501 West Walnut Street Johnson City, TN $ 625,000
501 West Walnut Street
$ 625,000
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501 West Walnut Street

Johnson City, TN, 37604
$ 625,000
Bedrooms-- Baths-- Sq 3,652

Monthly Estimate*

$ 3,899

501 West Walnut Street, Johnson City, TN 37604 - Image 1
501 West Walnut Street, Johnson City, TN 37604 - Image 2
501 West Walnut Street, Johnson City, TN 37604 - Image 3
501 West Walnut Street, Johnson City, TN 37604 - Image 4
501 West Walnut Street, Johnson City, TN 37604 - Image 5
501 West Walnut Street, Johnson City, TN 37604 - Image 6
501 West Walnut Street, Johnson City, TN 37604 - Image 7

Commercial Property for sale in Johnson City, TN

for $625,000. This 3,652 square foot building was built in 1920 on a lot size of 0.24.

This classic building is over 100 years of age, located in the West Walnut Redevelopment District and prominently located on the corner across the Street from the remodeled Model Mill. Excellent location for restaurant, specialty retail, or other business venture. The interior boosts 3,652 sq. ft. of space and additional 20' x 82' floored attic for storage. New double hung windows are being installed in the front of the building. There is a privacy patio that offers 1,840' sq. ft. of outside dinning space or could be used to hold various venues. All utility hook ups have been made, including 2 fully functioning bathrooms. Many interior upgrades have been made. This property is located in a Tax Increment Financing District. There is an alarm that will go off when you open the front door. Just close the door and it will turn off the alarm.

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Commercial Pending

Price

$ 625,000

Property Type

Commercial

Taxes

$ 2,561

Style

Lot Size

0.24

Year Built

1920

Town/City

Johnson City

County/Region

Washington

MLS | Web ID

9972746

Features
General
Sewer Public Sewer
Heating CHW System
Cooling Central Air
Utilities Phone Available Sewer Available Water Available Natural Gas Available Underground Utilities
Roof Asphalt
Development Status Subdivided
Zoning WWD
Construction Materials Block Frame
Year Built 1920
Electric 220 Volts Other
Business Type Office/Showroom Restaurant Retail Vacant
County Washington
New Construction N
Property Type Commercial Sale
HOA N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Pending
Directions From University Parkway take State of Franklin Road and turn right onto Sevier Street beside The Model Mill. Property is located on the corner of W. Walnut Street & Sevier Street.
City Johnson City
MLS Area 304 - SW Johnson City
Lot Size Units Acres
Lot Size Square Feet 10454.4
Carport Y/N N
Land Lease Y/N N
Current Financing None
Property Condition Average
Lease Renewal Y/N N
MLS Area Minor 304 - SW Johnson City
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Cash True
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Exterior
Water Source Public
Total Parking 25.0
Lot Size Area 0.24
Spa N
Building Area Total 3652.0
Lot Dimensions 74.29' x 141.50'
Lot Size Acres 0.24
Road Frontage Type City Street Alley
Other Equipment Display Window
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 501
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* Excluded Features
List By
David Lefemine

Listing Agent

Lefemine Commercial Properties, Llc

Broker

lefeminecommercial@outlook.com

Email

Affordability Calculator

$4,113
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,899
Monthly Property Taxes
$213
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
857276 Elementary School
857482 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/25/2024$625,000 Listed Price

Map


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501 West Walnut Street, Johnson City, TN, 37604 is a Commercial Property for sale at $625,000 with 3,652 sqft and a lot size of 0.24. 501 West Walnut Street was built in 1920. The property's zip code is 37604 which is in Johnson City, TN