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    701 Center St Kingsport, TN 37660

    For Sale
    $350,000

    High-Visibility Commercial Building, Excellent Lease Potential

    Property size:
    1,682 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 1,682 square foot commercial property, situated on a 0.36-acre lot at 701 E Center Street in Kingsport, Tennessee, presents a remarkable investment opportunity. Its prime location offers unparalleled visibility and accessibility, making it ideal for a diverse range of commercial ventures. Envision your business thriving in this versatile space, suitable for restaurants, barbershops, coffee shops, boutiques, offices, retail shops, car lots, or auto garages. The property benefits from readily available public utilities, and previous gas tanks have been removed for enhanced safety and operational flexibility. A valuable asset included in the sale is a rear billboard, currently under lease, generating additional income potential. The strategic location next to Seavers Donuts further enhances its appeal and foot traffic. The current tenant operates on a month-to-month lease, providing flexibility for the new owner. While all information provided is believed to be accurate, potential buyers are encouraged to independently verify all details. This property's high visibility alone justifies its asking price of $350,000, making it an exceptional investment with significant upside potential. Don't miss this chance to secure a truly exceptional commercial property in a thriving Kingsport location.

    Property Features for 701 Center St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,682 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1956
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    All American Autos Auto Broker

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kingsport
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.55405
    Latitude
    36.54395

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    FAQs

    What type of property is this?
    Commercial real estate - High-Visibility Commercial Building, Excellent Lease Potential
    Where is this commercial real estate located?
    The property is located at 701 Center St Kingsport, TN.
    What is the asking price?
    The asking price for this property is $350,000.
    (423) 845-5800
    Request Owner's contact information
    701 Center St Kingsport, TN 37660
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    Kingsport, TN 37660
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Center St Kingsport, TN 37660
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