REDUCED! Vacant North Johnson City Restaurant Building

Retail-Commercial for Sale
Catylist Listing ID: 30430893
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant
Building Size (RSF): 5,906 SF
Gross Building Area: See Agent
Gross Land Area: 1.05 Acres
Sale Price: $1,350,000
Unit Price: $228.58 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/13/2021

Overview / Comments

Restaurant building is available for sale at the intersection of Knob Creek Road and Marketplace Boulevard in North Johnson City. The site shares a traffic light with Kohls and Lowe's in a high-density retail district proximal to the Med-Tech corridor. The property includes 90 parking spaces and 2 highly-visible pylon signs.

From I-26: Take exit 19, then travel southwest on N State of Franklin Road. In approx. 1 mile, turn right onto Knob Creek Road. Subject will be on the left at the traffic light at the intersection of Marketplace Blvd.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 037N A 002.00
Zoning: B4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Good
Largest Nearby Street: N State of Franklin Road
Traffic/Vehicle Count: 27,137
Highway Access: I-26
Airports: Tri Cities Regional Airport
Area Description: City plans to widen and extend Knob Creek Road to Boones Creek Road
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1999
Construction/Siding: Brick
Total Parking Spaces: 90
Parking Type: Surface
Parking Description: 90 parking spaces

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,761 37,652 83,076
Median Age: 47.95 41.42 38.99
Households: 1,752 15,653 35,361


Photograph of Listing Agent

Marc Murphy, CCIM

Mitch Cox Realtor, Inc. NETAR CMLS Member
Photograph of Listing Agent

John Speropulos, CCIM, SIOR

Mitch Cox Realtor, Inc. NETAR CMLS Member
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