Office, Medical, Dental, Legal - Ready for Tenant Build-Out
Spaces
Office or Co-Working | Single tenant | 6,500 SqFt
Building description
A rare large-format downtown asset in the heart of Kingsport's revitalized Broad Street corridor. One of the most substantial single-building opportunities available in Downtown Kingsport, approximately 22,300 square feet across three stories plus mezzanine, with an expansive cellar level below. Situated in an opportunity zone and $50,000+ in grants available, make this a unique opportunity for investors.
The first-floor and mezzanine spaces provide strong in-place cash flow with a highly attractive basis, offering investors tenant diversification, value-add upside, and potential Opportunity Zone tax advantages—positioning the property as a compelling alternative to comparable investments
Kingsport's steady, measured growth is its quiet advantage. Fast-growing markets like Nashville often overbuild during boom cycles and pay for it in vacancy spikes. Kingsport doesn't carry that risk.
Commercial fundamentals here are unusually tight across every sector — Office at 4.0% vacancy, Retail at 1.5%, and Multifamily at 5.6%, all outperforming national averages.
What makes this property a rare opportunity is the location: the historic core of downtown, where the inventory is finite and effectively irreplaceable. You can't build more historic buildings, and the city isn't adding new ones to the downtown center anytime soon.
Building highlights
Flexible rent available during buildout. $4,875 per month$9/SqFt. Tiered rent with renewal options for long term occupancy.
Prime Broad Street frontage in the core of Downtown Kingsport — a distinguished, highly visible address for a law firm, medical practice, or other professional office. 53' of continuous storefront exposure on the city's primary corridor gives your practice prominent signage and an easy-to-find front door for clients and patients. Surrounded by established regional and national operators including Starbucks, Food City, Truist, First Horizon Bank, Regions Bank, and HomeTrust Bank, placing you among the downtown's banking and professional-services anchors — ideal for attorneys, advisors, and medical providers who value proximity to clients and institutions.
±22,300 SF historic landmark on Broad Street with a rare three-story-plus-mezzanine configuration over a cellar level — exceptional flexibility to design a practice exactly to your needs: reception and client-facing suites on the ground floor, partner or physician offices and conference rooms above, and support, records, or staff space below. Located in a Qualified Opportunity Zone, the property offers significant federal tax advantages for investors and owner-occupants.
The ground floor is currently leased and income-producing, while the redevelopment-ready top floor is a blank canvas — well suited to a full professional suite, executive offices, or a residential loft for an owner who wants to live above the practice. The expansive cellar level offers generous additional square footage for records storage, lab or procedure space, file rooms, or future expansion, and is accessed via a rear stairwell, with a framed wood carve-out at the front of the building ready for a dedicated street-front staircase to the lower level.
Inside, an Art Deco facade fronts partially redeveloped historic interior finishes — exposed brick, steel joists, Terrazzo, and original hardwood — character that lends gravitas and a memorable, professional impression for clients and patients. Street-facing windows flood the interior with natural light, creating a welcoming environment for staff and visitors alike.
Zoned B-2 Central Business District, one of Kingsport's most flexible classifications and well suited to professional and medical office use, the property is also eligible for downtown façade, redevelopment, and loan incentive programs — meaningful support for build-out and tenant improvements.
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