N. State of Franklin Bank Building

Office for Sale
Catylist Listing ID: 30324859
Property Subtypes: Office Building, Other
Building Size (RSF): 3,012 SF
Gross Land Area: 0.40 Acres
Sale Price: $900,000
Unit Price: $298.80 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User, Business
Building Name: Former Capital Bank Branch
Class of Space: Class A
Usable Size (USF): 3,012 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/13/2018

Overview / Comments

Located directly in front of Johnson City's first Publix grocery store, this bank branch is highly visible and easily accessible. This is the most heavily traveled intersection in the Tri-Cities. Modern building has a 3-lane drive-up canopy which totals an additional 745 sf.

Very functional for any financial services operation including bank, credit union, check cashing, or other. Great opportunity for insurance, brokerage, jewelry store, cell phone store or other convenience-oriented office/service use.

Additional Details

Nearest MSA: Johnson City
County: Washington
Taxing Authority: Washington County
Tax ID/APN: 054A B 011.07
Zoning: B-4
Property Located Between: Just off West Market at State of Franklin Road
Property Visibility: Excellent
Highway Access: Just off 5-lane Market Street, fronting 5-lane State of Franklin. Distance to I-26 is 10 minutes travel time.
Airports: TCRA
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1996
Roof Type: Hip
Construction/Siding: Brick
Parking Ratio: 51 (per 1000 SF)
Parking Type: Surface
Parking Description: Some parking on-site but cross parking agreement with surrounding s/c.
Total Parking Spaces: 30
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, DSL, Satellite, Other
Interior Description: This building has a functional layout with 4 private offices, teller line, break-room, and 2 restrooms. Vault and lockboxes will remain.
Lot Frontage: 200
Lot Depth: 130
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Cross parking and access with adjoining S/C.
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,369 44,556 78,360
Median Age: 33.29 38.34 39.06
Households: 2,399 19,184 33,683


Photograph of Listing Agent

Michael E. Green, CCIM MAI SIOR

Green Commercial Realty,Inc. NETAR CMLS Member
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