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Downtown Office Suite with Parking
For Lease
$700/Mo

245 E New Street, Kingsport, TN 37660

COMMERCIAL - Kingsport, TN

Space Size350 SF
Days on Market155

Property Features for 245 E New Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning B 2
Subdivision City Of Kingsport
Directions 245 East New Street
Standard status Active
APN 046i E 00600 000
Size 350 SF

Utilities

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

Building Details

Year built 1940
Building materials Brick
Roof type Rubber
Listing Agency: Platinum Properties, Powell, Realtors
Listed By: Dwayne Powell · License #260055
Added: Mar 11 Changed: Aug 5 Last Checked: Aug 12 at 7:06PM
MLS# 9992209

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.

Investment Insights

Based on property information with market context.

This approximately 350-square-foot office suite includes two spacious offices plus a waiting area. The space is offered for commercial lease only.

The property is located in downtown Kingsport, Tennessee at 245 E New Street. It is adjacent to a large free public parking lot for employees and offers easy street-level parking for customers.

Monthly rent is $700 and includes electricity, water, and a private waste dumpster.

Key Highlights

  • Approx. 350 SF office space with two offices and a waiting area in downtown Kingsport, TN
  • Brick construction with heat pump heating and cooling
  • Monthly rent of $700 includes electricity, water, and a private waste dumpster

Property Analytics

Current Use

Real Estate Training ... Vocational School Northwestern Mutual Financial Advisor Star-Quality Studio’s Recording Studio Steven K Hutton ... Architect In-Home Care Services ... Home Health Care Service

Suggested Use

Top Pick Auto Parts Store Garden Center Grocery & Convenience Store Acupuncture (Bike/Boat/Book/etc) Store Carpet & Flooring 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.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,971
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

Lease Benchmarks for Kingsport, TN

$21.6 /SF/Yr
Avg Asking Price
$0.96–$108 /SF/Yr
Price Range
5,329 SF
Avg Space Size

This space is priced 11% above the average of $21.6 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Approximate 350 SF office suite with two offices and a waiting area, located near public parking and street-level access.
Where is this office units located?
The property is located at 245 E New Street Kingsport, TN.
What is the lease rate?
The lease rate is $700/Mo.
What are key features of this property?
This property features: Approx. 350 SF office space with two offices and a waiting area in downtown Kingsport, TN; Brick construction with heat pump heating and cooling; Monthly rent of $700 includes electricity, water, and a private waste dumpster
More about this property
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