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107 East Main Street, Jonesborough, TN 37659 - $1,100,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Sub Type: MLS Number: 9965581
Living Area: 6,006 Lot Acreage: 0 Year Built: 1871
Elementary School: Middle School: High School:
Property Description
Premium business opportunity in the heart of ''Tennessee's Oldest Town''. Historic Downtown Jonesborough, TN. Jonesborough was recently featured in Southern Living Magazine for 15 Best Weekend Getaways in Tennessee... & voted #9, as best place to live, by USA Today. Jonesborough is part of the Johnson City metropolitan statistical area, which is a component of the Johnson City-Kingsport-Bristol, TN & VA combined statistical area - commonly known as the ''Tri-Cities'' region. Built in 1871, Lampson Hall, has continued to thrive for over 153 years as a successful business site. This remarkable building retains its original character, all while providing modern amenities. Completely renovated in 2013 this building showcases its historical charm through the exposed brick walls, original hardwood floors, & original dumbwaiter shaft that services all three floors. This prime location would be ideal for a pub/tavern, restaurant, event venue, retail space, and/or office space. The main floor/level consist of 3003 square feet, complete with commercial kitchen, gas log fireplace, built in bar, two half baths, & a separate space that is currently being occupied as coffee shop. The second floor/level, also boasting 3003 sq', has been divided into three spaces... for income producing purposes... or can be used as one. This level features multiple office spaces and/or conference rooms, one full bath, one half bath, two fireplaces, & a kitchen that has also been approved to be a commercial warming kitchen, by the town of Jonesborough. Front exterior features three separate entrances.... two for main level access & one for second level access. This property also has three designated parking spaces in the parking lot behind the building. Additional updates include... metal roof was installed in 2020 and back steps were replaced in 2023. Honestly, there are too many upgrades & improvements to list... making this a MUST SEE property! Opportunities like this don't come available often Note: CRS is showing last sale of the condo unit only (109 East Main Street, Suite 301), for $650,000, that was purchased in 2023. This was not for the entire building. This was only for the purchase of the 3 BR/ 2 BA condo unit on the top floor. Income information for commercial space: Current monthly revenue: $7,550 / Potential monthly revenue: $9,050 (107 East Main Street (retail space & commercial kitchen) - $4,900/month; 109 East Main Street, Suite 101 - $1,000/month, 109 East Main Street, Suite 201A - $1,000/month; 109 East Main Street, Suite 201B - $750/month; 109 East Main Street, Suite 201C (currently not rented)- $1,500). Parking spots rent out to tenants for $100/month. **NOTE** Option to purchase the top floor (penthouse) unit is available for an additional $650,000... for a total of $1,750,000. See MLS# 9967853. This residential unit (109 East Main Street, Suite 301) boasts 3003 Finished Square Feet... putting the total square footage for the building at 9,009 finished square feet. Featuring 3 Bedrooms, 2 Full Bathrooms, gas log fireplace, large kitchen, tall ceilings, exposed brick walls, and stunning hardwood floors throughout. Pictures of this unit are included in this listing. This unit also includes two designated parking spaces in the parking lot behind the building... for a total of FIVE parking spaces for the entire building. All information herein deemed reliable but subject to buyers' verification.
Listing Status
Active
  • More Listing Info
    AC:Ceiling Fan(s)true
    AC:Central Airtrue
    AC:Heat Pump3true
    Business Type:BarTavernLoungetrue
    Business Type:Historicaltrue
    Business Type:Restauranttrue
    Business Type:Retail2true
    Contract Info:ForeclosureNo
    Development Status:Other35true
    Electric Service:220 Voltstrue
    Exterior Finish:Brick4true
    General Property Description:# Parking Spaces3
    General Property Description:# Restrooms4
    General Property Description:Acres0.09
    General Property Description:Annual Lease0.0
    General Property Description:Association Fee FrequencyMonthly
    General Property Description:HOA Fee341.4
    General Property Description:HOA YNYes
    General Property Description:LeaseNo
    General Property Description:Lot Size239 x 97
    General Property Description:Total SqFt Finished6006.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2B2
    Heating:Fireplace(s)true
    Heating:Heat Pump2true
    Heating:Natural Gas2true
    Info Available:Aerialtrue
    Info Available:See Remarks28true
    Location Tax Legal Info:City Taxes3064.32
    Location Tax Legal Info:County Taxes5490.24
    Location Tax Legal Info:Deed Book #1138
    Location Tax Legal Info:Deed Page #72
    Other Equipment:Basement4true
    Other Equipment:Dishwasher2true
    Other Equipment:Display Windowtrue
    Other Equipment:Exterior Lightstrue
    Other Equipment:Handicap Access2true
    Other Equipment:Lighting-Incandescenttrue
    Other Equipment:Refrigerator2true
    Other Equipment:Security System3true
    Other Equipment:See Remarks38true
    Other Equipment:Smoke Detector(s)2true
    Property Condition:Above Averagetrue
    Remarks Misc:Directions3Property is located across from the Historic Washington County Courthouse in Historic Downtown Jonesborough.
    Remarks Misc:Public Remarks2Premium business opportunity in the heart of ''Tennessee's Oldest Town''. Historic Downtown Jonesborough, TN. Jonesborough was recently featured in Southern Living Magazine for 15 Best Weekend Getaways in Tennessee... & voted #9, as best place to live, by USA Today. Jonesborough is part of the Johnson City metropolitan statistical area, which is a component of the Johnson City-Kingsport-Bristol, TN & VA combined statistical area - commonly known as the ''Tri-Cities'' region. Built in 1871, Lampson Hall, has continued to thrive for over 153 years as a successful business site. This remarkable building retains its original character, all while providing modern amenities. Completely renovated in 2013 this building showcases its historical charm through the exposed brick walls, original hardwood floors, & original dumbwaiter shaft that services all three floors. This prime location would be ideal for a pub/tavern, restaurant, event venue, retail space, and/or office space. The main floor/level consist of 3003 square feet, complete with commercial kitchen, gas log fireplace, built in bar, two half baths, & a separate space that is currently being occupied as coffee shop. The second floor/level, also boasting 3003 sq', has been divided into three spaces... for income producing purposes... or can be used as one. This level features multiple office spaces and/or conference rooms, one full bath, one half bath, two fireplaces, & a kitchen that has also been approved to be a commercial warming kitchen, by the town of Jonesborough. Front exterior features three separate entrances.... two for main level access & one for second level access. This property also has three designated parking spaces in the parking lot behind the building. Additional updates include... metal roof was installed in 2020 and back steps were replaced in 2023. Honestly, there are too many upgrades & improvements to list... making this a MUST SEE property! Opportunities like this don't come available often
    Restrictions:See Remarks34true
    Road Access:City Streettrue
    Road Access:See Remarks32true
    Roof:Metal3true
    Sale Includes:Other38true
    Sale Includes:See Remarks35true
    Sewer:Public Sewertrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Property Executives Johnson City
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