens for sale in Kingsport, TN on our real estate platform. These investment opportunities span a total of 30,750 square feet of properties for sale, with an estimated market value of $3,890,000.

Sale prices for industrial kitchens in Kingsport, TN start at $1,595,000, averaging $1,945,000, and reaching up to $2,295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
37660	$2.3M

Neighborhood

Average Price

37660

$2.3M