Walnut Street Retail

Retail-Commercial for Sale
Also listed as Industrial, Office
Catylist Listing ID: 30355021
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail, Vehicle Related, Other
Building Size (RSF): 7,596 SF
Gross Building Area: See Agent
Gross Land Area: 0.50 Acres
Sale Price: $449,000
Unit Price: $59.11 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2019

Overview / Comments

Former print shop building is available for sale in the Walnut Street corridor, adjacent to the Model Mill redevelopment site. The Model Mill will be a mixed use redevelopment with office, retail, restaurants and a hotel. The building includes 3 phase 400-amp electrical, mostly open floor plan, drive-in overhead door and a storage shed for extra storage. Signage is attached to the front of the building, and the rear of the building is fenced. The property is located approx. 1 mile from East Tennessee State University, and less than one mile from I-26 and Downtown Johnson City.

From I-26: Take exit 23, then travel west on E Market St. Take the first left onto Colonial Way. Turn right onto E State of Franklin Rd, then left onto Sevier Street. Turn right onto W Walnut St. Subject will be on the left at the intersection of Southwest Ave.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 054C H 031.00
Zoning: WWD
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Good
Highway Access: I-26
Airports: Tri Cities Regional Airport
Tenancy: Single Tenant
Property Condition: Average
Year Built: 1940
Construction/Siding: Brick
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,217 46,847 77,000
Median Age: 32.36 37.08 38.7
Households: 4,443 20,312 33,036
The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.