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    247 Broad St Kingsport, TN 37660

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    For Sale
    $2,466,000

    Redeveloped office building with architectural details and modern updates.

    Property size:
    26,000 SF
    Lot size:
    2.41 Acres

    Property Features for 247 Broad St

    General Information

    Size
    26,000 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

    Historic Kingsport Office Building For Sale

    This highly visible building on Broad Street, constructed in 1929, offers 23,000 square feet of redeveloped space. Originally built for Montgomery Ward, the property retains original architectural details, including 15-foot ceilings, exposed brick walls, exposed beams, and hardwood floors. Modern updates have been integrated throughout the building. The property features passenger elevators, individual electric meters for each tenant, common area restrooms, a newer roof with iso-board insulation, and a sprinkler system. Current tenants include Urban Brews and Creamery on the first floor, with office tenants occupying the remainder of the building. The total property size is 26,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Appalachian Title Title Company iInvest Solutions Investment Company Home Helpers & Direct ... Home Health Care Service Literacy Council of Kingsport Non-Profit Organization Urban Brews & Creamery Coffee Shop

    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
    -82.559808
    Latitude
    36.547

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    FAQs

    What type of property is this?
    Office building - Redeveloped office building with architectural details and modern updates.
    Where is this office building located?
    The property is located at 247 Broad St Kingsport, TN.
    What is the asking price?
    The asking price for this property is $2,466,000.
    What are key features of this property?
    This property features: - 23,000 sq ft of redeveloped space in a highly visible Broad Street location.; - Originally built for Montgomery Ward in 1929, offering historical significance.; - **Combination of modern updates and preserved original architectural details including 15-foot ceilings, exposed brick, beams, and hardwood floors.**
    (865) 315-8463
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    247 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
    247 Broad St Kingsport, TN 37660
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