215 & 223 Commerce Street

For Lease

215-223 Commerce Street, Kingsport, TN 37660

You can currently find 2 retail space(s) available for lease at 215 & 223 Commerce Street. Designated use type for space listed here includes flex - industrial and creative office. Current retail listings at this property total 10,750 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 215 & 223 Commerce Street.

Space Available For Lease 2

Contacts

Carson Lee Jones

eXp Commercial

Property Details

  • Property Type Retail - Street Retail
  • Property Size 17,750 SF
  • Units 4
  • Lot Size 0.4 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1933
  • Date Updated May 15, 2026
215 & 223 Commerce Street is one of Downtown Kingsport’s most distinctive commercial assets — approximately 17,750 square feet of flexible space contained within a single building yet operating under two separate street addresses. That multi-address configuration is genuinely rare for the market: it gives an owner the footprint of a larger facility while preserving the option to operate, brand, or sub-lease as multiple distinct storefronts and suites under one roof. The building is 100% occupied across four tenants — a tavern with a full commercial kitchen, a craft distillery, a high-end fitness operator, a destination retail concept, and a supplemental storefront. Two leases are intentionally short-term, letting a buyer underwrite a stabilized, in-place rent roll from day one and step into those spaces as the leases roll — capturing income today while retaining full control of the building going forward. Inside the building, the prior food-and-beverage build-out is the standout asset. Anchor tenant Ole Crow Tavern has invested approximately $500,000 in a fully upgraded commercial kitchen and bar build-out — hood system, line equipment, finishes, and front-of-house infrastructure all in place. That level of turnkey F&B infrastructure would be cost-prohibitive for a buyer to replicate from scratch and gives the next operator (or the next tenant) an immediate, move-in-ready restaurant platform. On the 223 Commerce side, the gym space features industrial-size overhead doors — an unusual and valuable feature in a downtown building. Those doors make the space readily convertible to a wide range of higher-clearance, drive-in, or load-in/load-out uses: a supply company, contractor showroom with stock area, plumbing/HVAC/electrical distributor, flooring or window/door showroom, light fabrication, or commercial service operator who needs to roll trucks or material directly into the building. Few Downtown Kingsport spaces can accommodate that kind of operation The property sits inside the City of Kingsport’s Central Business District — which is simultaneously a TIF District, a PILOT District, a federally designated Qualified Opportunity Zone, and part of the Tennessee Main Street program — placing it inside the boundary eligible for the City’s Façade Grant Program, Redevelopment Grant Program, and Downtown Kingsport Loan Program. Qualified Opportunity Zone designation additionally allows qualifying investors to defer capital gains, reduce the tax on those gains, and grow their Opportunity Zone investment capital-gains-tax-free, with no depreciation recapture, after a 10-year hold.
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Getting around

  • 76/100

    Walk Score ®

  • 21/100

    Transit Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Kingsport, TN
  • Neighborhood Kingsport Downtown
  • Zip Code 37660

Points of Interest

  • Shell

    1.01 miles

  • Walmart

    1.19 miles

  • Conoco

    1.26 miles

  • Sunoco

    2.12 miles

  • Exxon

    2.33 miles

  • Shell Express

    2.41 miles

  • Kroger

    2.50 miles

  • Murphy USA

    2.64 miles

  • Netherland Inn Parking

    2.00 miles

  • Truck parking

    4.37 miles

  • Car parking

    4.38 miles

  • Macado's Kingsport

    0.11 miles

  • The Bagel Exchange

    0.11 miles

  • stirfry cafe

    0.13 miles

  • The Main Street Pizza Company

    0.15 miles

  • Chef's Pizzeria

    0.25 miles

  • Center Street Grill & Smokehouse

    0.25 miles

  • Pal's

    0.30 miles

  • Burger King

    0.42 miles

  • Subway

    0.56 miles

  • Beef O'Brady's

    0.56 miles

  • Food City

    0.57 miles

  • Walmart Neighborhood Market

    1.27 miles

  • Asian Market

    2.00 miles

  • TJ Maxx

    2.36 miles

  • Ross

    2.37 miles

  • Kroger

    2.41 miles

  • Jennings Plaza

    2.41 miles

  • Fort Henry Mall

    2.48 miles

  • Walmart Supercenter

    2.59 miles

  • Target

    3.60 miles

215-223 Commerce Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 215 & 223 Commerce Street asks $16.00/SF/YR per square foot.

  • The property includes 10,750 square feet of retail space for lease. Of this total, 6,500 square feet are Flex - Industrial, 4,250 square feet are Creative Office.

    Lease agreement conditions for the availability at this property include NNN.

    In addition to retail space, the property also includes 1 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Kingsport Downtown is 44. The average household income here is $49,191 per year.

Contact Listing Broker
Carson Lee Jones

eXp Commercial

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