$650,000
Jonesborough, TN 37659
MLS# 9949320
Status: Active Under Contract
7980 sqft
1 / 8
Property Description
Spacious commercial building with 4 units each with a long term tenant in place. 104 feet of road frontage along E Jackson Blvd offers great visibility. Current leases bring in $63,600 in gross annual income. New roof just installed to approximately 60% of the building in 2022 after listing began.
Details
Maps
Location, Tax & Legal Info
Street #: 1003
St Direction: East
Street Name: Jackson
St Suffix: Boulevard
County: Washington
State/Province: TN
Zip Code: 37659
Area: 309 - Jonesborough/The Ridges Subdiv
Deed Book #: 685
Deed Page #: 181
Parcel ID: 052k A 027.01
City Taxes: 2341.44
County Taxes: 4195.08
Contract Info
Status: Active Under Contract
Listing Price: 650000
Current Price: $650,000
List Price/SqFt: 81.45
Listing Date: 2023-03-11
Buyer Broker: Yes
Buyer Broker Comm: 4
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lease: No
Lot Size: 104 x 201 IRR
Zoning: Commercial
Year Built: 1960
Total SqFt: 7980
Total SqFt Finished: 7980
HOA Y/N: No
Road Frontage Length: 104
Annual Lease $: 63600
Remarks & Misc
Public Remarks: Spacious commercial building with 4 units each with a long term tenant in place. 104 feet of road frontage along E Jackson Blvd offers great visibility. Current leases bring in $63,600 in gross annual income. New roof just installed to approximately 60% of the building in 2022 after listing began.
Directions: From Johnson City take Highway 11E to Jonesborough - property on the right across the street from Jonesborough school
Status Change Info
Date Pending: 2024-01-18
Property Features
Business Type: Medical; Professional Service; Restaurant
Exterior Finish: Block
Other Equipment: Display Window
Roof: Metal; Other
Electric Service: See Remarks
Development Status: Subdivided
Heating: Heat Pump
AC: Heat Pump
Water: Public
Sewer: Public Sewer
Road Access: Highway
Info Available: Profit/Loss Statement; Rental Roles
Restrictions: See Remarks
Financing: Cash; Conventional
Sale Includes: Fee Simple
Listing Office: KW Johnson City
Last Updated: March - 18 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.