Former Bank Building - Corner of Watauga & Broadway

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30399641
Property Subtypes: Institutional, Office Building, Other
Building Size (RSF): 1,925 SF
Gross Building Area: See Agent
Gross Land Area: 0.50 Acres
Sale Price: $260,000
Unit Price: $135.06 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/13/2019

Overview / Comments

Former bank building is available for sale or lease at the lighted intersection of N Broadway Street and E Watauga Ave. This half-acre site is located next to Walgreens and is proximal to Carnegie Park, Lions Park, Civitan Park, Rotary Park, Johnson City Country Club and Dawn of Hope. The property is less than a mile off I-26 and is on the Johnson City Transit bus route in an under-served residential neighborhood. This site could be occupied by a bank as-is or it could be an excellent redevelopment opportunity for a retail, restaurant or office user.

From I-26: Take exit 22, then turn right onto E Watauga Ave. Subject will be on the left in approx. 0.8 miles, next to Walgreens.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 046D K 010.00
Zoning: B4
Property Visibility: Good
Highway Access: I-26
Airports: Tri Cities Regional Airport
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1969
Construction/Siding: Brick
Exterior Description: Has drive-thru
Parking Type: Surface
Parking Description: Spacious parking lot

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,359 48,010 78,205
Median Age: 39.46 37.26 38.38
Households: 4,935 20,845 33,518


Photograph of Listing Agent

Shannon K. Castillo

Mitch Cox, Realtor, Inc. NETAR CMLS Member
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