140 West Market Street, Johnson City, TN 37604
Washington County
Key Facts
Description
Wonderful opportunity to own property in downton Johnson City TN. This 2 story 5000 Sq. Ft. Building currently houses a long term business, one finished apartment and tons of storage. The lower level 2500 sq.ft. must be for business use and the 2nd floor could be business or residential. This property is zoned B2 and in a fantastic location in the heart of downtown. Retail, restaurants, office space and studio apartments would flourish at this site. The current business ZZTops is a well established business name in Johnson City that does custom T-shirts shirts, embroidery and printing. The business name, equipment, and inventory may also be available for sale with the building, but the building must sell first. The largest employers in Johnson City include A.O. Smith, East Tennessee State University, Ballad Healthcare (locally known as The Med Center for the Johnson City Facility) and one of the county's largest VA Medical Campuses within four miles. Johnson City has developed numerous parks, walking trails and vibrant green spaces downtown. Festivals (Blue Plumb notably), farmers markets, wonderful restaurants and breweries are all just steps away. For the cycling enthusiasts there is Tannery Knob Mountain Biking Park and The Tweetsie Trail for calmer rides, again within a mile or two of Library Lane. Experience white water rafting and world class trout fishing in local rivers. Just a few minutes drive to the Appalachian Trail, several lakes and our beautiful mountains offer every outdoor adventure imaginable. Downtown revitalization has been an enormous focus for the last 10 or so years and millions have been invested to create a safe and thriving downtown. The opportunities for property ownership in downtown are becoming harder to acquire. This being such a wonderful site makes it a premier property in this location.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1920
Living Area
5,000 sq ft
Lot Size
0.05 acres
Lot Dimensions
25x104
Zoning
B2
Days on Market
4
MLS® Listing#
9992287
Property Features
Cooling
Heating
Construction
Roof
Security
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
046n L 007.00
Directions
140 W Main Street. GPS friendly.
Affordability Calculator
$120,000
Estimated monthly payment
$3,193/mo
Principal $480,000 · Est. interest $669,643 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Johnson City, TN
- $391,607
- Median Listing Price
- 69
- Median Days on Market
- 1,917
- Median Sq Ft
- $214
- Median Price / Sq Ft
- 988
- Active Listings
- This home’s price is 53% above the area median.
- Its price per sq ft is 44% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Johnson City, TN.
Location
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Points of Interest in Johnson City, TN
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1440 Leaf Ln, Ashland City, TN | $420,000 | 3 | 3 | 1,645 |
| 400 Warioto Way 911, Ashland City, TN | $420,000 | 2 | 2 | 1,292 |
| 1533 Pactolas Road 104, Johnson City, TN | $424,000 | 2 | 3 | 1,640 |
| 1533 Pactolas Road 106, Johnson City, TN | $424,000 | 2 | 3 | 1,640 |
| 104 Howard Hyder Road, Johnson City, TN | $425,000 | — | — | — |
| 197 Wedgewood Lane, Spring City, TN | $425,000 | — | — | 4,520 |
Moving Cost Estimate
EXIT Agents in Johnson City
Listing Courtesy: Coldwell Banker Security Real Estate - 4232822595
Presented by: Jason Johnston