Downtown Johnson City Building, 24,000 sq. ft. Retail/Commercial Space

Retail-Commercial for Sale
Catylist Listing ID: 30777644
Property Subtypes: Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 24,382 SF
Gross Building Area: 29,857 SF
Sale Price: $599,900
Unit Price: $24.60 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: Tennessee Flag Company Building
Sale Terms: Cash to Seller
Last Updated: 4/27/2022

Overview / Comments

A great building with endless possibilities for development. The building has a nice store front on E Main and a really nice large finished apartment near the main entrance (see photographs) and a private rooftop patio. The property was originally a furniture store and was then converted to light commercial manufacturing as TN Flag Company. This location is great with signicant retail and residential development taking place near this building. The building is easily accessible to public parking.

From I-26 take exit 23, then travel west on Market St and take 2nd left onto S Roan St, then left onto E Main. The building is on the right.

Additional Details

Nearest MSA: Johnson City
County: Washington
Taxing Authority: Washington County/Johnson City
Tax ID/APN: 090 046M G 02300 000 2020
Zoning: B-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: The King's Center and WJHL TV studio
Property Visibility: Excellent
Largest Nearby Street: E Main Street
Feet of Frontage: 75
Traffic/Vehicle Count: 7,072
Highway Access: I-26 exit 23 and the property is 3 blocks away
Airports: Tri-Cities Regional Airport
Area Description: The downtown Johnson City area is vibrant and growing with residential, restaurants, breweries, bars, retail and businesses.
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Year Built: 1967
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Display windows fronting E Main Street
Parking Type: Surface
Parking Description: The private parking lot in rear of the building is not part of the sale. There are two large public lots nearby and parking on the street
Sprinklers: None
Heat Type: Natural Gas
Interior Description: A portion of the interior is finished and could be used as retail space, but most of the building is unfinished warehouse type space.
Zoning Description: B2
Lot Frontage: 75 feet
Lot Depth: 155 feet
Water Service: Municipal
Sewer Type: Municipal

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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

Eric Barnes

The Wilson Agency NETAR CMLS Member
Photograph of Listing Agent

Jacque Lowe

The Wilson Agency NETAR CMLS Member
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