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111 Spring Street, Johnson City, TN 37604 - $850,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Lease Sub Type: MLS Number: 9964896
Living Area: 4,800 Lot Acreage: 0 Year Built: 1920
Elementary School: Middle School: High School:
Property Description
Great opportunity to own a building in the Tipton Street coridor in downtown Johnson City. Located on Spring Street between E Main St and Tipton St, this is an ideal location for retail or service industry tenants as well as for tenants in the residential units on the second floor. Building includes three residential units and five commercial units -- all currently under an active lease. There is opportunity for remodeling residential units on the second floor for better pro forma.
Listing Status
Active
  • More Listing Info
    AC:Ceiling Fan(s)true
    AC:Central Airtrue
    AC:Heat Pump3true
    Business Type:BarberBeautytrue
    Business Type:BarTavernLoungetrue
    Business Type:ProfessionalOfficetrue
    Business Type:Retail2true
    Contract Info:ForeclosureNo
    Development Status:See Remarks37true
    Easements:Flood Zonetrue
    Electric Service:220 Voltstrue
    Exterior Finish:Brick4true
    General Property Description:Acres0.18
    General Property Description:Annual Lease64800.0
    General Property Description:HOA YNNo
    General Property Description:LeaseYes
    General Property Description:Lot Size225 X 103M
    General Property Description:Price LeaseSqFt13.5
    General Property Description:Stories32.0
    General Property Description:Total SqFt Finished4800.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2C/R
    Heating:Centraltrue
    Heating:Heat Pump2true
    Heating:Natural Gas2true
    Info Available:Rental Rolestrue
    Location Tax Legal Info:City Taxes1339.02
    Location Tax Legal Info:County Taxes1664.1
    Location Tax Legal Info:Deed Book #R444
    Location Tax Legal Info:Deed Page #I389
    Other Equipment:See Remarks38true
    Property Condition:Averagetrue
    Remarks Misc:Directions3GPS friendly. Public parking available on the street in front of the building or on the back of the building in Downtown Square Parking Lot.
    Remarks Misc:Public Remarks2Great opportunity to own a building in the Tipton Street coridor in downtown Johnson City. Located on Spring Street between E Main St and Tipton St, this is an ideal location for retail or service industry tenants as well as for tenants in the residential units on the second floor. Building includes three residential units and five commercial units -- all currently under an active lease. There is opportunity for remodeling residential units on the second floor for better pro forma.
    Restrictions:Other37true
    Road Access:City Streettrue
    Roof:Rubbertrue
    Sale Includes:See Remarks35true
    Sewer:Public Sewertrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
The Wilson Agency
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