Portfolio Listing Kingsport, TN
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Portfolio of 12 properties in an Opportunity Zone.
Type:RETAIL
Property size:
166,135 SFLot size:
0.23 Acres- Added:
- May 20, 2025
- Days on Market:
- 336
- Last Refresh:
- Apr 5 at 8:19 pm
Property Features for Portfolio Listing
General Information
- Standard status
- Active
- Size
- 166,135 SF
- Lot size
- 0.23 Acres
- Property subtype
- RETAIL
Listing agent Lauren Morgan License ##13164228 (865) 315-8463
Listing office NAI Koella RM Moore - Knoxville (865) 315-8463
Listing date May 20, 2025
Source Moodyscre
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 NAI Koella RM Moore - Knoxville
Overview
Kingsport Investment Opportunity Zone Portfolio
This investment opportunity is located within a designated Opportunity Zone in Kingsport, Tennessee. The portfolio features 12 properties. The properties, totaling 166135 square feet, offer the opportunity to renovate and/or lease up at an attractive cap rate, or convert the buildings into condos and sell them individually. The existing buildings possess an iconic architectural aesthetic, exemplifying a bygone era. Features include historical exterior details such as original pressed tin ceilings, exposed brick walls, and high ceilings, providing a strong foundation for unique developments. This investment offers potentially significant tax benefits and growth opportunities for long-term investors and serves as an attractive alternative to a 1031 Exchange. The portfolio offers a value-add investment within an Opportunity Zone.
Location Intelligence
Current Use by Public Records
Shopping centers
Map
- City
- Kingsport
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.4861
- Latitude
- 36.5345
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Portfolio of 12 properties in an Opportunity Zone.
Where is this shopping center located?
The property is located at Portfolio Listing Kingsport, TN.
What is the asking price?
The asking price for this property is $13,459,000.
What are key features of this property?
This property features: Located in a designated Opportunity Zone, offering potentially significant tax benefits.; Portfolio of 12 properties available for less than the cost of new construction.; Opportunity to renovate and lease, or convert into condos to sell individually.
