227 Library Lane, Johnson City, TN 37601 - $2,100,000

Property Description

Listing Status

• More Listing Info

  AC:See Remarks11	true
  Business Type:Church	true
  Business Type:HotelMotel2	true
  Business Type:Industrial2	true
  Business Type:ProfessionalOffice	true
  Contract Info:Foreclosure	No
  Development Status:See Remarks37	true
  Electric Service:See Remarks36	true
  Exterior Finish:Block5	true
  Exterior Finish:Brick4	true
  General Property Description:Acres	4.23
  General Property Description:Annual Lease	216000.0
  General Property Description:HOA YN	No
  General Property Description:Lease	Yes
  General Property Description:Lot Size2	184,258
  General Property Description:Price LeaseSqFt	16.0
  General Property Description:Road Frontage Length	215
  General Property Description:Total SqFt Finished	13500.0
  General Property Description:Total SqFt Unfinished	0.0
  General Property Description:Zoning2	B3
  Heating:See Remarks10	true
  Info Available:Survey2	true
  Location Tax Legal Info:City Taxes	0.0
  Location Tax Legal Info:County Taxes	0.0
  Location Tax Legal Info:Deed Book #	1182
  Location Tax Legal Info:Deed Page #	1258 250002631
  Other Equipment:Other39	true
  Other Equipment:See Remarks38	true
  Property Condition:Average	true
  Remarks Misc:Directions3	Head south on I-26 E from Tri Cities Crossing I-81 14.1 mi Take exit 23 to merge onto TN-91 S/E Market St 0.2 mi Turn right onto Colonial Way 207 ft Turn right onto Library Ln Destination will be on the left 227 Library Ln on Hill
  Remarks Misc:Public Remarks7	Former Girls Inc. facility offering exceptional build-to-suit and redevelopment potential. Available for lease for single tenants as a shell or multiple tenants, the owner can accommodate custom development of a 5- to 10-story building, with no height restrictions, making this an outstanding opportunity for office, medical, mixed-use, multifamily, hospitality, or institutional users. Situated on 4.23 acres and zoned B-3 Commercial, this highly visible property features approximately 11,500 square feet of existing improvements with ample on-site parking. Perched on one of downtown Johnson City's highest elevations, the property offers breathtaking 360-degree views of Buffalo Mountain and downtown Johnson City, along with excellent visibility from Interstate 26, providing outstanding signage and branding opportunities. The existing building includes multiple classrooms, restrooms, a full commercial kitchen with break room, and a gymnasium with a stage, making it ideal for immediate occupancy or adaptive reuse while future redevelopment plans are pursued. With no height and minimal setback restrictions, this site offers tremendous flexibility for a wide range of commercial development opportunities. Conveniently located within walking distance of downtown Johnson City, the property is accessed by a private drive and is served by public water, sewer, natural gas, and electricity. Don't miss this rare opportunity to lease or develop one of Johnson City's most visible and versatile commercial properties. Schedule your private showing today! - Currently being offered at $16 sq/ft for lease with option to purchase at $2,100,000 USD Buyers and Buyers Agents to Verify all Information
  Restrictions:See Remarks34	true
  Road Access:Private Road	true
  Roof:TarGravel	true
  Sale Includes:For Lease	true
  Sale Includes:See Remarks35	true
  Sewer:Public Sewer	true
  Utilities:Cable Connected3	true
  Utilities:Electricity Connected	true
  Utilities:Natural Gas Available2	true
  Utilities:Phone Available	true
  Utilities:Sewer Connected	true
  Water:Public	true
  Videos:	(none)
  Virtual Tours:	(none)

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