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213 S Boone St 3,700 SF Retail Building Johnson City, TN 37604 $598,241 CAD ($161.69 CAD/SF)
Investment Highlights
- Within 2 miles of Johnson City's largest employers
- Plans for Mixed Use (12 Units and Retail)
- Within Half a mile of I-26
Executive Summary
In the heart of Johnson City, within 2 miles of Johnson City's largest employers (ETSU, Johnson City Medical Center and James H. Quillen VA Medical Center) 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.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,700 SF
Year Built
1930
Price
$598,241 CAD
Price Per SF
$161.69 CAD
Tenancy
Single
Building Height
1 Story
Lot Size
75.00 AC
Opportunity Zone
Yes
Zoning
B2 - Restaurant/Business/Office Space. Two lots recently combine.
Parking
20 Spaces (5.41 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Fenced Lot
Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 046N-N-028.00 | Improvements Assessment | $22,343 CAD |
| Land Assessment | $42,210 CAD | Total Assessment | $64,553 CAD |
Property Taxes
Parcel Number
046N-N-028.00
Land Assessment
$42,210 CAD
Improvements Assessment
$22,343 CAD
Total Assessment
$64,553 CAD
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213 S Boone St
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