Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial

Sub Type:

MLS Number: 9966006

Lot Acreage: 0.09000

Living Area: 4,330

Year Built:1916

Elementary School:

Middle School:

High School:

Public Remarks: Fantastic opportunity to own a piece of Downtown Johnson City!!! SELLER WILL CONSIDER OWNER FINANCING/LEASE-PURCHASE. Centrally located in the Downtown Historic District, this professionally decorated building provides opportunities for many types of businesses. The space contains two suites (Suite 1 offers a small reception area/office, two private offices, a conference room, and a kitchenette, Suite 2 offers a reception area, an open office, a private office, a conference room, and a kitchenette), three additional offices, two bathrooms and a basement. In total there is the potential for nine/ten offices, if the conference rooms are included. Tenants are on a month to month verbal lease, Current rents are below market rates. Doubling rents could yield a cap of 9.3%, based on current expenses. Possession to be 60 days from binding agreement date to close. New commercial rubber roof with 40-year life and 15-year warranty in 2023, newer furnace in 2020, two heat pumps-one new in 2023, shower in men's bathroom. Front entrance is on Market St and back entrance is on Main St, with wheelchair access from Main St.. Property is zoned B-2 for both business and residential use. Changes to the building exterior could require approval by the Historic Zoning Comm. Ask LA for City contact info. One conference table, four matching chairs, two reception chairs, one sofa, one bureau, one armoire, and one large file cabinet convey, if requested. Wall tapestry does not convey. All information is deemed reliable but not guaranteed. Buyers/Buyers Agent to verify all information.

Listing Courtesy:Hurd Realty, LLC

More Listing Info:

AC:Central Air: true

AC:Heat Pump3: true

Business Type:BarTavernLounge: true

Business Type:Professional Service: true

Business Type:ProfessionalOffice: true

Business Type:Restaurant: true

Contract Info:Foreclosure: No

Development Status:Infrastructure In: true

Easements:Flood Zone: true

Electric Service:220 Volts: true

Electric Service:Single Phase: true

Exterior Finish:Brick4: true

Exterior Finish:Synthetic Stucco: true

General Property Description:# Restrooms: 2

General Property Description:Acres: 0.09

General Property Description:Annual Lease: 37200.0

General Property Description:HOA YN: No

General Property Description:Lease: No

General Property Description:Lot Size2: 25 x 160

General Property Description:Road Frontage Length: 25

General Property Description:Stories3: 1.5

General Property Description:Total SqFt Finished: 4330.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: B-2

Heating:Central: true

Heating:Natural Gas2: true

Info Available:Other29: true

Location Tax Legal Info:City Taxes: 2341.15

Location Tax Legal Info:ComplexInd Park: Downtown

Location Tax Legal Info:County Taxes: 2542.16

Location Tax Legal Info:Deed Book #: 1103

Location Tax Legal Info:Deed Page #: 1314

Other Equipment:Basement4: true

Other Equipment:Exterior Lights: true

Other Equipment:Handicap Access2: true

Other Equipment:Handicap Facilities: true

Other Equipment:Inside Storage: true

Other Equipment:Lighting-Fluorescent: true

Other Equipment:Lighting-Incandescent: true

Other Equipment:Refrigerator2: true

Other Equipment:Smoke Detector(s)2: true

Property Condition:Above Average: true

Remarks Misc:Directions3: E Market St between S Roan St and Buffalo St

Remarks Misc:Public Remarks2: Fantastic opportunity to own a piece of Downtown Johnson City!!! SELLER WILL CONSIDER OWNER FINANCING/LEASE-PURCHASE. Centrally located in the Downtown Historic District, this professionally decorated building provides opportunities for many types of businesses. The space contains two suites (Suite 1 offers a small reception area/office, two private offices, a conference room, and a kitchenette, Suite 2 offers a reception area, an open office, a private office, a conference room, and a kitchenette), three additional offices, two bathrooms and a basement. In total there is the potential for nine/ten offices, if the conference rooms are included. Tenants are on a month to month verbal lease, Current rents are below market rates. Doubling rents could yield a cap of 9.3%, based on current expenses. Possession to be 60 days from binding agreement date to close. New commercial rubber roof with 40-year life and 15-year warranty in 2023, newer furnace in 2020, two heat pumps-one new in 2023, shower in men's bathroom. Front entrance is on Market St and back entrance is on Main St, with wheelchair access from Main St.. Property is zoned B-2 for both business and residential use. Changes to the building exterior could require approval by the Historic Zoning Comm. Ask LA for City contact info. One conference table, four matching chairs, two reception chairs, one sofa, one bureau, one armoire, and one large file cabinet convey, if requested. Wall tapestry does not convey. All information is deemed reliable but not guaranteed. Buyers/Buyers Agent to verify all information.

Restrictions:Other37: true

Road Access:City Street: true

Roof:Rubber: true

Sale Includes:Fee Simple: true

Sewer:Public Sewer: true

Water:Public: true