The Charles

Retail-Commercial for Sale
Catylist Listing ID: 30340974
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 14,000 SF
Gross Building Area: See Agent
Sale Price: $500,000
Unit Price: $35.71 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/12/2018

Overview / Comments

THE ONLY MOVE IN READY BUILDING IN DOWNTOWN The Charles building. Holidays Floral and Gifts 1890s building with a 1937 front 2 Main St. entrances. Retractable awning. 3 sidewalk display windows with electricity. from Factory. Light fixtures purchased from American Lighting 2007,10 ton HVAC system installed for top floor by Fugate HVAC 2007, Steel fire door installed to comply with city code and as secondary fire escape in 2007, Lower roof patched and repaired in 2007 Ground Floor: Original hardwoods and tin ceiling tiles The restrooms (handicap accessible)-2007. Transom windows, the front gallery was rewired and chandeliers installed- 2013. Two HVAC unit systems -2017, ground floor could be subdivided. A partial kitchen remains: walk-in cooler room with insulated floor. 43-46 degrees. Balcony/Mezzanine level has 2rooms, half restroom plumbed for a shower. Hardwoods under the flooring. 2nd floor:Top floor electric service added by Wallace Electric, power service run separately to top floor to a separate service panel. Hardwoods. 8 street front floor to ceiling windows. Roof: walk out access to roof could be suitable for private gatherings. An intact tar and gravel roof covered with foam board insulation, a $17,390 Duro-Last Roof system - LaFerney-2007 includes a 15 yr no dollar limit factory warranty on material and labor. Also a $12,000,000 product liability Insurance Policy. Serious, prequalified inquiries only. Commercial appraisal available for buyer review.

Additional Details

Nearest MSA: Johnson City
County: Washington
Retail Clientele: General, Family, Business, Tourist
Property Located Between: S. Roan Street and Colonial Way. 2 Blocks from I-26
Property Visibility: Excellent
Largest Nearby Street: State of Franklin Road
Highway Access: I - 26
Airports: Tri Cities Regional
Site Description: Main Street in Downtown Johnson City
Area Description: Historical Zoning in a highly aggressive redeveloping downtown.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 25
Typical SF / Floor: 5,500 SF
Property Condition: Good
Year Built: 1890
Year Renovated: 1939
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: 3 large window displays front Main Street sidewalk. Situated between The Kings Centre and The Flag Company. Rear door access via City alley.
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Interior Description: Original tin ceilings, 2 handicap accessible bathrooms each with 2 toilets, spacious mezzanine area with half bath and plumbed for shower. Hardwood floors,

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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


Photograph of Listing Agent

Eva Hunter

The Wilson Agency NETAR CMLS Member
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