Downtown Flex Space with Redevelopment
For Lease
Contact for pricing
223 Commerce Street, Kingsport, TN 37660
Approximately 11,250 sf flexible commercial space in downtown Kingsport with city grant and Opportunity Zone eligibility.
Space Size11,250 SF
Days on Market56
Property Features for 223 Commerce Street
General Information
Standard status
Active
Size
11,250 SF
Property subtype
Industrial, Retail, Restaurant
Additional Details
Opportunity Zone
Yes
Spaces For Lease
at 223 Commerce Street Contact us- Size
- 11,250 SF
- Type
- Industrial, Retail, Restaurant
Flex, Trade, Showroom, Office, Retail
<p>Light Trade, Industrial & Specialty — The Industrial-Door Use Set</p><p>Plumbing/HVAC...
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Contact us
Listing Agency:
EXP Commercial
(214) 718-7079
Listed By:
Carson Jones · License #382989
Source:
Crexi
Added: Jun 11
Changed: Jul 10
Last Checked: Aug 4 at 9:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Commercial
Investment Insights
Based on property information with market context.
223 Commerce Street is a distinctive downtown commercial property offering approximately 11,250 square feet of flexible space. The asset is positioned to support a variety of commercial uses within one adaptable footprint.
The property is located within Kingsport’s Central Business District, and the site is identified as being inside a TIF District, PILOT District, a federally designated Qualified Opportunity Zone, and the Tennessee Main Street area. The public remarks further note eligibility for City of Kingsport programs, including a Façade Grant, Redevelopment Grant, and Downtown Kingsport Loan programs, tied to its downtown designation.
For tenants and operators, the flexible configuration can be useful when a business needs room to shape its operational layout while remaining in the historic core of downtown Kingsport. For investors, the property’s Qualified Opportunity Zone designation is described in the public remarks as potentially allowing eligible investors to defer and reduce capital gains tax, subject to applicable rules and participation requirements.
The property is located within Kingsport’s Central Business District, and the site is identified as being inside a TIF District, PILOT District, a federally designated Qualified Opportunity Zone, and the Tennessee Main Street area. The public remarks further note eligibility for City of Kingsport programs, including a Façade Grant, Redevelopment Grant, and Downtown Kingsport Loan programs, tied to its downtown designation.
For tenants and operators, the flexible configuration can be useful when a business needs room to shape its operational layout while remaining in the historic core of downtown Kingsport. For investors, the property’s Qualified Opportunity Zone designation is described in the public remarks as potentially allowing eligible investors to defer and reduce capital gains tax, subject to applicable rules and participation requirements.
Key Highlights
- Approximately 11,250 SF flexible commercial space at 223 Commerce Street in downtown Kingsport
- Located within Kingsport Central Business District, including TIF District and PILOT District designations
- Property is in a federally designated Qualified Opportunity Zone
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,960
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Atlas Culinary Concepts — 325 clinchfield st, kingsport, tn 37660
- Sweet and Savory Catering — 316 Cumberland St, Kingsport, TN 37660
Frequently Asked Questions
What type of property is this?
Flex space - Approximately 11,250 sf flexible commercial space in downtown Kingsport with city grant and Opportunity Zone eligibility.
Where is this flex space located?
The property is located at 223 Commerce Street Kingsport, TN.
What are key features of this property?
This property features: Approximately 11,250 SF flexible commercial space at 223 Commerce Street in downtown Kingsport; Located within Kingsport Central Business District, including TIF District and PILOT District designations; Property is in a federally designated Qualified Opportunity Zone
