$700,000
508 West Oakland Avenue
Johnson City, TN 37604
MLS# 9953298
Status: Closed
7250 sqft


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Property Description
Come and see this great Commercial opportunity! Located in the heart of Johnson City on West Oakland this Commercial building priced to sell at around $100 per square foot. A perfect location with a 3 Unit building. This building was built in 1996 and there are a total of 3 units with the retail areas of 1750 each, including bathroom, separate hvac, and office. The third unit also has a 2000 square foot gas heated and spots for window units, warehouse with 2-12 foot garage doors for loading and storage. Currently 2 units are leased, the 3rd is empty and available for viewing. This location has an extremely high traffic volume and great visibility. Only a few feet away from a main intersection- N Roan & Oakland Av & also a few feet away from the major intersection- St of Franklin Rd & Oakland Av-Browns Mill Rd & I26. The building has recently been painted and had new awnings installed. This building is front faced with Stone Veneer and finished with metal exterior siding and has a lot size .61 acre. Each unit has bathrooms, HVAC heat/cool package, drywall & plenty of window display area. There is a total of 8000 sq ft of Asphalt parking in front and side for customers, employees, and deliveries. Parking lot resealed approx. 10 years ago. 2 Dumpsters-1 owned. 1 water bill for the entire building-owner pays. Being Sold ''AS IS''. DO NOT DISTURB OR DISRUPT THE CURRENT TENANT OR BUSINESS OPPERATIONS.

Details
Maps
Location, Tax & Legal Info
Lot #: 29
Parcel ID: 037d A 019.00
Block: F
Deed Book #: R136
Deed Page #: I118
City Taxes: 3998.38
County Taxes: 4969.08
Contract Info
List Price/SqFt: 103.45
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 750000
Current Price: $700,000
Listing Date: 2023-06-21
General Property Description
Road Frontage Length: 100
Acres: 0.61
Lease: No
Lot Size: 100 X 273.92 IRR (.61 AC)
Zoning: b4/r3
HOA Y/N: No
Total SqFt Finished: 7250
Total SqFt Unfinished: 0
# Parking Spaces: 25
# Restrooms: 4
Annual Lease $: 24000
Year Built: 1996
Total SqFt: 7250
Remarks & Misc
Directions: From State of Franklin, turn onto west Oakland, property is on the left, look for sign.
Property Condition
Above Average: 1
Average: 1
Business Type
Office/Showroom: 1
Retail: 1
Shopping: 1
Strip Center: 1
Exterior Finish
Metal Siding: 1
Stone Veneer: 1
Other Equipment
Delivery Doors: 1
Display Window: 1
Dumpster: 1
Exterior Lights: 1
Fire Alarm: 1
Fire Sprinkler System: 1
Handicap Access: 1
Inside Storage: 1
Lighting-Fluorescent: 1
Lighting-Track: 1
Pole Sign: 1
Smoke Detector(s): 1
Roof
Asphalt: 1
Metal: 1
Road Access
City Street: 1
Electric Service
220 Volts: 1
Development Status
Infrastructure In: 1
Heating
Central: 1
Heat Pump: 1
Info Available
Building Plan: 1
Leases: 1
Plat: 1
AC
Central Air: 1
Heat Pump: 1
Wall Unit(s): 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
Building: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
Business Only: 1
Location Tax Legal Info
Street #: 508
St Direction: West
Street Name: Oakland
St Suffix: Avenue
County: Washington
State/Province: TN
Zip Code: 37604
Area: 301 - NW Johnson City
Subdivision: Pioneer
Status Change Info
Date Pending: 2023-11-08
Sold Date: 2023-11-30
Sold Price: $700,000
Property Features
Property Condition: Above Average; Average
Business Type: Office/Showroom; Retail; Shopping; Strip Center
Exterior Finish: Metal Siding; Stone Veneer
Other Equipment: Delivery Doors; Display Window; Dumpster; Exterior Lights; Fire Alarm; Fire Sprinkler System; Handicap Access; Inside Storage; Lighting-Fluorescent; Lighting-Track; Pole Sign; Smoke Detector(s)
Roof: Asphalt; Metal
Electric Service: 220 Volts
Development Status: Infrastructure In
Heating: Central; Heat Pump
AC: Central Air; Heat Pump; Wall Unit(s)
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: Building Plan; Leases; Plat
Restrictions: Building
Financing: Cash; Conventional
Sale Includes: Business Only

Listing Office: RE/MAX Preferred

Last Updated: December - 01 - 2023

Information deemed reliable but not guaranteed.


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