401 E Myrtle - Freestanding FOR SALE


Johnson City, TN 37601- Downtown Johnson City
$675,000 USD
423-218-9554
401 E Myrtle, Johnson City, TN for Sale
$675,000 USD
Freestanding - FOR SALE
1/41
null | Request Cap Rate

NEW


401 E Myrtle
Johnson City, TN 37601
Downtown Johnson City


HIGHLIGHTS

  • Visability from I-26 with 61,000 vehicles/day
  • Multi-use building
  • 3 seperate spaces

OVERVIEW

Located just off I-26 and Exit 22, at the corner of Elm Street and E Myrtle Ave, this 4,147 sq ft commercial building offers exceptional visibility from I-26 with an average daily traffic count of over 61,000 vehicles. The property features three individual commercial units, two of which are currently occupied providing immediate rental income. The remaining vacant unit is currently configured with multiple offices, offering flexibility for office, retail, or service-based use. Situated on a large, level lot, the property includes ample parking and a spacious backyard area that offers endless potential—ideal for outdoor seating, patio expansion, events, or additional business use. This is an ideal opportunity for an owner-user or investor seeking a highly visible, income-producing property in one of Johnson City's most accessible commercial corridors. Listing is for entire building (401A, 401B, and 403).

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,002 SF

ZONING

B-3

APN/PARCEL ID

046K N 026.00,046K-N-026.00

ASK ABOUT THIS PROPERTY

ALEXIS GREENEFoundation Realty Group; Gray,TNMore Info
423-218-9554

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ALEXIS GREENEFoundation Realty Group; Gray,TNMore Info
423-218-9554

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