2908 E. Oakland Ave

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30284923
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Status: Pending
Building Size (RSF): 12,215 SF
Gross Building Area: See Agent
Gross Land Area: 1.60 SF
Sale Price: $900,000
Unit Price: $73.68 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/15/2018

Overview / Comments

Corner Property location in N. Johnson City with over 300 Feet of road frontage on E. Oakland Ave. This is the Allen Carpets location, which has been in business many years and achieved great success. Approximately 11,000 cars/day traveling E. Oakland and over 25,000 cars/day on the Bristol Hwy, which is within sight of the Property. Other businesses within a block include, Grand Furniture, Toyota of Johnson City, Advance Auto Parts and Food Lion.

The building lends itself to a single tenant or as many as four tenants. There is warehouse space as well as covered space for dry storage.

There is currently one Tenant in the building occupying a small portion of the space. The Tenant pays approximately $2,400/month.

Seller is willing to owner finance.

Additional Details

Nearest MSA: Johnson City
County: Washington
Zoning: B4
Tenancy: Multiple Tenants

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,887 33,073 84,868
Median Age: 45.42 42.26 38.9
Households: 2,002 14,706 36,262
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