$636,250
1604 Lamons Lane 6
Johnson City, TN 37604
MLS# 408207
Status: Closed
12000 sqft


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Property Description
12,000 sq ft retail Strip Center located off and above Market Street, behind McDonald's, on Lamons Lane. Built in 1990, sharp looking stucco strip center boasts 12,000 sq ft of leasable space, currently home to Massage school lease, and has future income earning potential, or is available for an owner/operator who wants to have income producing property along with their business. Parking lot egress is back only 200 ft from Market Street, and sits atop a hill. The Lamons Lane intersects with market a mere 1000 ft from the Market St/State of Franklin intersection, putting it near one of the busiest and highly trafficked intersections in the Tri-Cities, at 32,000 cars per day.Making this parcel visible, accessable, and in a main Commercial corridor, great building for services, professional offices, etc. Building has a footprint of 60x200,

Details
Maps
Documents
Location, Tax & Legal Info
Unit #: 6
Parcel ID: 054A A 020.00
City Taxes: 5650
County Taxes: 7115
Contract Info
List Price/SqFt: 64.58
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 775000
Current Price: $636,250
Listing Date: 2018-06-12
General Property Description
Acres: 1.38
Lot Size: 57499
Zoning: B4
Stories: 1
Total SqFt Finished: 12000
Total SqFt Unfinished: 0
Annual Lease $: 101298
Year Built: 1990
Total SqFt: 12000
Remarks & Misc
Directions: From State of Franklin, take Market st east and turn left on Lamons Ln after McDonalds. Strip center is at top of hill.
Property Condition
Above Average: 1
Business Type
Retail: 1
Shopping: 1
Strip Center: 1
Exterior Finish
Stucco: 1
Other Equipment
Lighting-Fluorescent: 1
Roof
Shingle: 1
Road Access
City Street: 1
Electric Service
220 Volts: 1
Development Status
Finished Lot(s): 1
Heating
Electric: 1
Info Available
Pro-Forma Statement: 1
Profit/Loss Statement: 1
Rental Roles: 1
AC
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
Building: 1
Easements
None: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
Fee Simple: 1
Location Tax Legal Info
Street #: 1604
Street Name: Lamons
St Suffix: Lane
County: Washington
State/Province: TN
Zip Code: 37604
Area: 301 - NW Johnson City
Status Change Info
Sold Date: 2018-12-14
Sold Price: $636,250
Property Features
Property Condition: Above Average
Business Type: Retail; Shopping; Strip Center
Exterior Finish: Stucco
Other Equipment: Lighting-Fluorescent
Roof: Shingle
Electric Service: 220 Volts
Development Status: Finished Lot(s)
AC: Heat Pump
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: Pro-Forma Statement; Profit/Loss Statement; Rental Roles
Restrictions: Building
Easements: None
Financing: Cash; Conventional
Sale Includes: Fee Simple

Listing Office: REMAX Checkmate, Inc. Realtors

Last Updated: September - 26 - 2020

Information deemed reliable but not guaranteed.


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