213 S Boone St - Restaurant FOR SALE


Johnson City, TN 37604- Downtown Johnson City
$450,000 USD
423-483-5311
213 S Boone St, Johnson City, TN for Sale
$450,000 USD
Restaurant - FOR SALE
1/31
null | Request Cap Rate

213 S Boone St
Johnson City, TN 37604
Downtown Johnson City


OVERVIEW

In the heart of Johnson City, a unique opportunity is emerging. Despite the scarcity of lots for sale in the downtown area, there lies a golden chance for investors and developers. Nestled within an Opportunity Zone, this area offers significant tax benefits for those willing to invest in the revitalization of our community. Currently, plans are in place for a mixed-use development that promises to breathe new life into the city center. This project includes retail spaces that will attract businesses and consumers alike, fostering economic growth and vibrancy. Additionally, it features 12 residential units, providing much-needed housing in a thriving urban environment.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

75 AC

LAND SF

3,267,000 SF

ZONING

B2

APN/PARCEL ID

046N-N-028.00

ASK ABOUT THIS PROPERTY

Tyler CarverCentury 21 LegacyMore Info
423-483-5311

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Tyler CarverCentury 21 LegacyMore Info
423-483-5311

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