$1,949,900
MLS# 9958520
10666 sqft
1 / 18
Property Description
Immaculate, energetic, multi-functional, and historic are the words that come to mind when viewing this astounding building in the heart of downtown Johnson City. While it is now an 11 unit, loft style living, and 2 commercial unit space, it was once the old Tennessee National Bank. This building may hold history but I can assure you it has had a major revamping. In 2017, the building was completely remodeled from the ground up. In 2020, a new roof and cornice was put in place with a 30 year warranty. I invite all investors to make your way to Spring Street to begin your journey to a new opportunity !
Details
Location, Tax & Legal Info
County: Washington
State/Province: TN
Zip Code: 37604
Area: 304 - SW Johnson City
Subdivision: Not In Subdivision
Lot #: 1
Block: 10
Deed Book #: R1061
Deed Page #: I2509
Parcel ID: 046n O 015.00
City Taxes: 7980.14
County Taxes: 9917.52
Contract Info
Status: Active
Listing Price: 1949900
Current Price: $1,949,900
List Price/SqFt: 182.81
Listing Date: 2023-10-25
Buyer Broker: Yes
Buyer Broker Comm: 2
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lease: Yes
Lot Size: 50.09 X 88.88 IRR
Acres: 0.11
Zoning: B2
Year Built: 1914
Total SqFt: 10666
Total SqFt Finished: 10666
HOA Y/N: No
Annual Lease $: 188500
Remarks & Misc
Public Remarks: Immaculate, energetic, multi-functional, and historic are the words that come to mind when viewing this astounding building in the heart of downtown Johnson City. While it is now an 11 unit, loft style living, and 2 commercial unit space, it was once the old Tennessee National Bank. This building may hold history but I can assure you it has had a major revamping. In 2017, the building was completely remodeled from the ground up. In 2020, a new roof and cornice was put in place with a 30 year warranty. I invite all investors to make your way to Spring Street to begin your journey to a new opportunity !
Directions: from North Roan Turn R onto Buffalo St Then turn L onto E Main Street. Building on Corner of E Main and Spring St
Property Features
Business Type: Office/Showroom; Restaurant; Other
Exterior Finish: Concrete
Other Equipment: Basement; Dishwasher; Dryer; Fire Sprinkler System; Humidity Control; Inside Storage; Refrigerator; Smoke Detector(s); Washer
Roof: Rubber
Electric Service: 220 Volts; Phase 3; Single Phase
Development Status: Other
Heating: Central
AC: Ceiling Fan(s); Central Air; Heat Pump
Water: Public
Sewer: Private Sewer
Road Access: City Street
Info Available: Leases; Profit/Loss Statement; Rental Roles
Restrictions: Other
Financing: Cash; Conventional
Sale Includes: Other
Listing Office: Berkshire Hathaway Greg Cox Real Estate
Last Updated: April - 22 - 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.