Flex Space with Garage
For Sale
$499,999
1100 E Center Street, Kingsport, TN 37660
Commercial Sale, Kingsport, TN
Property Size4,400 SF
Lot Size0.20 Acres
Price / SF$112.41
Days on Market92
Property Features for 1100 E Center Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B 3
Parking
68
Subdivision
Kingsport Corp
Directions
From 11W, go 18 miles then turn left to N Eastman Road. In 0.8 miles turn left to E Center Street. In 1.3 miles the property is located on your right. GPS friendly.
Standard status
Active
APN
046o L 00100 000
Size
4,448 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
1189
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating), Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1939
Building materials
Brick
Roof type
Composition
Listing Agency:
The Addington Agency Bristol
(423) 845-5800
Listed By:
Dominick Abate · License #373146
(276) 275-7883
Added: Jul 17
Changed: Oct 9
Last Checked: Oct 16 at 9:06AM
MLS# 9998288
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.
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Investment Insights
Based on property information with market context.
This 4,448-square-foot brick commercial building occupies 0.2 acres at 1100 E Center Street in Kingsport. The layout includes three 12-foot garage bays, office space, showroom potential, and storage areas, supporting a range of service-oriented and light industrial operations. Built in 1939, the property has received fresh exterior paint, new windows, a new entry door, updated flooring, and a composition roof with a durable truss system.
The building is served by public water and public sewer, with natural gas available. Heating includes a heat pump, electric service, and natural gas, while central air provides cooling. B3 zoning and the combination of workspace, customer-facing area, and storage create a flexible commercial configuration.
The building is served by public water and public sewer, with natural gas available. Heating includes a heat pump, electric service, and natural gas, while central air provides cooling. B3 zoning and the combination of workspace, customer-facing area, and storage create a flexible commercial configuration.
Key Highlights
- 4,448‑square‑foot commercial building on 0.2 acres
- Three 12‑foot garage bays
- B3 zoning with office, showroom potential, and storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,266
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,320
$645.3K
Cap Rate 7%
$460,943
$460.9K
Cap Rate 9%
$358,511
$358.5K
Market Conditions
NOI Build-Up for 4,448 SF
Gross rent
$53.4K $12.00/SF
− Vacancy
−$3.7K −$0.84/SF
EGI
$49.6K $11.16/SF
− OpEx
−$17.4K −$3.91/SF
NOI
$32.3K $7.25/SF
Area
Sullivan County, TN
Vacancy
7.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,320
Cap Rate 7%
$460,943
Cap Rate 9%
$358,511
Alternative Uses
Best Use
Flex RnD
$460.9K
$403.3K – $537.8K
NOI $32,266 @ 7.0% cap · market cap 6.45%
Second Best
Industrial
$420.9K
$368.3K – $491.0K
NOI $29,461 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M
NOI $116,599 @ 7.0% cap · market cap 23.32%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
717
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Sweet and Savory Catering — 316 Cumberland St, Kingsport, TN 37660
Frequently Asked Questions
What type of property is this?
Flex space - Brick commercial building combines office space, storage, and multiple garage bays under B3 zoning.
Where is this flex space located?
The property is located at 1100 E Center Street Kingsport, TN.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 4,448‑square‑foot commercial building on 0.2 acres; Three 12‑foot garage bays; B3 zoning with office, showroom potential, and storage areas
