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    244 Broad St Kingsport, TN 37660

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    For Sale
    $1,570,000

    Retail property with redevelopment opportunity in Kingsport, Tennessee.

    Property size:
    25,043 SF
    Lot size:
    2.41 Acres

    Property Features for 244 Broad St

    General Information

    Size
    25,043 SF
    Lot size
    2.41 Acres

    Source: NAI Koella RM Moore - Knoxville Agent Lauren Morgan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Retail Space with Redevelopment

    This property offers 11,500 square feet of renovated and currently leased retail space. Tenants include Kingsport GellyBall, The Bagel Exchange, and Impressions Fine Art Gallery. The second floor is stripped down and presents a redevelopment opportunity for luxurious residential lofts. A passenger elevator provides convenient access. The property's total size is 25,043 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -82.560498
    Latitude
    36.547339

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    FAQs

    What type of property is this?
    Retail space - Retail property with redevelopment opportunity in Kingsport, Tennessee.
    Where is this retail space located?
    The property is located at 244 Broad St Kingsport, TN.
    What is the asking price?
    The asking price for this property is $1,570,000.
    What are key features of this property?
    This property features: - 11,500 sq ft of renovated and currently leased space provides immediate income.; - Second floor is ready for redevelopment into residential lofts.; - Existing tenants include Kingsport GellyBall, The Bagel Exchange, and Impressions Fine Art Gallery.
    (865) 315-8463
    Request Owner's contact information
    244 Broad 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
    244 Broad St Kingsport, TN 37660
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