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Blue Ridge Properties Listing
107 & 109 East Main Street, Jonesborough, TN 37659 (MLS #9995153)
Basic Information:
Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Commercial Sale
Sub Type:
MLS Number: 9995153
Lot Acreage: 0.00000
Living Area: 6,006
Year Built:1871
Elementary School:
Middle School:
High School:
Public Remarks: Income-Producing Commercial property! The property currently generates approximately $9,000/month ($108,000 annually) with an estimated NOI of $87,461.00 and a Cap Rate of 7.95%. This is a prime opportunity to own a mixed-use investment property in the heart of historic Jonesborough. This well-maintained, historic property offers approximately 6,006 square feet across two levels, featuring established tenants and immediate income. The second floor consists of multiple office spaces providing consistent rental income, while the main level offers highly visible retail space with strong street presence and flexible future use. Originally built in 1871 and completely renovated in 2013, the building retains its historic charm with exposed brick, original hardwood floors, and unique architectural features(one of them a dumbwaiter shaft), while offering modern functionality. Additional improvements include a metal roof in 2020 and updated exterior access in 2023. Long deserved renovations on adjoining buildings are currently in progress at the rear of the building. Building addresses include 107 E Main Street & 109 E Main Street, Suite 101, 201 (A, B, & C). The main level consists of 3003 sqft, complete w/ commercial kitchen, gas log fireplace, built-in bar, half bath (107 E Main St) & separate space w/ additional half bath & certified warming kitchen (109 E Main St, Suite 101). The 2nd level, also boasting 3003 sqft, features multiple office spaces, 1 full bath & 1 half bath, 2 fireplaces, & a certified warming kitchen (109 E Main St, Suite 201 (A, B, & C). Three dedicated parking spaces are available in the parking lot behind the building. Located on desirable Main Street, this property benefits from excellent walkability, steady foot traffic, and a thriving downtown environment. Ideal for investors seeking stable returns with upside potential in one of East Tennessee's oldest, most charming and active downtown districts. Seller-provided financials available. Buyer to verify all information.
Listing Courtesy:Property Executives Johnson City
More Listing Info:
AC:Ceiling Fan(s): true
AC:Central Air: true
AC:Heat Pump3: true
Business Type:Historical: true
Business Type:Professional Service: true
Business Type:ProfessionalOffice: true
Business Type:Retail2: true
Contract Info:Foreclosure: No
Development Status:Finished Lot(s): true
Development Status:Other35: true
Electric Service:220 Volts: true
Exterior Finish:Brick4: true
General Property Description:# Parking Spaces: 3
General Property Description:# Restrooms: 4
General Property Description:Acres: 0.0
General Property Description:Annual Lease: 0.0
General Property Description:Association Fee Frequency: Monthly
General Property Description:HOA Fee: 341.4
General Property Description:HOA YN: Yes
General Property Description:Lease: No
General Property Description:Lot Size2: 38.7X209.85 IRR
General Property Description:Road Frontage Length: 39
General Property Description:Stories3: 2.0
General Property Description:Total SqFt Finished: 6006.0
General Property Description:Total SqFt Unfinished: 0.0
General Property Description:Zoning2: B2
Heating:Fireplace(s): true
Heating:Forced Air: true
Heating:Natural Gas2: true
Info Available:Aerial: true
Info Available:Leases2: true
Info Available:See Remarks28: true
Location Tax Legal Info:City Taxes: 2550.0
Location Tax Legal Info:County Taxes: 3516.0
Location Tax Legal Info:Deed Book #: 1028
Location Tax Legal Info:Deed Page #: 2391
Location Tax Legal Info:Lot #: Unit 1-2
Other Equipment:Dishwasher2: true
Other Equipment:Display Window: true
Other Equipment:Exterior Lights: true
Other Equipment:Handicap Access2: true
Other Equipment:Lighting-Incandescent: true
Other Equipment:Refrigerator2: true
Other Equipment:Security System3: true
Other Equipment:See Remarks38: true
Other Equipment:Smoke Detector(s)2: true
Property Condition:Above Average: true
Remarks Misc:Directions3: Main St downtown Jonesborough, directly across from the Washington County Courthouse.
Remarks Misc:Public Remarks7: Income-Producing Commercial property! The property currently generates approximately $9,000/month ($108,000 annually) with an estimated NOI of $87,461.00 and a Cap Rate of 7.95%. This is a prime opportunity to own a mixed-use investment property in the heart of historic Jonesborough. This well-maintained, historic property offers approximately 6,006 square feet across two levels, featuring established tenants and immediate income. The second floor consists of multiple office spaces providing consistent rental income, while the main level offers highly visible retail space with strong street presence and flexible future use. Originally built in 1871 and completely renovated in 2013, the building retains its historic charm with exposed brick, original hardwood floors, and unique architectural features(one of them a dumbwaiter shaft), while offering modern functionality. Additional improvements include a metal roof in 2020 and updated exterior access in 2023. Long deserved renovations on adjoining buildings are currently in progress at the rear of the building. Building addresses include 107 E Main Street & 109 E Main Street, Suite 101, 201 (A, B, & C). The main level consists of 3003 sqft, complete w/ commercial kitchen, gas log fireplace, built-in bar, half bath (107 E Main St) & separate space w/ additional half bath & certified warming kitchen (109 E Main St, Suite 101). The 2nd level, also boasting 3003 sqft, features multiple office spaces, 1 full bath & 1 half bath, 2 fireplaces, & a certified warming kitchen (109 E Main St, Suite 201 (A, B, & C). Three dedicated parking spaces are available in the parking lot behind the building. Located on desirable Main Street, this property benefits from excellent walkability, steady foot traffic, and a thriving downtown environment. Ideal for investors seeking stable returns with upside potential in one of East Tennessee's oldest, most charming and active downtown districts. Seller-provided financials available. Buyer to verify all information.
Restrictions:See Remarks34: true
Road Access:City Street: true
Road Access:See Remarks32: true
Roof:Metal3: true
Sale Includes:Other38: true
Sale Includes:See Remarks35: true
Sewer:Public Sewer: true
Utilities:Cable Connected3: true
Utilities:Electricity Connected: true
Utilities:Natural Gas Connected: true
Utilities:Phone Connected: true
Utilities:Sewer Connected: true
Utilities:Water Connected: true
Water:Public: true
