2450 Memorial Boulevard, Kingsport, TN 37664
Not In Subdivision · Sullivan County
Key Facts
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.
Property Information
Property Type
Commercial Lease
Sub-Type
Office
Year Built
1983
Living Area
31,856 sq ft
Lot Size
2.77 acres
Lot Dimensions
298' x 392' IRR
Parking Spaces
112
Zoning
B 3
Days on Market
1
MLS® Listing#
9994069
Property Features
Cooling
Heating
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
062h A 005.00
Directions
In Kingsport at the corner of E Center Street and Memorial Blvd.
Affordability Calculator
$400,000
Estimated monthly payment
$10,645/mo
Principal $1,600,000 · Est. interest $2,232,142 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Kingsport, TN
- $337,705
- Median Listing Price
- 59
- Median Days on Market
- 1,774
- Median Sq Ft
- $178
- Median Price / Sq Ft
- 364
- Active Listings
- This home’s price is 492% above the area median.
- Its price per sq ft is 65% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Kingsport, TN.
Location
Points of Interest in Kingsport, TN
Showing the Kingsport area map.
Nearby Schools
Robinson Middle School
Secondary · 0.2 mi away
Thomas Jefferson Elementary School
Elementary · 0.6 mi away
Dobyns-Bennett High School
Secondary · 0.8 mi away
City of Kingsport Public Works
Secondary · 0.8 mi away
Andrew Johnson Elementary School
Elementary · 0.9 mi away
Palmer Early Learning Center
School · 0.9 mi away
Mountain View Day School
School · 1.1 mi away
St. Dominic School Kingsport, TN
Secondary · 1.2 mi away
Lincoln Elementary School
Elementary · 1.4 mi away
Christian Life Center
School · 1.5 mi away
John Sevier Middle School
Secondary · 1.9 mi away
Sullivan North High School
Secondary · 2.1 mi away
St. Paul's Day School & Kindergarten
School · 2.4 mi away
Appalachian Christian School
School · 2.5 mi away
First Baptist Church
School · 2.7 mi away
Cedar Grove Elementary School
Elementary · 2.9 mi away
Lighthouse Christian School
School · 3.0 mi away
Sullivan South High School
Secondary · 3.1 mi away
Kingsport City Schools
School · 3.1 mi away
Dobyns-Bennett High School
Secondary · 3.1 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 453 East Main Street, Kingsport, TN | $1,500,000/mo | — | — | 6,000 |
| Tbd Shady View Road, Kingsport, TN | $1,599,900 | — | — | — |
| 401 Tilthammer Drive, Kingsport, TN | $1,600,000 | — | — | 8,000 |
| 1245/1251 Montvue Road, Kingsport, TN | $1,650,000 | — | — | 12,500 |
| 3130 East Stone Drive, Kingsport, TN | $1,650,000 | — | — | — |
| 5005 Preston Park Drive, Kingsport, TN | $1,750,000 | 6 | 7 | 7,606 |
Moving Cost Estimate
EXIT Agents in Kingsport
Listing Courtesy: TCI Group - Jerry Petzoldt Agency, LLC - 4232300255
Presented by: Ed Mahaffey