Property Description

Incredible Downtown Kingsport Redevelopment Opportunity - 63,300± Sq. Ft.Investors, developers, and visionaries--this is your chance to own one of downtown Kingsport's most exciting redevelopment opportunities! Offering approximately 63,300 square feet, this massive red iron steel commercial building is a rare blank canvas with unlimited possibilities.Whether your vision includes luxury loft apartments, mixed-use retail, office space, restaurants, entertainment venues, self-storage, event space, or a combination of commercial and residential uses, this property is ready for transformation. Enjoy breathtaking views overlooking downtown Kingsport and long-range views of Bays Mountain--an ideal backdrop for a landmark development.Property Features:Approximately 63,300 square feetDurable red iron steel constructionBrand-new roof (2026)Three loading dock garage doors, including one new overhead doorConcrete floors throughoutWorking fire sprinkler systemTwo large front stairways with interior and exterior accessTwo rear stairwells for additional accessibilitySix bathrooms, including two with showers and changing roomsExisting office space on the first and third floorsFreight/passenger elevator converted from three-phase to 220V (controls and final inspection needed)New sump pumps installed in both elevator pitsFirst floor has already been cut for future water line installation, making future development easierThe building has been stripped to the fire-rated walls, creating an excellent opportunity for a complete custom build-out. Much of the existing electrical infrastructure may be repurposed, although buyers should anticipate electrical upgrades. A rooftop natural gas heating system is in place but should be evaluated, with replacement expected.An asbestos report is available upon request. Only a few isolated areas contain asbestos, and portions have already been professionally removed. A previous estimate for replacing windows and doors on two floors was approximately $160,000.Properties of this size and location rarely become available. With its prominent downtown location, incredible views, and flexible floor plan, this building offers tremendous upside for the right investor.The current owner is available to personally walk qualified buyers through the property, explain the improvements already completed, and discuss the tremendous redevelopment potential.Bring your imagination and create the next signature destination in downtown Kingsport! Buyer and buyers agent to confirm all information

Property Features