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Investment Highlights

  • Recently renovated and modernized
  • Good investment opportunity
  • Parking close-by
  • Motivated sellers

Executive Summary

This completely renovated and modernized 2-story brick building is perfectly located in downtown Johnson City. The building was meticulously renovated in 2020, and the owner's attention to style, function, detail and decor is remarkable. This is a signalized corner site that's literally flanked by public parking and an easy walk to all downtown music, art, and activities venues.
This building is configured to make money! The first level would make an ideal retail suite selling specialized goods, spa and beauty, or renovated for multi-tenancy. This space would have potential conversion potential for a venue or event space. The kitchen and bar are located on the second story. The rooftop is currently configured for a 2nd bar and stunning views of our lovely mountains and the downtown. Our area enjoys a mild 4-season climate that can be lucrative for outdoor spaces that are thoughtfully designed like this is. The building has both a passenger elevator and dumbwaiter servicing all levels, as well as a stairwell reminiscent of downtown Nashville. There are EIGHT restrooms on the premises which makes multi-tenancy a breeze!
Investors take note: downtown Johnson City is on the move - attracting an eclectic mix of food, retail, hospitality, and music. This property has everything in place to make you a success! Call and schedule a tour and let's talk about your vision.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,587 SF
Building Class
C
Year Built/Renovated
1930/2020
Price
$1,540,000
Price Per SF
$145.46
Building Height
2 Stories
Building FAR
2.43
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
B-2 - Central Business District
Frontage
30’ on W Market St

Amenities

  • Bus Line
  • Corner Lot
  • Roof Terrace
Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Renasant Bank
Truist
Wild Wing Cafe
Cook Out
First Watch
Bubbakoo's Burritos
Starbucks
IGA
7 Brew Coffee

Property Taxes

Property Taxes

Parcel Number
046N-L-008.00
Land Assessment
$6,120
Improvements Assessment
$440,320
Total Assessment
$446,440
  • Listing ID: 34161300

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 142 Market St, Johnson City, TN 37601

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