107 E Main St - Storefront FOR SALE


Jonesborough, TN 37659
$1,595,000 USD
423-830-2803
107 E Main St, Jonesborough, TN for Sale
$1,595,000 USD
Storefront - FOR SALE
1/76
null | Request Cap Rate

107 E Main St
Jonesborough, TN 37659


HIGHLIGHTS

  • Historic 1873 Lampson Hall
  • Vacant storefront, turney kitchen
  • Live above, lease below

OVERVIEW

Lampson Hall has stood on the courthouse square in Jonesborough since about 1873, and for most of that time it was where the town did things. The third floor was its hall - plays, vaudeville, the traveling companies that came through. The lower floors held a store. And when Washington County outgrew its old courthouse, county court moved in here and met until the new building was finished in 1913. The county's own published history of that courthouse does not bother with an address for this one. It simply calls it the Hoss and McCall building, after the clothing store that sold on the ground floor for decades. The entire building is offered as one package or can be sold with only the bottom two floors. The ground floor runs approximately 3,003 square feet at street level, with three storefront entrances and display windows facing the Washington County Courthouse across Main Street. Exposed brick, original hardwood floors and a gas log fireplace. A cafe-scale commercial kitchen with a built-in bar is already installed, which shortens the build-out required for a food, beverage or specialty retail use considerably. It is vacant and available for immediate occupancy - held open rather than re-leased, so a buyer who intends to occupy the space can take it at closing, with no tenant to relocate and no remaining term to wait out. The floor has historically been configured as two to three separate storefronts and can be occupied whole or divided. The second floor runs approximately 3,003 square feet in three suites, reached by the building's own stair, with two fireplaces, exposed brick, original hardwood, a full bath, a half bath. A law office and a salon are in place and one suite is available. Those leases convey and produce income from the first month of ownership. The third floor is the old hall itself - the room where the town watched vaudeville and where the county held court for a year while its courthouse went up across the street. It is now finished residential space of approximately 3,003 square feet, most recently used as a short-term rental. That top floor is what makes the building unusual at this price. An operator can put a restaurant, cafe or shop at street level, keep the office suites between, and live above the store on the courthouse square - which is how buildings like this one were used for most of their history and is rarely available now. An owner who would rather not live here can hold the residence as rental space and let it and the office suites carry part of the cost of ownership while the ground floor goes to work. Jonesborough is Tennessee's oldest town, founded in 1779, and its Main Street operates as a working commercial district rather than a preserved one. The National Storytelling Festival has brought roughly 10,000 listeners to these blocks the first weekend of every October for more than fifty years. The International Storytelling Center, one block away, presents performances Tuesday through Saturday from May through October. The Jackson Theatre, just west of the square, reopened in fall 2024 following a seven to nine million dollar restoration and seats over three hundred. The Town's event calendar carries the rest of the year: Chocolate Fest in February, structured as a ticketed walk that routes attendees into participating downtown businesses; Jonesborough Days over the Fourth of July; a Saturday farmers market from May through October; and Christmas in Olde Jonesborough through December. Johnson City and Washington County visitor spending totaled $388 million in 2025, an increase of nearly twelve percent over the prior year. The building is masonry construction on a lot of approximately 0.17 acres, with roughly 38 feet of frontage on East Main Street and three reserved parking spaces. Zoning is B-2, Jonesborough's Central Business District. Offered at $1,595,000. Offering materials and financial detail are available to qualified parties on request. Showings by appointment.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1871

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

B2

APN/PARCEL ID

060A-E-021.00

ASK ABOUT THIS PROPERTY

Ryan KetronMarcus & MillichapMore Info
423-830-2803

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Ryan KetronMarcus & MillichapMore Info
423-830-2803

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.