Former JC Penney Downtown

Retail-Commercial for Sale
Also listed as Office, Special Purpose
Catylist Listing ID: 30321084
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 34,100 SF
Gross Building Area: See Agent
Sale Price: $621,500
Unit Price: $18.23 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/29/2018

Overview / Comments

Former JC Penney is available for sale on East Main Street in Downtown Johnson City. The building is sprinklered and features a new roof, 4 levels, including a basement and mezzanine, and entrances on East Main Street and East Market Street. The property is just off I-26, exit 23, and is approx. 1.5 miles from East Tennessee State University.

From I-26: Take exit 23, then travel west on East Market Street. Turn left onto South Roan Street, then left again onto East Main Street. Subject is the second building on the left.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 046M G 002.00
Zoning: B2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Good
Largest Nearby Street: E Main Street
Feet of Frontage: 66
Traffic/Vehicle Count: 6,663
Highway Access: I-26
Airports: Tri Cities Regional Airport
Total Number of Buildings: 1
Number of Stories: 4
Parking Type: Surface
Sprinklers: Wet

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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

Contact

Photograph of Listing Agent

Shannon K. Castillo

Mitch Cox, Realtor, Inc. NETAR CMLS Member
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