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Downtown Kingsport Mixed-Use Opportunity
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237-245 BROAD ST, Kingsport, TN 37660

Historic 22,300 SF building in Kingsport's Central Business District.

Property Size22,300 SF
Price / SF$74.39
Days on Market91

Property Features for 237-245 BROAD ST

General Information

Standard status Active
Size 22,300 SF
Class B
Property subtype Retail, Multifamily, Office
Zoning B-2
Occupancy 30%
Lease Type NNN

Building Details

Year Built 1930
Buildings 1
Units 3
Tenancy Multi
Listing Agency: EXP Commercial
Listed By: Carson Jones · License #382989
Source: Crexi
Added: May 13 Changed: Aug 8 Last Checked: Aug 8 at 3:19PM

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.

Located in the heart of Downtown Kingsport, this historic landmark offers approximately 22,300 square feet of space with significant potential. The property benefits from its prime Broad Street frontage, providing continuous storefront exposure on the city's primary retail corridor. The building features a rare three-story plus mezzanine configuration, along with a cellar level, offering unmatched flexibility. The ground floor is currently leased to Shooter's Billiards, which is actively expanding into the mezzanine, providing in-place income and tenant growth. The top floor is vacant and ready for redevelopment, suitable for residential lofts, office space, or retail. The expansive undeveloped cellar presents opportunities for a music venue, cigar lounge, fine dining, indoor golf, or mini bowling, accessible via a rear stairwell. The property's Art Deco facade complements partially redeveloped historic interior finishes, including exposed brick, steel joists, Terrazzo, and hardwood. Situated in the B-2 Central Business District, the property benefits from one of Kingsport's most flexible zoning classifications, making it suitable for a wide range of tenant mixes or owner-user concepts. The property is eligible for downtown facade, redevelopment, and loan incentive programs, and it is located within a Qualified Opportunity Zone, offering significant federal tax advantages. The location is exceptionally drivable, with fairly walkable and bikeable access within the downtown core and surrounded by regional and national operators.

Key Highlights

  • B‑2 Central Business District Zoning: Offers exceptionally broad and flexible permitted uses.
  • Downtown Kingsport Incentives: Eligible for local incentive programs to offset purchase, renovation, and facade improvement costs.
  • Prime Broad Street Frontage: Boasts 53' of continuous storefront exposure.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Garden Center Acupuncture (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,960
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic 22,300 SF building in Kingsport's Central Business District.
Where is this mixed-use property located?
The property is located at 237-245 BROAD ST Kingsport, TN.
What is the asking price?
The asking price for this property is $1,659,000.
What are key features of this property?
This property features: B‑2 Central Business District Zoning: Offers exceptionally broad and flexible permitted uses.; Downtown Kingsport Incentives: Eligible for local incentive programs to offset purchase, renovation, and facade improvement costs.; Prime Broad Street Frontage: Boasts 53' of continuous storefront exposure.
(214) 718-7079 Call to check price and availability
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