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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

130-134 Broad St Kingsport, TN 37660

10,000 SF Built 1920
Property ID
Property summary
AI-generated overview

This exceptional 10,000 square foot mixed-use property, located at 130-134 Broad Street in Kingsport, Tennessee, presents a compelling investment opportunity. Built in 1920, this two-story building sits on a 6,950 square foot lot and is currently configured as both restaurant and executive office space. The asking price is $550,000, representing a price per square foot of $55. Situated in the heart of Kingsport's revitalized downtown, this property benefits from its prime location near local amenities and enjoys the advantages of being within a designated Opportunity Zone, offering potential tax incentives for qualified investors. The property's diverse income streams, derived from its mixed-use configuration, provide a solid foundation for immediate cash flow and future growth. The building's existing layout offers flexibility for various uses, allowing for potential lease optimization and renovations to enhance returns. This property is ideal for investors seeking a value-add opportunity in a thriving downtown area experiencing significant community growth and development. The property's proximity to local amenities further enhances its appeal to tenants and patrons. Detailed financial information is available upon request. This is a rare chance to acquire a significant piece of Kingsport's commercial landscape.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1920
Total area 10,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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