116 Commerce St

Retail-Commercial for Lease
Catylist Listing ID: 30787635
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Contiguous Space: 1,000 - 7,701 SF
Gross Building Area: See Agent
Lease Rate: $9 - 13 PSF (Annual)
Base Monthly Rent: $5,775 - 8,342
Lease Types: NN, Net Lease, Other
Ceiling: 10 ft.
In Opportunity Zone? Yes
Building Name: The Telephone Building
Last Updated: 5/3/2022

Overview / Comments

Seize this opportunity to lease space at one of Downtown Kingsport's iconic landmarks, The Telephone Building. Located in a high growth section of downtown, this commercial space is in the heart of successful breweries, restaurants, residential lofts, retail shops, and thriving small businesses. Just a short walk to downtown's most desirable destinations, including Centennial Park and Kingsport's new Brickyard Park residential development, which will boast 350 residential units, recreation and green space. This property has access and convenience to street parking and several public lots nearby. The Telephone Building features the 12' high ceilings, plenty of natural light, and exposed brick you would expect in classic downtown architecture. Large windows, side and rear alley access, and a rear loading dock lend themselves to an ideal spot for a unique restaurant, salon/spa, convenience market, storefront retail, event venue, coffee house, or a host of other businesses. The open spaces provide a blank canvas for one or more vendors, as the ground floor is already naturally divided into 3 areas (1,518sqft, 2,310sqft, 3,873sqft) and could be subdivided further. The total commercial space available equals 7,701sqft. Leases start at $9/sqft as-is. Lessee(s)/Lessee's Agent to verify all information.

Expand All Available Space

Suite: 101 7,701 SF $9 - 13 PSF (Annual) Net Lease,NN,Other
Level/Floor: Ground
Space Available: 7,701 SF
Minimum Divisible: 1,000 SF
Lease Rate: $9 - 13 PSF (Annual)
$5,775 - 8,342 (Monthly)
Lease Type: Net Lease,NN,Other
Space Subcategory: Flex Space, Mixed Use
Date Available: 1/28/2022
Space Type: New

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Tax ID/APN: 046P B 4200
Zoning: B2
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Commerce Street block between Main Street and E Market Street, Kingsport
Property Visibility: Good
Largest Nearby Street: Main Street
Area Description: Ample free parking is located within walking distance.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1937
Year Renovated: 2021
Construction/Siding: Brick
Parking Type: Other
Parking Description: Street parking; public parking lots
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,861 36,859 67,781
Median Age: 39.64 43.38 43.63
Households: 2,633 16,498 29,709

Contact

Photograph of Listing Agent

Michael E. Green, CCIM MAI SIOR

Century 21 Legacy
NETAR CMLS Member
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