Urban Lofts, Boutique Hotel & Signature Rooftop Bar with Elevator

Investment Overview

Prime Downtown Kingsport Redevelopment Opportunity Originally constructed in 1927 as the First National Bank of Kingsport, this iconic 26,100± SF historic landmark offers three stories plus a historic cellar and an expansive rooftop deck, creating one of the most distinctive redevelopment opportunities in Downtown Kingsport. Featuring an elegant marble and limestone facade, exposed brick interiors, soaring ceilings, original architectural details, an intact bank vault, passenger elevator, and prime Opportunity Zone location, the property presents exceptional potential for adaptive reuse as mixed-use, hospitality, residential, office, entertainment, or retail. What truly sets this offering apart is the opportunity to combine the property with neighboring downtown buildings under common ownership, allowing developers to create an entire walkable hospitality district. Rather than redeveloping a single building, investors have the rare opportunity to assemble multiple historic structures into a cohesive destination featuring boutique lodging, urban lofts, restaurants, entertainment venues, rooftop experiences, retail, and other complementary hospitality uses in the heart of Downtown Kingsport. Few downtown redevelopment opportunities offer the ability to create an entire destination rather than simply renovating a single building. This building can be extended up another three stories taller. Boutique Hotel & Hospitality Destination The property's historic architecture naturally lends itself to a boutique hotel or lifestyle hospitality concept featuring luxury guest rooms, rooftop dining, a cellar cocktail lounge, event facilities, and vibrant street-level food and beverage offerings. The opportunity becomes even more compelling when combined with neighboring buildings under common ownership. Together, the properties provide the scale necessary to develop a true walkable hospitality district featuring boutique accommodations, multiple restaurant concepts, entertainment venues, rooftop experiences, retail, and public gathering spaces —creating a destination unlike anything else in the Tri-Cities region. Urban Loft Redevelopment Upper floors can be transformed into approximately 15–17+ luxury urban loft residences, capitalizing on growing demand for downtown living. Historic architectural details, exposed brick, oversized windows, and high ceilings create the authentic character today's residents seek. Mixed-Use Development Developers can combine street-level retail or restaurants with residential, office, hotel, or entertainment uses above, creating multiple revenue streams while contributing to Downtown Kingsport's continued revitalization. Office & Creative Workspace The flexible floor plans support executive offices, law firms, financial institutions, technology companies, creative agencies, medical professionals, or collaborative co-working environments. The event center and rooftop provide premium amenities rarely found in downtown office properties. Hospitality & Entertainment The building naturally supports: Destination restaurant, brewery or distillery, rooftop restaurant, cocktail lounge, speakeasy, private club, entertainment venue, wine bar, tasting room, and event venue Brickyard Village — a 50-acre master-planned community currently underway, within walking distance of Downtown. Adaptive reuse projects, on average, come in 16% less expensive and 18% faster than ground-up construction — and often deliver 10–15% higher ROI (Deloitte Report). Deals actually pencil. When you buy a stabilized asset, ask yourself: who's capturing the upside—you or the developer cashing out? Acquiring vacant or underutilized properties and executing a heavy value-add or adaptive reuse strategy lets you create the value instead of paying for someone else's margin. 1.2 Million Population Within a 60-Mile Radius Great Smoky Mountains National Park = 12.5mm annual visitors Entire Pigeon Forge area sees 21mm+ annual visitors

Investment Highlights

• Turnkey Event Center
• The second-floor event venue features a commercial kitchen, beautiful arched windows, abundant natural light, and impressive downtown views. The space is immediately suitable for weddings, corporate events, private functions, conferences, or hospitality expansion.
• Historic Cellar
• Rather than a traditional basement, the property features a character-rich historic cellar complete with elevator access and the original bank vault. The space is perfectly suited for a signature hospitality concept including a speakeasy, craft cocktail lounge, whiskey bar, wine cellar, tasting room, cigar lounge, private club, or exclusive event venue.
• Rooftop Deck
• One of Downtown Kingsport's premier rooftop opportunities, the expansive rooftop offers panoramic city views and tremendous potential for a rooftop restaurant, cocktail bar, lounge, event venue, or private hospitality space.
• Upper Floors
• Large open floor plates, abundant natural light, exposed brick, and high ceilings create an ideal environment for luxury loft apartments, boutique hotel rooms, executive offices, creative workspaces, or mixed-use redevelopment.
• Fully sprinklered building with fire sprinkler system throughout.