Brick Storefront with Salon
New
For Sale
$278,000
2805 E Center Street, Kingsport, TN 37664
Commercial Sale, Kingsport, TN
Property Size984 SF
Lot Size0.32 Acres
Price / SF$282.52
Days on Market6
Property Features for 2805 E Center Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
P 1
Subdivision
Not Listed
Directions
From Fort Henry Mall turn right onto Fort Henry Drive and in 0.3 mile turn right onto SR 126 E then left onto Jessee Street. In 0.3 mile turn right into the parking lot. GPS Friendly
Standard status
Active
APN
062h A 029.00
Size
984 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Annual Amount
867
Utilities
Sewer type
Public Sewer
Heating system
Central, Heat Pump (Heating)
Cooling system
Heat Pump, Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
1982
Building materials
Brick
Roof type
Shingle
Listing Agency:
REMAX Cavaliers
(276) 870-6739
Listed By:
Randy Wampler · License #0225218272
(276) 870-5375
Added: Oct 10
Changed: Oct 14
Last Checked: Oct 15 at 6:06AM
MLS# 10001974
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 984-square-foot brick storefront is currently used as a hair salon. Salon equipment may remain for a buyer continuing salon operations. The property also includes a 0.32-acre corner lot and an additional lot, with P 1 zoning.
Located at 2805 E Center Street in Kingsport, the property is near Fort Henry Mall. Public water and public sewer serve the site.
Located at 2805 E Center Street in Kingsport, the property is near Fort Henry Mall. Public water and public sewer serve the site.
Key Highlights
- 984‑square‑foot brick commercial building
- 0.32‑acre corner lot with an additional lot
- Currently operating as a hair salon; equipment may remain
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,203
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,060
$304.1K
Cap Rate 7%
$217,186
$217.2K
Cap Rate 9%
$168,922
$168.9K
Market Conditions
NOI Build-Up for 984 SF
Gross rent
$22.7K $23.04/SF
− Vacancy
−$952 −$0.97/SF
EGI
$21.7K $22.07/SF
− OpEx
−$6.5K −$6.62/SF
NOI
$15.2K $15.45/SF
Area
Sullivan County, TN
Vacancy
4.20%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,060
Cap Rate 7%
$217,186
Cap Rate 9%
$168,922
Alternative Uses
Best Use
Retail
$217.2K
$190.0K – $253.4K
NOI $15,203 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$368.5K
$322.4K – $429.9K
NOI $25,794 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37664, TN
28,748
Population
13,914
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
92%
High-School Grad
33.9 sq mi
ZIP Area
848
Density / Sq Mi
$61,164
Median Household Income
$37,047
Median Earnings
$817
Median Rent
$204,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Salon equipment may remain for a buyer who continues the existing business.
Where is this storefront property located?
The property is located at 2805 E Center Street Kingsport, TN.
What is the asking price?
The asking price for this property is $278,000.
What are key features of this property?
This property features: 984‑square‑foot brick commercial building; 0.32‑acre corner lot with an additional lot; Currently operating as a hair salon; equipment may remain
