$435,000
Johnson City, TN 37601
MLS# 9975650
2600 sqft

1 / 8
Property Description
Building is located in a high traffic area with 18 asphalt parking spaces. Three exterior entrances allow direct access to the interior spaces. The investment potential is solid with little to no vacancy. Currently all units are leased with 3 having options to renew at increased cost. The flexible office spaces provide tenants the opportunity to design their spaces for maximum income potential. The contemporary updates inside give a spacious decor for businesses. The current monthly income is approximately $4,800. The upstairs area is in the process of being remodeled. The beautiful beams and tongue and groove ceilings enhance each unit. Many types of businesses will thrive in this spot, as they have for years The exterior is cedar and stone, roof is newer. Heating and cooling is via split units in each space for a more comfortable, efficient, individual temperature control. There is handicap access, security system, smoke detectors, exterior lighting, and more. Some areas need finishing, but most move in ready. The location is in an excellent high traffic area near other retail shops, schools, restaurants, and walking distance to downtown Johnson City, easy access to I-26. Buyer/Buyer's Agent to verify all information.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 046k E 023.00
Deed Book #: 1048
Deed Page #: 2838
City Taxes: 1130.98
County Taxes: 1228.08
Contract Info
List Price/SqFt: 167.31
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 435000
Current Price: $435,000
Listing Date: 2025-01-31
General Property Description
Road Frontage Length: 160
Acres: 0.18
Lease: Yes
Lot Size: 160 x 50
Zoning: B4
HOA Y/N: No
Total SqFt Finished: 2600
Total SqFt Unfinished: 0
# Parking Spaces: 18
# Restrooms: 2
Annual Lease $: 52000
$ Lease/SqFt: 20
Year Built: 1958
Total SqFt: 2600
Remarks & Misc
Public Remarks: Building is located in a high traffic area with 18 asphalt parking spaces. Three exterior entrances allow direct access to the interior spaces. The investment potential is solid with little to no vacancy. Currently all units are leased with 3 having options to renew at increased cost. The flexible office spaces provide tenants the opportunity to design their spaces for maximum income potential.
The contemporary updates inside give a spacious decor for businesses. The current monthly income is approximately $4,800. The upstairs area is in the process of being remodeled. The beautiful beams and tongue and groove ceilings enhance each unit. Many types of businesses will thrive in this spot, as they have for years The exterior is cedar and stone, roof is newer. Heating and cooling is via split units in each space for a more comfortable, efficient, individual temperature control. There is handicap access, security system, smoke detectors, exterior lighting, and more. Some areas need finishing, but most move in ready. The location is in an excellent high traffic area near other retail shops, schools, restaurants, and walking distance to downtown Johnson City, easy access to I-26. Buyer/Buyer's Agent to verify all information.
Directions: From I-26, exit Watauga/Unaka. RIGHT on Watauga. At stop light intersection with N. Road Street, turn RIGHT. Building on LEFT.
Property Condition
Average: 1
Business Type
Professional/Office: 1
Retail: 1
Exterior Finish
Other: 1
See Remarks: 1
Other Equipment
Dumpster: 1
Exterior Lights: 1
Fire Alarm: 1
Free Standing: 1
Handicap Access: 1
Handicap Facilities: 1
Pole Sign: 1
Security System: 1
Smoke Detector(s): 1
Roof
Composition: 1
Rubber: 1
Road Access
City Street: 1
Electric Service
220 Volts: 1
Development Status
Cleared: 1
Infrastructure In: 1
Heating
See Remarks: 1
Info Available
Floor Plan: 1
Plat: 1
AC
See Remarks: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Available: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
Right of Way: 1
Easements
Power Line: 1
Rec. Right of Way: 1
Financing
Cash: 1
Indiv/Seller Financing: 1
Existing Finance
None: 1
Sale Includes
Business Only: 1
Location Tax Legal Info
Street #: 1001
St Direction: North
Street Name: Roan
St Suffix: Street
County: Washington
State/Province: TN
Zip Code: 37601
Area: 301 - NW Johnson City
Subdivision: Not In Subdivision
Property Features
Property Condition: Average
Business Type: Professional/Office; Retail
Exterior Finish: Other; See Remarks
Other Equipment: Dumpster; Exterior Lights; Fire Alarm; Free Standing; Handicap Access; Handicap Facilities; Pole Sign; Security System; Smoke Detector(s)
Roof: Composition; Rubber
Electric Service: 220 Volts
Development Status: Cleared; Infrastructure In
Heating: See Remarks
AC: See Remarks
Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Available
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: Floor Plan; Plat
Restrictions: Right of Way
Easements: Power Line; Rec. Right of Way
Financing: Cash; Indiv/Seller Financing
Existing Finance: None
Sale Includes: Business Only
Listing Office: Exit Realty Tri-Cities
Last Updated: December - 11 - 2025
Information deemed reliable but not guaranteed.