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213 S Boone St 3,700 SF Retail Building Johnson City, TN 37604 $450,000 ($121.62/SF)
EXECUTIVE SUMMARY
In the heart of Johnson City, a unique opportunity is emerging. Despite the scarcity of lots for sale in the downtown area, there lies a golden chance for investors and developers. Nestled within an Opportunity Zone, this area offers significant tax benefits for those willing to invest in the revitalization of our community. Currently, plans are in place for a mixed-use development that promises to breathe new life into the city center. This project includes retail spaces that will attract businesses and consumers alike, fostering economic growth and vibrancy. Additionally, it features 12 residential units, providing much-needed housing in a thriving urban environment.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,700 SF
Year Built
1930
Price
$450,000
Price Per SF
$121.62
Tenancy
Single
Building Height
1 Story
Lot Size
75.00 AC
Opportunity Zone
Yes
Zoning
B2 - Restaurant/Business/Office Space. Two lots recently combine.
Parking
20 Spaces (5.41 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Fenced Lot
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 046N-N-028.00 | Improvements Assessment | $16,240 |
| Land Assessment | $30,680 | Total Assessment | $46,920 |
PROPERTY TAXES
Parcel Number
046N-N-028.00
Land Assessment
$30,680
Improvements Assessment
$16,240
Total Assessment
$46,920
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213 S Boone St
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