Mixed-Use Building with Loft
For Sale
$495,000
300 Sullivan Street, Kingsport, TN 37660
Two-story downtown building offers partially built-out loft apartments plus an open main-level area suitable for retail or additional units.
Property Size9,389 SF
Price / SF$52.72
Days on Market355
Property Features for 300 Sullivan Street
General Information
Standard status
Active
Size
9,389 SF
Property subtype
General Commercial
Additional Details
Multifamily Units
4
Amenities
3
48.65 X 81 IRR
Building Details
Year Built
1920
Year Renovated
2020
Stories
2
Listing Agency:
TCI Group - Jerry Petzoldt Agency, LLC
(423) 612-4905
Listed By:
Lynn Shipley · License #347057
(423) 612-4905
Source:
Xome
Added: Sep 5, 2025
Changed: Aug 25
Last Checked: Aug 25 at 6:09AM
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 TCI Group - Jerry Petzoldt Agency, LLC
Investment Insights
Based on property information with market context.
This two-story, brick building was built in 1920 and was originally two separate buildings that were combined over time. The property has undergone exterior and envelope improvements including brick cleaning, roof replacement, and new window installation from 2018 to 2020, and it has been cleared of most interior walls. The building is currently partially built out for four loft apartments, with the second floor including two 1-bedroom units and one 2-bedroom unit, and the main level including one 2-bedroom unit. The main level also features an open area of approximately 1,400 square feet that could be used for retail space, a café, or additional loft units, and construction plans are available for review.
The property is located in Downtown Kingsport on the corner of Sullivan and Cherokee Streets. City parking is available on the opposite street corner.
As presented, the asset offers a flexible mixed-use layout with residential units and an additional open commercial or residential conversion area, supported by recently completed exterior and window upgrades.
The property is located in Downtown Kingsport on the corner of Sullivan and Cherokee Streets. City parking is available on the opposite street corner.
As presented, the asset offers a flexible mixed-use layout with residential units and an additional open commercial or residential conversion area, supported by recently completed exterior and window upgrades.
Key Highlights
- Downtown Kingsport two‑story building on the corner of Sullivan and Cherokee Streets
- Approximately 6,308 SF building built in 1920; originally two buildings combined into one
- Partially built out for 4 loft apartments: 3 units upstairs (two 1BR and one 2BR) plus one 2BR on the main level
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,971
Businesses Nearby
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 Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two-story downtown building offers partially built-out loft apartments plus an open main-level area suitable for retail or additional units.
Where is this quadplex located?
The property is located at 300 Sullivan Street Kingsport, TN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Downtown Kingsport two‑story building on the corner of Sullivan and Cherokee Streets; Approximately 6,308 SF building built in 1920; originally two buildings combined into one; Partially built out for 4 loft apartments: 3 units upstairs (two 1BR and one 2BR) plus one 2BR on the main level
