$650,000
401 Elm Street
Johnson City, TN 37601
MLS# 9987673
4147 sqft


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Property Description
Located just off I-26 and Exit 22, at the corner of Elm Street and E Myrtle Ave, this 4,147 sq ft commercial building offers exceptional visibility from I-26 with an average daily traffic count of over 61,000 vehicles. The property features three individual commercial units, two of which are currently occupied providing immediate rental income. The remaining vacant unit is currently configured with multiple offices, offering flexibility for office, retail, or service-based use. Situated on a large, level lot, the property includes ample parking and a spacious backyard area that offers endless potential—ideal for outdoor seating, patio expansion, events, or additional business use. This is an ideal opportunity for an owner-user or investor seeking a highly visible, income-producing property in one of Johnson City's most accessible commercial corridors. Listing is for entire building (401A, 401B, and 403).

Details
Maps
Location, Tax & Legal Info
Lot #: 1
Parcel ID: 046k N 026.00
Deed Book #: 1118
Deed Page #: 1684
City Taxes: 2242.39
County Taxes: 2831.76
Contract Info
List Price/SqFt: 156.74
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 650000
Current Price: $650,000
Listing Date: 2025-10-28
General Property Description
Road Frontage Length: 150
Acres: 0.52
Lease: No
Lot Size: 150 x 150
Zoning: B3
HOA Y/N: No
Total SqFt Finished: 4147
Total SqFt Unfinished: 0
Annual Lease $: 65510
Year Built: 1969
Total SqFt: 4147
Remarks & Misc
Public Remarks: Located just off I-26 and Exit 22, at the corner of Elm Street and E Myrtle Ave, this 4,147 sq ft commercial building offers exceptional visibility from I-26 with an average daily traffic count of over 61,000 vehicles. The property features three individual commercial units, two of which are currently occupied providing immediate rental income. The remaining vacant unit is currently configured with multiple offices, offering flexibility for office, retail, or service-based use. Situated on a large, level lot, the property includes ample parking and a spacious backyard area that offers endless potential—ideal for outdoor seating, patio expansion, events, or additional business use. This is an ideal opportunity for an owner-user or investor seeking a highly visible, income-producing property in one of Johnson City's most accessible commercial corridors. Listing is for entire building (401A, 401B, and 403).
Directions: From I-26 take exit 22, property is on your right, at the corner of Elm Street and E Myrtle Avenue.
Property Condition
Above Average: 1
Business Type
Professional/Office: 1
Restaurant: 1
Shopping: 1
Strip Center: 1
Exterior Finish
Brick: 1
Other Equipment
Freezer: 1
Part Fenced: 1
Roof
Rubber: 1
Road Access
City Street: 1
Highway: 1
Interstate: 1
Electric Service
220 Volts: 1
Development Status
Other: 1
Heating
Central: 1
Info Available
Leases: 1
Rental Roles: 1
Traffic: 1
AC
Central Air: 1
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
See Remarks: 1
Financing
Other: 1
Sale Includes
Fee Simple: 1
Location Tax Legal Info
Street #: 401
Street Name: Elm
St Suffix: Street
County: Washington
State/Province: TN
Zip Code: 37601
Area: 302 - NE Johnson City
Property Features
Property Condition: Above Average
Business Type: Professional/Office; Restaurant; Shopping; Strip Center
Exterior Finish: Brick
Other Equipment: Freezer; Part Fenced
Roof: Rubber
Electric Service: 220 Volts
Development Status: Other
Heating: Central
AC: Central Air
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Road Access: City Street; Highway; Interstate
Info Available: Leases; Rental Roles; Traffic
Restrictions: See Remarks
Financing: Other
Sale Includes: Fee Simple

Listing Office: Foundation Realty Group

Last Updated: December - 02 - 2025

Information deemed reliable but not guaranteed.


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