Downtown Retail Storefront
333 E Sullivan Street Kingsport, TN 37660
333 E Sullivan Street, Kingsport, TN, 37660
$217,000
For Sale
$217,000
Storefront retail building with flexible interior partitions, back storage building, and alley access on a 0.17-acre lot.
Property Size1,000 SF
Lot Size0.17 Acres
Price / SF$217
Days on Market351
Property Features for 333 E Sullivan Street
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Lot size
- 0.17 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1987
Listing agency
Foundation Realty Group
(423) 218-9554
Listed by
Candace Fletcher · License #378500
Source
Xome
Added: Aug 6, 2025 Updated: Jul 20 at 6:34PM Checked: Jul 21 at 3:53AM
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 Foundation Realty Group
Investment Insights
Based on property information with market context.
This downtown retail storefront building offers a flexible interior layout that was most recently used as a beauty shop. The building includes multiple partitions that can remain in place or be opened up into one larger, versatile space. It is described as well-kept, with opportunity for updates or renovations. The property also includes a back storage building and alley access to support additional storage or expansion needs. A gas water heater is included.
Located in downtown Kingsport with road frontage, the property is positioned for strong street-level exposure and easy public access.
With approximately 1,000 square feet of retail space and additional storage in a separate back building, this site can serve a variety of retail, office, studio, or service-based business formats, subject to applicable use requirements.
Located in downtown Kingsport with road frontage, the property is positioned for strong street-level exposure and easy public access.
With approximately 1,000 square feet of retail space and additional storage in a separate back building, this site can serve a variety of retail, office, studio, or service-based business formats, subject to applicable use requirements.
Key Highlights
- 1,000 sq. ft. downtown Kingsport storefront retail building built in 1987
- 0.17‑acre lot with road frontage and convenient alley access
- Metal roof; heat pump cooling; gas water heater included
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.0k | $23.04 |
| − Vacancy | −$968 | −$0.97 |
| EGI | $22.1k | $22.07 |
| − OpEx | −$6.6k | −$6.62 |
| NOI | $15.5k | $15.45 |
1,000 SF · lease $23.04/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$220.7K
$193.1K – $257.5K
NOI $15,451 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$374.5K
$327.7K – $436.9K
NOI $26,214 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Holston Florist Shop Inc — 1006 Gibson Mill Rd, Kingsport, TN 37660
- Food City Florists — 300 Clinchfield St, Kingsport, TN 37660
FAQs
What type of property is this?
Storefront property - Storefront retail building with flexible interior partitions, back storage building, and alley access on a 0.17-acre lot.
Where is this storefront property located?
The property is located at 333 E Sullivan Street Kingsport, TN.
What is the asking price?
The asking price for this property is $217,000.
What are key features of this property?
This property features: 1,000 sq. ft. downtown Kingsport storefront retail building built in 1987; 0.17‑acre lot with road frontage and convenient alley access; Metal roof; heat pump cooling; gas water heater included
