$5,200,000
Johnson City, TN 37601
MLS# 9966216
68424 sqft
1 / 15
Property Description
Welcome to 2406 North Roan Street. This is a prime commercial investment in the heart of Johnson City, TN. Sitting on 4.91 Acres on two separate parcels; this property features include 175 car parking, 68,424 Sq/Ft of space in 3 separate buildings with a Restaurant , Bar, and what is currently a hotel. B4 Zoning and maximum exposure and easy access with a high traffic count. With over 68,000 vehicles daily from Interstate 26 and 25,000 vehicles daily from North Roan Street. The two separate parcels offer flexibility for future development for expansion or potential redevelopment for various commercial uses permitted under B4 zoning. Don't miss your chance to see this remarkable investment today! * Agents See Private Remarks * Buyers and Buyers Agents to Verify all Information
Details
Maps
Location, Tax & Legal Info
Street #: 2406
St Direction: North
Street Name: Roan
St Suffix: Street
County: Washington
State/Province: TN
Zip Code: 37601
Area: 302 - NE Johnson City
Complex/Ind Park: shiva property
Subdivision: Not In Subdivision
Deed Book #: 991
Deed Page #: 253519012747
Parcel ID: 038h C 006.00/038h C 006.04
City Taxes: 30888.8
County Taxes: 38387.82
Contract Info
Status: Active
Listing Price: 5200000
Current Price: $5,200,000
List Price/SqFt: 76
Listing Date: 2024-05-23
Buyer Broker: Yes
Buyer Broker Comm: 2.5
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lease: No
Lot Size: 213,879 sq/ft
Acres: 4.91
Zoning: B4
Year Built: 1983
Stories: 4
Total SqFt: 68424
Total SqFt Finished: 65799
Total SqFt Unfinished: 2625
# Parking Spaces: 175
HOA Y/N: No
Road Frontage Length: 344
# Restrooms: 123
Remarks & Misc
Public Remarks: Welcome to 2406 North Roan Street. This is a prime commercial investment in the heart of Johnson City, TN. Sitting on 4.91 Acres on two separate parcels; this property features include 175 car parking, 68,424 Sq/Ft of space in 3 separate buildings with a Restaurant , Bar, and what is currently a hotel. B4 Zoning and maximum exposure and easy access with a high traffic count. With over 68,000 vehicles daily from Interstate 26 and 25,000 vehicles daily from North Roan Street. The two separate parcels offer flexibility for future development for expansion or potential redevelopment for various commercial uses permitted under B4 zoning. Don't miss your chance to see this remarkable investment today!
* Agents See Private Remarks
* Buyers and Buyers Agents to Verify all Information
Directions: From Johnson City, I-26. Take exit 20 to merge onto North Roan Street. Left on North Roan Street and turn right on 2406 North Roan Street, Johnson City, TN 37601 (Days Inn)
*Call Listing Agent for questions
Property Features
Property Condition: Average
Business Type: Hotel/Motel
Exterior Finish: Brick; Concrete; Metal Siding
Other Equipment: Additional Building(s); Dryer; Elevator; Fire Alarm; Furniture; Handicap Access; Handicap Facilities; Outside Storage; Smoke Detector(s); Washer
Roof: Built-Up; Metal; Tar/Gravel
Electric Service: 220 Volts; 440 Volts
Development Status: Finished Lot(s); Infrastructure In; Subdivided
Heating: Heat Pump
AC: Heat Pump
Water: Public
Sewer: Public Sewer
Road Access: City Street; Easement; Interstate; See Remarks
Info Available: Aerial; Plat; Traffic
Restrictions: See Remarks
Easements: Rec. Right of Way
Financing: Cash; Conventional; Indiv/Seller Financing; See Remarks
Existing Finance: None
Sale Includes: Business Only; Fee Simple; See Remarks
Listing Office: Coldwell Banker Security Real Estate
Last Updated: May - 28 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.