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    Versatile Commercial Property in Kingsport
    Updated: Feb 16
    Versatile Commercial Property in Kingsport

    427 & 431 E Sullivan Street, Kingsport, TN 37660

    $450,000
    4,430 sqft 0.28 AC lot
    Prime downtown Kingsport location on E Sullivan Street with high visibility and walkability.
    Versatile property with commercial and residential potential, featuring a studio apartment and flexible office/retail space.
    Multiple income streams from leased office space and short‑term rental (studio).
    Rare grass courtyard and dedicated parking, unique for a downtown property.
    Two additional detached buildings offer expanded rental, workspace, or business use possibilities.
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    This listing looks promising.

    Here's a quick look at some key insights for

    427 & 431 E Sullivan Street, Kingsport, TN 37660

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    • Est. Cap Rate

      8.6%
      Above avg (5.9%)

    • Est. NOI

      $39K
      Annual

    • Mortgage

      $250K
      May 2026

    • Last Sold

      Apr 2022
      $210K

    • Property Type

      Retail Stores
      Built 1920
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    Remodeled Two-Unit Craftsman Home
    Updated: Mar 2
    Remodeled Two-Unit Craftsman Home

    1246 E Center Street, Kingsport, TN 37660

    $399,900
    3,948 sqft 0.13 AC lot
    Remodeled craftsman/bungalow home (built 1928) with LVP flooring, granite counters, and granite in every kitchen and bathroom
    Main home features 4 bedrooms and 2.5 bathrooms with 1‑level living, including master and laundry on the main level
    Upgrades include new metal roof, 3 new heat pumps, new windows, updated plumbing and electrical, can lighting, and a new water heater
    Detached 1‑bedroom, 1‑bath garage apartment out back with its own separate address and separate electric meter
    Appliances included: dishwasher, electric range, microwave, and refrigerator
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    Turn-Key Kingsport Condo Investment
    Turn-Key Kingsport Condo Investment

    308 East Sullivan Street, Unit PT12, Kingsport, TN 37660

    $499,900
    2,969 sqft

    Three-unit condo in downtown Kingsport, fully furnished and remodeled.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Kingsport, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Spacious Duplex in Prime Location
    Spacious Duplex in Prime Location

    101 Crestview Drive, Greeneville, TN 37745

    $772,400
    7,184 sqft 0.83 AC lot

    Income-producing duplex with flexible living and investment potential.

    View details
    Brick Duplex with Two Decks
    Brick Duplex with Two Decks

    101 Crestview Drive, Greeneville, TN 37745

    $787,400
    7,184 sqft

    Brick duplex offers two units with main-level living, porches, private decks, and attached garages plus unfinished lower space.

    View details
    Luxury Multifamily Investment Opportunity
    Luxury Multifamily Investment Opportunity

    577 English Street, Bristol, TN 37620

    $1,825,000
    10,260 sqft

    New construction, five units, fully rented in Bristol, Tennessee.

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    Bristol Multifamily Investment Opportunity
    Bristol Multifamily Investment Opportunity

    2412,14,16 Bradley Street, Bristol, VA 24201

    $425,000
    2,817 sqft 0.56 AC lot

    Income-producing property near Hard Rock Casino with expansion potential.

    View details

    Kingsport, TN Short Term Rental Properties Market Trends and Statistics

    Explore 3 short term rental properties for sale in Kingsport, TN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,347 square feet of properties for sale, with an estimated market value of $1,349,800.

    Sale prices for short term rental properties in Kingsport, TN start at $399,900, averaging $449,933, and reaching up to $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 19
    Quadplexes 5
    Duplexes 4
    Short term rental properties 3
    Triplexes 3

    Demographics Overview

    Population 88K
    Population Growth (5Y) -0.8%
    Median Household Income $56,200
    College Educated 23.6%

    High-Yield Neighborhoods for Investment

    Identify Kingsport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37660 $419.7K

    Listings Trend

    New vs delisted commercial listings in Sullivan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Sullivan County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Kingsport fall within the 100,000+ square foot range.

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