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Gray, TN

Gray, TN Commercial Real Estate for Sale

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Elizabethton, TN Jonesborough, TN Unicoi, TN Piney Flats, TN Watauga, TN Hampton, TN Erwin, TN Telford, TN

93 properties

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Storefront Property with Expansion Area

Updated: Jul 20

Storefront Property with Expansion Area

2111 W Mountcastle Drive, Johnson City, TN 37604

$1,495,000

4,350 sqft 0.39 AC lot

4,350‑square‑foot retail building on 0.39 acres
Additional 4,350 square feet on the second level
Walk‑in vault, kitchen area, offices, and bathrooms
New elevator shaft for a future expansion phase
B‑4 zoning with public water and public sewer

Restaurant Property with Creek

Updated: Jun 10

Restaurant Property with Creek

4903 N Roan Street, Johnson City, TN 37615

$625,000

5,524 sqft 1.84 AC lot

1.84‑acre property with a creek running through the site
5,524 square feet of finished space across three levels
Commercial kitchen includes a walk‑in cooler, freezer, and pizza oven
Lower‑level bar, outdoor decking, stage, and gravel parking and gathering area
Approximately 14,000 vehicles pass daily on Hwy 36; 2 miles from I‑26 Exit 17

Brick Shopping Center

Brick Shopping Center

1121 N Roan Street, Johnson City, TN 37601

$1,950,000

39,248 sqft 2.00 AC lot

Established commercial property with public utilities, natural gas heat, and heat pump cooling.

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Three-Level Restaurant with Creek

Three-Level Restaurant with Creek

4903 North Roan St, Johnson City, TN 37615

$625,000

5,524 sqft 1.84 AC lot

Commercial kitchen, bar, outdoor decking, stage, and event areas support restaurant and hospitality operations.

Flex Space with Freight Elevator

Flex Space with Freight Elevator

5602 Kingsport Highway, Gray, TN 37615

$829,900

7,832 sqft 1.08 AC lot

Versatile commercial facility combining finished customer-facing areas with warehouse functionality and B4 zoning.

Freestanding Retail Building

Freestanding Retail Building

3096 N Roan Street, Johnson City, TN 37601

$835,000

8,312 sqft 2.30 AC lot

Commercial property with broad retail, office, medical, or redevelopment potential and public water and sewer service.

Two-Story Specialty Property

Two-Story Specialty Property

905 Buffalo Street, Johnson City, TN 37604

$997,000

12,906 sqft

Brick construction and multiple entry points offer access to both levels, with one entrance serving the upper floor.

Two-Suite Storefront Building

Two-Suite Storefront Building

2423 Elizabethton Highway 1&2, Johnson City, TN 37601

$585,000

2,380 sqft

The two-suite layout offers separate spaces for an operating business and a potential tenant.

Two-Story Mixed-Use Building

Two-Story Mixed-Use Building

140 W Market Street, Johnson City, TN 37604

$580,000

5,000 sqft 0.05 AC lot

B2-zoned property combines an established commercial operation with flexible upper-floor space and an existing apartment.

Flex Space

Flex Space

3545 W Market Street, Johnson City, TN 37604

$2,000,000

13,030 sqft

The property includes public water service and B 4 zoning.

Shopping Center with Finished Space

Shopping Center with Finished Space

1121 North Roan St, Johnson City, TN 37601

$1,950,000

39,248 sqft

Established commercial property on North Roan Street near shopping, dining, medical facilities, and other businesses.

B4 Commercial Development Land

B4 Commercial Development Land

6089 Bristol Highway, Johnson City, TN 37659

$954,000

2,301 sqft 3.50 AC lot

Commercial tract with existing improvements, highway exposure, and flexible B4 zoning for varied development concepts.

Auto Shop with Second Building

Auto Shop with Second Building

129 Cherry Street, Gray, TN 37615

$465,000

4,976 sqft 0.85 AC lot

A separate finished building adds space with a restroom, gas heat, and electric air conditioning.

Automotive Repair Facility with Paint Booth

Automotive Repair Facility with Paint Booth

127129 127 129 Cherry St, Gray, TN 37615

$465,000

4,976 sqft

Two-building commercial property with repair-shop infrastructure, finished retail space, and separate drive access.

Fenced Flex Space With Offices

Fenced Flex Space With Offices

104 Center Street, Johnson City, TN 37615

$665,000

5,000 sqft

Commercially zoned facility with dedicated offices, loading access, and secure gated entry.

Downtown Storefront Property

Downtown Storefront Property

235 E Main Street, Johnson City, TN 37604

$300,000

2,355 sqft

Historic retail building with an established tenant, B-2 zoning, and public utility connections.

Remodeled Retail Storefront with Loading

Remodeled Retail Storefront with Loading

331 West Walnut St, Johnson City, TN 37604

$559,900

3,500 sqft

Remodeled storefront with brand-new HVAC, updated electrical, and rear alley garage door access for straightforward deliveries.

Corner Storefront Property

Corner Storefront Property

124 Tipton Street, Johnson City, TN 37604

$360,000

1,475 sqft

B-2 zoning supports multiple commercial uses in an open, naturally lit space.

Commercial Storefront Building

Commercial Storefront Building

3096 N Roan St, Johnson City, TN 37601

$835,000

8,312 sqft

Commercially zoned property along a heavily traveled corridor near retail, restaurant, healthcare, and service businesses.

Multi-Suite Office Building

Multi-Suite Office Building

1001 N Roan Street, Johnson City, TN 37601

$374,900

2,600 sqft

B-4-zoned office property with individually accessed suites, private climate control, and on-site parking.

Mixed-Use Office and Apartment

Mixed-Use Office and Apartment

1306 Milligan Hwy, Johnson City, TN 37601

$364,500

2,470 sqft

Office and apartment areas occupy separate levels, with independent lower-level access and rear parking.

Fully Occupied Shopping Center

Fully Occupied Shopping Center

1950 S Roan Street, Johnson City, TN 37601

$5,000,000

54,295 sqft 4.30 AC lot

Established retail center with multiple named tenants, public utilities, central HVAC, and B 4 zoning.

Freestanding Warehouse with Loading Door

Freestanding Warehouse with Loading Door

104 Center St, Johnson City, TN 37615

$665,000

5,000 sqft

5,000 sq ft warehouse with a large garage door, offices, conference room, and fenced, gated lot for controlled access.

Commercial Land with Road Frontage

Commercial Land with Road Frontage

5207 N Roan Street, Gray, TN 37615

$949,900

1,762 sqft 3.70 AC lot

Commercial-zoned land totaling 3.7 acres with substantial road frontage and an on-site brick ranch home.

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Gray, TN Commercial Real Estate Market Trends and Statistics

Explore 93 commercial real estate for sale in Gray, TN, showcased through 93 active listings on our real estate platform. These investment opportunities span a total of 651,513 square feet of properties for sale, with an estimated market value of $52,033,500.

Sale prices for business properties in Gray, TN start at $74,900, averaging $963,583, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Gray, TN CRE market trends — vacancy, lease rates and price per SF, updated monthly

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Demographics Overview

Population 22K

Population Growth (5Y) +0.9%

Median Household Income $75,556

College Educated 57.0%

High-Yield Neighborhoods for Investment

Identify Gray submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Johnson City - 37615	$677.5K

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

How Realmo verifies these figures

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