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1001 North Roan Street, Johnson City, TN 37601 - $459,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Lease Sub Type: MLS Number: 9975650
Living Area: 2,600 Lot Acreage: 0 Year Built: 1958
Elementary School: Middle School: High School:
Property Description
Building is located in a high traffic area with 18 asphalt parking spaces. Three exterior entrances allow direct access to the interior spaces. The investment potential is solid with little to no vacancy. Currently all units are leased with 3 having options to renew at increased cost. The flexible office spaces provide tenants the opportunity to design their spaces for maximum income potential. The contemporary updates inside give a spacious decor for businesses. The current monthly income is approximately $4,800. The upstairs area is in the process of being remodeled. The beautiful beams and tongue and groove ceilings enhance each unit. Many types of businesses will thrive in this spot, as they have for years The exterior is cedar and stone, roof is newer. Heating and cooling is via split units in each space for a more comfortable, efficient, individual temperature control. There is handicap access, security system, smoke detectors, exterior lighting, and more. Some areas need finishing, but most move in ready. The location is in an excellent high traffic area near other retail shops, schools, restaurants, and walking distance to downtown Johnson City, easy access to I-26. Buyer/Buyer's Agent to verify all information.
Listing Status
Active
  • More Listing Info
    AC:See Remarks11true
    Business Type:ProfessionalOfficetrue
    Business Type:Retail2true
    Contract Info:ForeclosureNo
    Development Status:Cleared2true
    Development Status:Infrastructure Intrue
    Easements:Power Linetrue
    Easements:Rec Right of Waytrue
    Electric Service:220 Voltstrue
    Exterior Finish:Other16true
    Exterior Finish:See Remarks3true
    General Property Description:# Parking Spaces18
    General Property Description:# Restrooms2
    General Property Description:Acres0.18
    General Property Description:Annual Lease52000.0
    General Property Description:HOA YNNo
    General Property Description:LeaseYes
    General Property Description:Lot Size2160 x 50
    General Property Description:Price LeaseSqFt20.0
    General Property Description:Road Frontage Length160
    General Property Description:Total SqFt Finished2600.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2B4
    Heating:See Remarks10true
    Info Available:Floor Plantrue
    Info Available:Plattrue
    Location Tax Legal Info:City Taxes1130.98
    Location Tax Legal Info:County Taxes1228.08
    Location Tax Legal Info:Deed Book #1048
    Location Tax Legal Info:Deed Page #2838
    Other Equipment:Dumpstertrue
    Other Equipment:Exterior Lightstrue
    Other Equipment:Fire Alarmtrue
    Other Equipment:Free Standingtrue
    Other Equipment:Handicap Access2true
    Other Equipment:Handicap Facilitiestrue
    Other Equipment:Pole Signtrue
    Other Equipment:Security System3true
    Other Equipment:Smoke Detector(s)2true
    Property Condition:Averagetrue
    Remarks Misc:Directions3From I-26, exit Watauga/Unaka. RIGHT on Watauga. At stop light intersection with N. Road Street, turn RIGHT. Building on LEFT.
    Remarks Misc:Public Remarks2Building is located in a high traffic area with 18 asphalt parking spaces. Three exterior entrances allow direct access to the interior spaces. The investment potential is solid with little to no vacancy. Currently all units are leased with 3 having options to renew at increased cost. The flexible office spaces provide tenants the opportunity to design their spaces for maximum income potential. The contemporary updates inside give a spacious decor for businesses. The current monthly income is approximately $4,800. The upstairs area is in the process of being remodeled. The beautiful beams and tongue and groove ceilings enhance each unit. Many types of businesses will thrive in this spot, as they have for years The exterior is cedar and stone, roof is newer. Heating and cooling is via split units in each space for a more comfortable, efficient, individual temperature control. There is handicap access, security system, smoke detectors, exterior lighting, and more. Some areas need finishing, but most move in ready. The location is in an excellent high traffic area near other retail shops, schools, restaurants, and walking distance to downtown Johnson City, easy access to I-26. Buyer/Buyer's Agent to verify all information.
    Restrictions:Right of Waytrue
    Road Access:City Streettrue
    Roof:Compositiontrue
    Roof:Rubbertrue
    Sale Includes:Business Onlytrue
    Sewer:Public Sewertrue
    Utilities:Cable Connected3true
    Utilities:Electricity Connectedtrue
    Utilities:Sewer Connectedtrue
    Utilities:Water Availabletrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Exit Realty Tri-Cities
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