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2313 Browns Mill RD Johnson City, TN 37604
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Key Details
Sold Price $700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,008 sqft
Price per Sqft $87
Subdivision Not In Subdivision
MLS Listing ID 9940099
Sold Date 09/14/22
Total Fin. Sqft 8008
Originating Board Tennessee/Virginia Regional MLS
Year Built 1973
Lot Size 0.790 Acres
Acres 0.79
Lot Dimensions 34412
Property Description
3 Unit Strip center available as a stable, and sharp investment property, dance studio, salon and insurance office, with ample parking, just behind Krogers off N Roan Street in Johnson City.
Property boasts clean and professional office build outs, and 42 parking spaces on a newly sealed and striped lot.
Lease to be formulated during contract period for middle unit for 5 years. Rent bump scheduled next year.
Gross rents approximately $73,800, with low overhead. Great 1031 exchange property, or passive income for stable growth during inflation.
100% occupancy, and qualifying buyers through proof of funds, or bank letter for full showing to not disturb tenant or tenant business.
All info to be verified by buyer/buyers agent.
Location
State TN
County Washington
Community Not In Subdivision
Area 0.79
Zoning B4
Direction Turn left on Browns Mill at the krogers, strip center is just past it on the left.
Interior
Heating Electric
Cooling Heat Pump
Equipment See Remarks
Exterior
Roof Type Rubber
Road Frontage City Street
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 038i D 005.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Bought with Hazel Shipley • Mountain Heritage Realty