$625,000
501 West Walnut Street
Johnson City, TN 37604
MLS# 9972746
Status: Pending
3652 sqft


501 West Walnut Street, Johnson City, TN 37604
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501 West Walnut Street, Johnson City, TN 37604 501 West Walnut Street, Johnson City, TN 37604 501 West Walnut Street, Johnson City, TN 37604 501 West Walnut Street, Johnson City, TN 37604 501 West Walnut Street, Johnson City, TN 37604 501 West Walnut Street, Johnson City, TN 37604 501 West Walnut Street, Johnson City, TN 37604

Property Description
This classic building is over 100 years of age, located in the West Walnut Redevelopment District and prominently located on the corner across the Street from the remodeled Model Mill. Excellent location for restaurant, specialty retail, or other business venture. The interior boosts 3,652 sq. ft. of space and additional 20' x 82' floored attic for storage. New double hung windows are being installed in the front of the building. There is a privacy patio that offers 1,840' sq. ft. of outside dinning space or could be used to hold various venues. All utility hook ups have been made, including 2 fully functioning bathrooms. Many interior upgrades have been made. This property is located in a Tax Increment Financing District. There is an alarm that will go off when you open the front door. Just close the door and it will turn off the alarm.

Details
Maps
Location, Tax & Legal Info
Parcel ID: 054c H 032.00
Complex/Ind Park: Robinson Property Replat
Deed Book #: 1018
Deed Page #: 407
City Taxes: 1228.39
County Taxes: 1333.86
Contract Info
List Price/SqFt: 171.14
Foreclosure: No
Short Sale: No
Auction: No
Status: Pending
Listing Price: 625000
Current Price: $625,000
Listing Date: 2024-10-24
General Property Description
Road Frontage Length: 74
Acres: 0.24
Lease: No
Lot Size: 74.29' x 141.50'
Zoning: WWD
HOA Y/N: No
Stories: 1.5
Total SqFt Finished: 3652
Total SqFt Unfinished: 0
# Parking Spaces: 25
# Restrooms: 2
Annual Lease $: 0
Year Built: 1920
Total SqFt: 3652
Remarks & Misc
Public Remarks: This classic building is over 100 years of age, located in the West Walnut Redevelopment District and prominently located on the corner across the Street from the remodeled Model Mill. Excellent location for restaurant, specialty retail, or other business venture. The interior boosts 3,652 sq. ft. of space and additional 20' x 82' floored attic for storage. New double hung windows are being installed in the front of the building. There is a privacy patio that offers 1,840' sq. ft. of outside dinning space or could be used to hold various venues. All utility hook ups have been made, including 2 fully functioning bathrooms. Many interior upgrades have been made. This property is located in a Tax Increment Financing District. There is an alarm that will go off when you open the front door. Just close the door and it will turn off the alarm.
Directions: From University Parkway, take State of Franklin Road and turn right onto Sevier Street beside The Model Mill. Property is located on the corner of W. Walnut Street & Sevier Street.
Property Condition
Average: 1
Business Type
Office/Showroom: 1
Restaurant: 1
Retail: 1
Vacant: 1
Exterior Finish
Block: 1
Frame: 1
Other Equipment
Display Window: 1
Roof
Asphalt: 1
Road Access
Alley: 1
City Street: 1
Electric Service
220 Volts: 1
Other: 1
Development Status
Subdivided: 1
Heating
CHW System: 1
Info Available
Building Plan: 1
AC
Central Air: 1
Utilities
Natural Gas Available: 1
Phone Available: 1
Sewer Available: 1
Underground Utilities: 1
Water Available: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
Utility Easement: 1
Easements
Power Line: 1
Financing
Cash: 1
Existing Finance
None: 1
Sale Includes
Fee Simple: 1
Location Tax Legal Info
Street #: 501
St Direction: West
Street Name: Walnut
St Suffix: Street
County: Washington
State/Province: TN
Zip Code: 37604
Area: 304 - SW Johnson City
Subdivision: Not In Subdivision
Status Change Info
Date Pending: 2025-08-28
Property Features
Property Condition: Average
Business Type: Office/Showroom; Restaurant; Retail; Vacant
Exterior Finish: Block; Frame
Other Equipment: Display Window
Roof: Asphalt
Electric Service: 220 Volts; Other
Development Status: Subdivided
Heating: CHW System
AC: Central Air
Utilities: Natural Gas Available; Phone Available; Sewer Available; Underground Utilities; Water Available
Water: Public
Sewer: Public Sewer
Road Access: Alley; City Street
Info Available: Building Plan
Restrictions: Utility Easement
Easements: Power Line
Financing: Cash
Existing Finance: None
Sale Includes: Fee Simple

Listing Office: Lefemine Commercial Properties, LLC

Last Updated: December - 30 - 2025

Information deemed reliable but not guaranteed.


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