Address

2450 Memorial Boulevard, Kingsport, TN

Listing Type

Active

Price

$ 2,000,000

Property Attributes

MLS#9994069
TypeCom Lease
Listing Status Active
CountySullivan
CityKingsport
AreaDowntown,Greenfields,Hillcrest
NeighborhoodNot In Subdivision
Zip37664
Style
Year Built1983
Taxes$ 21649
Price$ 2,000,000
Bedrooms0
Full Bathrooms0
Half Bathrooms0
Sqr Footage25520
Lot Size2.77 Acres

Data Source:

Tennessee Virginia Regional MLS (NETAR)

Property Description

Positioned along one of Kingsport's most traveled corridors, 2450 Memorial Blvd. offers a rare opportunity to acquire a highly adaptable commercial asset in a proven, stable market area. This 31,656 SF building--originally constructed as a grocery store--features approximately 25,520 SF of finished space currently configured into two separate units, with the flexibility to combine into a single contiguous footprint. The structure is modern and durable, built with steel and block construction and topped with a metal roof, providing long-term reliability and low maintenance. Interior functionality is enhanced by 14-foot ceilings and an 18-foot overall clear height, making it well-suited for a wide range of commercial applications. The property sits on a level site with 112+ parking spaces, offering excellent accessibility and convenience for customers, employees, and service operations. With frontage and access from multiple-lane city streets on two sides, the location provides strong visibility and efficient traffic flow. A detached exterior loading dock further supports distribution, retail, or light industrial uses. Zoned B3 (Highway Business), the property allows for an extensive array of uses, making it ideal for investors, owner-users, or developers seeking flexibility. Potential applications include retail, office/warehouse, professional or consumer services, fitness or medical facilities, restaurants, breweries or distilleries, automotive sales, indoor storage, educational or community uses, and entertainment venues--among many others. Utilities include natural gas, public water, and public sewer, ensuring readiness for immediate occupancy or redevelopment. The surrounding area is designated as ''stable'' by the City of Kingsport, reinforcing long-term value and investment confidence. Whether repositioned as a retail hub, service center, mixed-use commercial space, or specialty facility, this property offers scale, flexibility, and a prime location to support a wide variety of business ventures.

Price History
4/17/2026	Listed $2,000,000

General Features

Sewer	Public Sewer
Heating	Central,Natural Gas
Cooling	Central Air
Utilities	Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Roof	Metal
Development Status	Infrastructure In
Zoning	B 3
Construction Materials	Block
Year Built	1983
Electric	440 Volts
Business Type	Grocery,Office/Showroom,Professional/Office,Retail
County	Sullivan
New Construction	false
Property Type	Commercial Lease
HOA	false
Subdivision Name	Not In Subdivision
Status	Active
Directions	In Kingsport at the corner of E Center Street and Memorial Blvd.
City	Kingsport
MLS Area	413 - Downtown,Greenfields,Hillcrest
Lot Size Units	Acres
Lot Size Square Feet	120661.2
Current Financing	None
Property Condition	Above Average,Average
MLS Area Minor	413 - Downtown,Greenfields,Hillcrest
Standard Status	Active
Conventional	true
Existing_sp_Finance_co_None14	true

Interior Features

Air Conditioning Y/N	true
Heating Y/N	true

Exterior Features

Water Source	Public
Total Parking	112
Lot Size Area	2.77
Building Area Total	31856
Lot Dimensions	298' x 392' IRR
Lot Size Acres	2.77
Road Frontage Type	City Street
Other Equipment	Delivery Doors,Exterior Lights,Fire Sprinkler System,Garage Bay(s),Lighting-Fluorescent,Loading Dock(s)
Exterior_sp_Finish_co_Block5	true