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128 East Market Street
Johnson City TN 37604 US

$690,000

Active Listing ID 9966006
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Lot: 0.09 Acres
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Other

$690,000

Active Listing ID 9966006
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128 East Market Street Fantastic opportunity to own a piece of Downtown Johnson City!!! SELLER WILL CONSIDER OWNER FINANCING/LEASE-PURCHASE. Centrally located in the Downtown Historic District, this professionally decorated building provides opportunities for many types of businesses. The space contains two suites (Suite 1 offers a small reception area/office, two private offices, a conference room, and a kitchenette, Suite 2 offers a reception area, an open office, a private office, a conference room, and a kitchenette), three additional offices, two bathrooms and a basement. In total there is the potential for nine/ten offices, if the conference rooms are included. Tenants are on a month to month verbal lease, Current rents are below market rates. Doubling rents could yield a cap of 9.3%, based on current expenses. Possession to be 60 days from binding agreement date to close. New commercial rubber roof with 40-year life and 15-year warranty in 2023, newer furnace in 2020, two heat pumps-one new in 2023, shower in men's bathroom. Front entrance is on Market St and back entrance is on Main St, with wheelchair access from Main St.. Property is zoned B-2 for both business and residential use. Changes to the building exterior could require approval by the Historic Zoning Comm. Ask LA for City contact info. One conference table, four matching chairs, two reception chairs, one sofa, one bureau, one armoire, and one large file cabinet convey, if requested. Wall tapestry does not convey. All information is deemed reliable but not guaranteed. Buyers/Buyers Agent to verify all information.

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Cooling System: Heat Pumps
  • Roof Type: Rubber
  • Heating Fuels: Central Furnace

Property

  • propertytype: Other
  • propertysubtype: Other
  • listprice: 690000
  • unparsedaddress: 128 East Market Street
  • postalcity: Johnson City
  • stateorprovince: TN
  • country: US
  • postalcode: 37604
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.09
  • lotsizeunits: Acres
  • lotsizearea: 0.09
  • livingarea: 4330
  • livingareaunits: Square Feet
  • latitude: 36.317115
  • longitude: -82.351555
  • listagentfullname: Kelsey Barklow
  • listagentemail: kbarklow@gmail.com
  • listagentkey: 3yd-TVARMLS-31095
  • listagentmlsid: 31095
  • listagentpreferredphone: 4239489154
  • listagentofficephone: 4234918335
  • listofficekey: 3yd-TVARMLS-1204
  • listofficemlsid: 1204
  • disclaimer: Copyright © 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • yearbuilt: 1916
  • listingcontractdate: 2024-05-14
  • listagenturl: http://hurdrealtytn.com
  • countyorparish: Washington
  • parcelnumber: 046m E 007.00
  • cooling: Heat Pumps
  • constructionmaterials: Brick, Stucco, Synthetic Stucco
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Rubber
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.351555, 36.317116
  • customfields: {"AlternatePrices":[], "BrokerName":"Hurd Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kbarklow@gmail.com", "ListBrokerageCity":"Johnson City", "ListBrokerageCountry":"US", "ListBrokerageEmail":"benhurd@hurdrealtytn.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Hurd Realty", "ListBrokeragePhone":"(423) 491-8335", "ListBrokeragePostalCode":"37615", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":"Suite 1", "ListBrokerageUnparsedAddress":"110 KLM Drive", "ListBrokerageWebsiteUrl":"http://hurdrealtytn.com", "ListOfficeAddress1":"110 KLM Drive", "ListOfficeAddress2":"Suite 1", "ListOfficeBrokerMlsId":"31449", "ListOfficeCity":"Johnson City", "ListOfficeCountry":"US", "ListOfficeEmail":"pamhurdrealtor@gmail.com", "ListOfficePostalCode":"37615", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Johnson City, TN", "ListingURL":"https://listings.listhub.net/pages/TVARMLS/9966006/?channel=rexren", "MLSModificationTimestamp":"2024-08-17T10:47:46Z", "Neighborhoods":[{"Description":null, "Name":"301 - NW Johnson City"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2341.15, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/10/2024 2:34:41 PM GMT
Source Updated Date: 9/20/2024 6:48:24 AM GMT

Courtesy of: Kelsey Barklow, Hurd Realty, LLC, kbarklow@gmail.com

Copyright © 2024 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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