Property Description

Opportunities like this don't come around often--this is a true multi-use investment package in one of Kingsport's highest visibility corridors. Situated on the corner of Memorial Blvd and Clover Street, this property includes a historic home, an 8-unit motel, office space, and two additional level lots, all being sold together.Zoned B-3 (commercial) and R-1 (residential), the flexibility here is unmatched. Whether you're looking to restore, redevelop, create income-producing rentals, or launch a completely new concept, the potential is wide open.The main home at 3209 Memorial Blvd offers just under 3,000 square feet and dates back to 1900, full of character and ready for its next chapter. The adjacent property at 3205 Memorial Blvd includes an 8-unit motel setup with office space--ideal for renovation, short-term rental concepts, or business use.Additional parcels on Clover Street (Lots 14 & 15) provide even more room for expansion, parking, or future development.Located in a high-traffic area just off East Center Street, this property is minutes from Kingsport Town Center, Food City, schools, medical facilities, and J.B. Dennis Highway--making it a strategic location for both residential and commercial use.Investor, entrepreneur, or visionary--this is your chance to bring something special to life in the heart of Kingsport. Or if you have ever dreamed of their own version of the ''Rosebud Motel'' from Schitt's Creek--this might just be your moment. Sold as-is.Being sold as a package including parcels: 062H H 001.00 (house + motel/office) and Clover St Lots 14 & 15 (062H H 010.00 & 062H H 011.00). Zoned B-3 and R-1.

Property Features