503 Princeton Rd.

Shopping Center for Sale
Catylist Listing ID: 30211380
Property Subtypes: Community Center, Fashion/Specialty, Free-Standing Store, Grocery-Anchored, Mixed Use, Neighborhood Center, Outlet Center, Strip Center, Other
Building Size (RSF): 9,222 SF
Gross Building Area: See Agent
Gross Land Area: 1.11 - 1.40 Acres
Sale Price: $949,000
Unit Price: $102.91 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/13/2019

Overview / Comments

Commercial Brick Buildings. Two commercial zoned buildings totaling 5000 sq. ft. a total acreage of 1.56 ac brick retail space, built in 1996. Excellent parking, with room to develop an additional third plaza in back. Central commercial location for North Johnson City. This property is situated with over 250' of road frontage on Princeton Rd in Johnson City, TN. The Plazas are located on a prominent commercial corridor connecting North Roan St and Oakland Ave. Close to interstate 26. High Traffic road with professional buildings on Princeton make this a great opportunity.
Parcel ID: 038B B 044.05,
Parcel ID: 038B B 044.04
Parcel ID: 038B B 044.03 are included.
Zoning MS-1 Buyer/Buyer's agent to verify all information.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 090038B B 04401
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: North Roan and Oakland
Property Visibility: Excellent
Largest Nearby Street: North Roan Street
Feet of Frontage: 250
Site Description: Flat Lot
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Year Built: 1995
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Large asphalt lot
Zoning Description: Zoning MS-1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,238 41,077 84,565
Median Age: 43.65 41.26 38.79
Households: 2,093 18,495 35,872


Photograph of Listing Agent

Hunter Morrow

Keller Williams NETAR CMLS Member
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