2450 Memorial Boulevard
Kingsport, TN, 37664 $ 2,000,000
Bedrooms-- Baths-- Sq 25,520 for $2,000,000. This 25,520 square foot property was built in 1983 on a lot size of 2.77.
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.
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FeaturesGeneralSewer 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
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InteriorAir Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorWater 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)
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* Excluded FeaturesList ByTci Group - Jerry Petzoldt Agency, LlcBroker
edmahaffey@tcigroup.comEmail
NearbyAbout Kingsport, TN 53,958 Population
4% Since 2002
$ 39,133 Median Income
44.24 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/17/2026 | $2,000,000 | | Listed Price |