Boones Creek School, Roan St.

Retail-Commercial for Sale
Catylist Listing ID: 30566347
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related, Other
Building Size (RSF): 49,361 SF
Gross Building Area: See Agent
Gross Land Area: 12 Acres
Sale Price: $1,800,000
Unit Price: $36.47 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/3/2020

Overview / Comments

Excellent location in the heart of Boones Creek, known for high growth, strong demographics and desired by both commercial and residential users. The property previously served as a middle school for Washington County. Originally built in 1939 and has many great characteristics throughout. The demographics are among the highest income earners and densely populated areas within all of the Tri-Cities. With a little foresight or creative ingenuity the property could be converted into an exciting development. A medical office, professional offices, senior living apartments, mixed use facility, corporate offices, etc...are all potential redesigns.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 090021 09600
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Carroll Creek Rd and Boones Creek Rd
Property Visibility: Excellent
Largest Nearby Street: N. Roan St.
Feet of Frontage: 670
Airports: within 15 min
Property Condition: Fair
Year Built: 1939
Passenger Elevators: 1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,722 22,141 66,578
Median Age: 40.46 42.5 41.04
Households: 1,990 9,607 28,931

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