Downtown Kingsport Office/Business
1028 E Center Street Kingsport, TN 37660
1028 E Center Street, Kingsport, TN, 37660
$169,900
For Sale
$169,900
COMMERCIAL - Kingsport, TN
Property Size1,023 SF
Lot Size0.02 Acres
Price / SF$166.08
Days on Market162
Property Features for 1028 E Center Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B 3
- Standard status
- Active
- APN
- 046o C 02100 000
- Size
- 1,023 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 438
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1930
- Building materials
- Brick
- Roof type
- Metal
Listing Agency
A Team Real Estate Professionals
(423) 726-2260
4595 Ft. Henry Drive, Kingsport, TN
Listed by
Dave Smith · License #334591
(423) 833-1444
Added: Feb 4 Checked: Jul 16 at 5:06 pm
MLS# 9990859
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in downtown Kingsport at 1028 East Center Street, this office or business space is available immediately. The property offers approximately 1023 square feet of space, suitable for professionals or a small business seeking a prime location. The space features newly renovated bathrooms with new toilets and vanity, as well as fresh flooring throughout. A new AC wall unit provides climate control. Safety features include new smoke detectors and a certified fire extinguisher. The building includes outdoor signage, offering exposure for a business. The property is located on the ground floor with no stairs and is situated in a high-traffic area. The area is well-lit. The property is zoned B 3 and sits on a lot of 0.02 acres.
Key Highlights
- Prime Downtown Kingsport location with high visibility and traffic.
- Newly updated/renovated office space.
- Approximately 1023 Sq Ft of ground floor space (no stairs).
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.5k | $24.96 |
| − Vacancy | −$5.6k | −$5.49 |
| EGI | $19.9k | $19.47 |
| − OpEx | −$5.0k | −$4.87 |
| NOI | $14.9k | $14.60 |
1,023 SF · lease $24.96/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$213.4K
$186.7K – $249.0K
NOI $14,937 @ 7.0% cap · market cap 8.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$383.1K
$335.2K – $447.0K
NOI $26,817 @ 7.0% cap · market cap 15.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Updated office space in downtown Kingsport with high visibility.
Where is this office units located?
The property is located at 1028 E Center Street Kingsport, TN.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Prime Downtown Kingsport location with high visibility and traffic.; Newly updated/renovated office space.; Approximately 1023 Sq Ft of ground floor space (no stairs).
