Johnson City Commercial Buildings

Industrial for Sale
Catylist Listing ID: 30810935
Property Subtypes: Industrial-Business Park, Manufacturing, Mixed Use, Warehouse/Distribution
Building Size (RSF): 15,712 SF
Gross Building Area: See Agent
Sale Price: $495,000
Unit Price: $31.50 PSF
Drive In Bays: 10 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2022

Overview / Comments

Two properties for the price of one! Looking for commercial investment in the heart of Johnson City? Don't miss this one! Situated on 1.8 acres, and boasting a combined 15,000+ sqft of commercial space; this property is zoned I-2 and features a total of 6 rentable units! The shopping plaza offers 5 suites with the potential to separate or combine multiple suites, this building could accommodate for retail, medical, storage, professional space, and so much more! In the back of the property, you will also find a trucking terminal warehouse with 10 loading docks, 14' eave height, 6'' concrete, and multiple offices along with a restroom area! Offering $3300+ in monthly income, and lots of room to increase rent; this property is a diamond in the rough to the investor looking for a value add opportunity! Priced to sell at $31.50/ft; this property will not last long at $495k. Call today to schedule your appointment! Please see the listing agent for environmental information regarding tanks that were removed from the property. Additionally, please see the listing agent for further information on lease terms. All information contained herein is gathered from tax records and homeowner and is subject to buyers and buyers agent verification.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 090 054M B 04200 000 2020
Property Located Between: Johnson City and Elizabethton
Highway Access: Close to I-26
Total Number of Buildings: 4
Number of Stories: 1
Property Condition: Good
Year Built: 1967
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Electricity
Heat Source: Heat Pump
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 054m B 042.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,602 40,199 72,175
Median Age: 29.66 35.48 38.54
Households: 2,320 17,189 31,054

Contact

Photograph of Listing Agent

Garrett Addington

The Addington Agency
NETAR CMLS Member
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