Walnut Street Former Bank Building

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30777890
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 2,578 SF
Gross Building Area: See Agent
Sale Price: $425,000
Unit Price: $164.86 PSF
In Opportunity Zone? Yes
Has Drive-Thru? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2022

Overview / Comments

Former bank building is available for sale on W Walnut Street at the intersection of Campbell Street. The building features 4 drive-thru lanes, spacious parking lot and 2 pylon signs - one of which is visible from W State of Franklin Road. The property is located less than a block away from the Model Mill redevelopment site, 0.7 miles from I-26, exit 23, 1 mile from ETSU and is within walking distance to Downtown Johnson City.

From I-26: Take exit 23, then travel west on E Market Street. At the first traffic light, turn left onto S Roan Street. In 0.2 miles, turn right onto W Walnut Street. Subject will be on the right in 0.4 miles, at the intersection of Campbell Street.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 090054C J 02800
Zoning: WWD
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Good
Largest Nearby Street: W State of Franklin Rd
Traffic/Vehicle Count: 17,059
Highway Access: I-26
Airports: Tri Cities Regional Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1966
Parking Type: Surface
Zoning Description: West Walnut District
Lot Frontage: 203
Lot Depth: 145
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,166 47,529 77,000
Median Age: 31.91 37.2 38.7
Households: 3,976 20,653 33,036

Contact

Photograph of Listing Agent

Shannon K. Castillo

Mitch Cox, Realtor, Inc. NETAR CMLS Member
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