Johnson City Unique Live/ Work Property - 5,000 SF +/-

Special Purpose for Sale
Catylist Listing ID: 30401949
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.24 Acres
Sale Price: $127,500
Ceiling: 15 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/5/2019

Overview / Comments

Just Reduced !!! Motivated Seller !!!! Owner financing possible with 25% down!!! This unique building was constructed in the 1930's and 1940's for a wholesale supply use. The building comprises nearly 4,600 SF +/- , with an additional 400 SF +/- of loft space. Floor area is divided into three distinct sections. The interior is essentially shell space with large open rooms and ceiling heights reaching 15', so a variety of possibilities exist for design and finish. This building is in need of exterior cosmetic updates and interior renovation, its offered for sale "As Is".

This property is ideal for a craftsman, artisan, musician, or any other creative entrepreneur looking to live and work in the same location. The subject's R-4 zoning will actually allow up to 3-units in this building, each of which could be configured to allow tenants the opportunity to live/work in their unit, or use the extra space for storage.

This property features a large 70' X 150' lot, with mature trees, green space, an outdoor patio, and ample parking area at both the front and rear of the building. The property is located along Earl Court, just off E. Unaka Avenue. This central location allows a short drive to the Downtown Johnson City district, ETSU, and the VA, as well as destinations in North Johnson City. Neighboring uses are a mix of single-family, duplex, and small apartment complexes. This is a quaint urban neighborhood where you can walk your dogs or jog to one of the nearby City parks. Tannery Knobs, the Tweetsie Trail, Cardinal Park, and the City Community Center are also located a short drive away.

Additional Details

Nearest MSA: Johnson City
County: Washington
Taxing Authority: Washington County TN
Tax ID/APN: Map 038M Group E Parcel 025.00
Zoning: R-4, MEDIUM DENSITY RESIDENTIAL
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1930
Construction/Siding: Other
Exterior Description: Main portion is log construction and brick, remainder is masonry block
Parking Type: Surface
Parking Description: Adequate parking area at front and rear of building
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Lot Frontage: 70
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,970 43,077 80,072
Median Age: 42.03 38.49 38.43
Households: 2,628 18,555 34,300

Contact

Photograph of Listing Agent

Josh Gouge

Green Commercial Realty, Inc.
NETAR CMLS Member
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