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    Turn-Key Medical Office Opportunity Title is generated by Realmo AI

    216 W Ravine Road, Kingsport, TN 37660

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    Claim this Listing
    For Sale
    $299,000

    COMMERCIAL - Kingsport, TN

    Property size:
    1,300 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $230/SF
    Added:
    Apr 6, 2026
    Days on Market:
    84
    Last Refresh:
    Jun 28 at 8:06 pm

    Property Features for 216 W Ravine Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    P1/R2
    Parking
    23
    Standard status
    Active
    APN
    046h N 020.00
    Size
    1,300 SF
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Annual Amount
    857

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1992
    Building materials
    Brick
    Roof type
    Shingle

    We can help!

    Contact an agent
    Ed Mahaffey
    Ed Mahaffey

    Listing agent Ed Mahaffey License #355986

    Listing office TCI Group - Jerry Petzoldt Agency, LLC 5 Red Bush Court Suite 20, TN

    Listing date Apr 6, 2026

    MLS# 9993440

    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.

    HighLights

    • Fully renovated medical & professional office built in 1992
    • 23 dedicated on‑site parking spaces and ADA‑accessible entrance
    • Across from Ballad Health in an established healthcare corridor
    • Central air with heat pump and electric heating; modern HVAC improvements
    • Flexible floor plan with exam rooms, private offices, consultation/treatment areas, and administrative support spaces
    • Shingle roof; public water and public sewer; brick construction

    Overview

    This commercial property, ideally suited for healthcare and professional users, is located directly across from Ballad Health in Kingsport. The 1,300 square feet property is move-in-ready and offers an ideal setting for medical, dental, therapy, counseling, wellness, specialty healthcare, or administrative office operations. The flexible floor plan accommodates a variety of practice configurations, including exam rooms, private offices, consultation areas, treatment spaces, collaborative work environments, and administrative support functions. Recent renovations and capital improvements have enhanced both functionality and appearance, creating a turn-key opportunity for owner-users, investors, or expanding practices. Updates include renovated interiors, modern lighting and ceiling systems, hardwood flooring, HVAC improvements, completed masonry repairs, and numerous cosmetic and operational upgrades throughout. A standout feature of the property is its 23 dedicated on-site parking spaces, combined with ADA accessibility, excellent visibility, and convenient access to downtown Kingsport. The property also features a kitchenette and restroom facilities, as well as two interior safes for secure storage. The property has existing drive-through window infrastructure. The lot size is 0.5 acres. The zoning is P1/R2.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $32.4k $24.96
    − Vacancy −$7.1k −$5.49
    EGI $25.3k $19.47
    − OpEx −$6.3k −$4.87
    NOI $19.0k $14.60
    1,300 SF · lease $24.96/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $271.2K
    $237.3K – $316.4K (±1% cap)
    NOI $18,982 @ 7.0% cap · market cap 6.35%
    Second Best
    Healthcare Medical
    $214.1K
    $187.4K – $249.8K (±1% cap)
    NOI $14,988 @ 7.0% cap · market cap 5.01%
    Theoretical Best
    Office A
    $486.8K
    $426.0K – $568.0K (±1% cap)
    NOI $34,078 @ 7.0% cap · market cap 11.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Volume Interactive Advertising Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Kingsport Veterinary Hospital — 524 W Center St, Kingsport, TN 37660
    • Kingsport Veterinary Hospital: Warren Ashley DVM — 524 W Center St, Kingsport, TN 37660
    • Kingsport Veterinary Hospital: Dotson Thomas DVM — 524 W Center St, Kingsport, TN 37660
    • Mangum Carpent Rachael DVM — 524 W Center St, Kingsport, TN 37660

    Location Insight

    • Map
    • Local Demand
    City
    Kingsport
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.556634
    Latitude
    36.55405

    FAQs

    What type of property is this?
    Medical Office Space - Renovated medical/professional office across from Ballad Health with parking.
    Where is this medical office space located?
    The property is located at 216 W Ravine Road Kingsport, TN.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Fully renovated medical & professional office built in 1992; 23 dedicated on‑site parking spaces and ADA‑accessible entrance; Across from Ballad Health in an established healthcare corridor
    More about this property
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