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Office Units with Waiting Area
For Lease
$1,000/Mo

245 E New Street, Kingsport, TN 37660

Commercial Lease, Kingsport, TN

Space Size600 SF
Lot Size0.35 Acres
Days on Market304

Property Features for 245 E New Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning B2
Subdivision City Of Kingsport
Directions 239 East New Street - 2nd Story
Standard status Active
APN 046i E 006.00
Size 600 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Annual Amount 4704

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1940
Building materials Brick
Roof type Rubber
Listing Agency: Platinum Properties, Powell, Realtors
Listed By: Dwayne Powell · License #260055
Added: Nov 13, 2025 Changed: Sep 13 Last Checked: Sep 13 at 7:06PM
MLS# 9988261

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.

This commercial lease offers approximately 600 square feet configured with two large offices and a waiting area. The office units are in a brick building constructed in 1940 and feature electric heating, heat-pump heating, and heat-pump cooling. Public water and public sewer serve the property, with cable availability also noted.

The space is in downtown Kingsport, adjacent to a large free public parking lot for employees and near street-level parking for customers. Electricity, water, and a private waste dumpster are included with the lease. The property carries B2 zoning and is offered for commercial lease only.

Key Highlights

  • Approximately 600 square feet of office space
  • Two large offices plus a waiting area
  • Adjacent to a large free public parking lot

Property Analytics

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Current Use

Real Estate Training ... Vocational School Northwestern Mutual Financial Advisor Star-Quality Studio’s Recording Studio Steven K Hutton ... Architect In-Home Care Services ... Home Health Care Service

Suggested Use

Top Pick Auto Parts Store Garden Center Grocery & Convenience Store Acupuncture (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,971
Businesses Nearby

Demographics for 37660, TN

39,479
Population
20,405
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
88%
High-School Grad
65.7 sq mi
ZIP Area
601
Density / Sq Mi
$46,913
Median Household Income
$34,164
Median Earnings
$833
Median Rent
$177,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Kingsport, TN

$18.95 /SF/Yr
Avg Asking Price
$12–$24 /SF/Yr
Price Range
3,534 SF
Avg Space Size

This space is priced 6% above the average of $18.95 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two private offices and a reception area provide a practical small-business workspace with public parking nearby.
Where is this office units located?
The property is located at 245 E New Street Kingsport, TN.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: Approximately 600 square feet of office space; Two large offices plus a waiting area; Adjacent to a large free public parking lot
More about this property
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