Multiple lease opportunities at 237-245 Broad Street: a have vacant, redevelopment-ready top floor suitable for residential loft conversion, creative or professional office, medical/co-working, or boutique retail; an expansive undeveloped cellar with framing in place for a dedicated Broad Street staircase — ideal for a music venue, cigar lounge, fine dining concept, indoor golf simulator, or mini bowling. 53 ft of continuous Broad Street frontage. B-2 Central Business District zoning supports an exceptionally broad permitted use list. Federally designated Qualified Opportunity Zone. Up to $50, 000+ in façade and redevelopment grants available. Contact listing agent for lease rates and available SF.

Highlights:
• Kingsport buying power per dollar of retail rent is 10% to 24% higher than Knoxville, Nashville, and Asheville, NC. This metric is critical: rent is ultimately funded by tenant revenue, which is directly tied to the purchasing power of the surrounding population. In Kingsport, that relationship is more favorable.
• The same construction-cost advantage shown for multifamily holds true for retail and remodel work. Kingsport hard costs run meaningfully below peer markets across the board, and when paired with incentives — Opportunity Zone tax advantages, façade improvement grants of up to $50,000, and the City’s Redevelopment Grant and Downtown Loan programs — projects achieve a superior basis and stronger risk-adjusted returns.