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Two-Office Professional Suite
For Lease
$700/Mo

245 E New Street, Kingsport, TN 37660

Commercial Lease, Kingsport, TN

Space Size350 SF
Days on Market187

Property Features for 245 E New Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning B 2
Subdivision City Of Kingsport
Directions 245 East New Street
Standard status Active
APN 046i E 00600 000
Size 350 SF

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Heat Pump (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: Mar 11 Changed: Sep 13 Last Checked: Sep 13 at 8:06PM
MLS# 9992209

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 350-square-foot office suite provides two offices and a waiting area within a brick building constructed in 1940. The space is offered for commercial lease and includes electric heating, heat-pump heating and cooling, public water, public sewer, and cable availability. A private waste dumpster serves the property.

The suite is located in downtown Kingsport and sits beside a large free public parking lot for employees. Street-level parking is also available for customers. The property is zoned B 2 and features a rubber roof.

Key Highlights

  • 350 square feet of office space
  • Two 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

NNN (Triple Net)
Lease Type
$3.60 /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 27% 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 - Office suite with two private offices, a waiting area, and street-level customer parking.
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 $700/Mo.
What are key features of this property?
This property features: 350 square feet of office space; Two offices plus a waiting area; Adjacent to a large free public parking lot
More about this property
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