Downtown Investment Property

Retail-Commercial for Sale
Also listed as Office, Multi-Family
Catylist Listing ID: 30153883
Property Subtypes: Street Retail, Other
Building Size (RSF): 6,684 SF
Gross Building Area: See Agent
Sale Price: $785,000
Unit Price: $117.44 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/14/2017

Overview / Comments

Fully-leased 2-story building is available for sale at the lighted intersection of E Main St and S Roan St in Downtown Johnson City. Tenants include Johnson City Brewing Co., Keith Dixon Photography, Faces by Ren, Life Expressions Photography, Taste Budz, and 4 residential apartments upstairs. The building also includes an unfinished basement. Great investment opportunity!

From I-26: Take exit 23, then travel southwest on E Market St. Turn left onto S Roan St. Subject will be on the right immediately.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 046M E 001.00
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Good
Largest Nearby Street: E Main St
Feet of Frontage: 305
Traffic/Vehicle Count: 6,663
Highway Access: I-26
Airports: Tri Cities Regional Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1907
Construction/Siding: Brick
Parking Type: Surface
Parking Description: On-street parking and public parking lots nearby
Lot Frontage: 30.5
Lot Depth: 160.6

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,475 48,725 76,535
Median Age: 35.23 37.53 38.33
Households: 4,329 21,044 32,842

Contact

Photograph of Listing Agent

Shannon K. Castillo

Mitch Cox, Realtor, Inc. NETAR CMLS Member
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