Gray, TN Commercial Real Estate for Sale

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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
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Creekside Restaurant Property
Updated: Jun 10
Creekside Restaurant Property

4903 N Roan Street, Johnson City, TN 37615

$625,000
5,524 sqft 1.84 AC lot
5,524 SF restaurant building across three levels on 1.84 acres
Approximately 14,000 vehicles pass daily on Hwy 36
Two miles from I‑26 Exit 17
Commercial kitchen with walk‑in cooler, freezer, and pizza oven
Lower‑level bar, expansive decking, stage, and gravel parking area
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Two-Suite Storefront Property
Two-Suite Storefront Property

2423 Elizabethton Highway, Johnson City, TN 37601

$585,000
2,380 sqft 1.27 AC lot

Brick commercial building with a two-suite layout, dedicated storage, and practical utility infrastructure.

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We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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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.

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Automotive Repair Facility
Automotive Repair Facility

127 129 Cherry Street, Gray, TN 37615

$525,000
4,976 sqft 0.85 AC lot

Two buildings offer repair, office, restroom, and finished commercial areas on a commercially zoned parcel.

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Flexible Retail or Office Building
Flexible Retail or Office Building

3100 N Roan Street, Johnson City, TN 37601

$749,900
5,292 sqft 0.88 AC lot

~5,200 SF commercial building with open and office space, restrooms and dressing rooms, plus a large on-site parking lot.

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Flex Space with Freight Elevator
Flex Space with Freight Elevator

5602 Kingsport Highway, Gray, TN 37615

$879,900
7,832 sqft 1.08 AC lot

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

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Automotive Repair Facility with Paint Booth
Automotive Repair Facility with Paint Booth

127129 127 129 Cherry St, Gray, TN 37615

$525,000
4,976 sqft

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

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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.

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Commercial Warehouse with Gated Yard
Commercial Warehouse with Gated Yard

104 Center Street, Johnson City, TN 37615

$665,000
5,000 sqft

Well-maintained warehouse with large garage door, offices, HVAC, and a gated, fully fenced lot for secure access.

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Two-Level Retail Storefront
Two-Level Retail Storefront

2111 Mountcastle Drive, Johnson City, TN 37604

$1,495,000
4,350 sqft

High-end retail space with a walk-in vault, offices, bathrooms, and a second level with an added elevator shaft.

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Commercial Land With Existing Building
Commercial Land With Existing Building

3096 N Roan Street, Johnson City, TN 37601

$835,000
8,312 sqft 2.30 AC lot

Commercially zoned site with public water and sewer identified for the property.

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Brick Storefront Property
Brick Storefront Property

235 E Main Street, Johnson City, TN 37604

$300,000
2,355 sqft

Downtown commercial space with B-2 zoning, public utilities, and existing occupancy.

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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.

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Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

1306 Milligan Highway, Johnson City, TN 37601

$364,500
2,470 sqft 0.41 AC lot

Office and residential areas provide separate access, with parking, a carport, and an additional lot along Milligan Highway.

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Retail Space with Fenced Outdoor Lot
Retail Space with Fenced Outdoor Lot

718 W Walnut Street, Johnson City, TN 37604

$1,272,500
8,120 sqft 0.71 AC lot

WWD-zoned retail space with onsite parking, a fully fenced lot, and outdoor space.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

140 W Market Street, Johnson City, TN 37604

$580,000
5,000 sqft

B2-zoned property combines commercial space, a finished apartment, and substantial storage.

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B-4 Zoned Commercial Land Tract
B-4 Zoned Commercial Land Tract

6089 Bristol Highway, Johnson City, TN 37659

$954,000
2,301 sqft 3.50 AC lot

3.5-acre B-4 commercial site with existing residence and outbuildings, positioned along Bristol Highway for strong visibility.

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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.

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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.

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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.

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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.

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Historic Storefront Building
Historic Storefront Building

235 E Main St, Johnson City, TN 37604

$300,000
2,355 sqft

Occupied commercial space with B-2 zoning and public water, sewer, and electric utilities.

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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.

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Gray, TN Commercial Real Estate Market Trends and Statistics

Explore 137 commercial real estate for sale in Gray, TN, showcased through 137 active listings on our real estate platform. These investment opportunities span a total of 714,754 square feet of properties for sale, with an estimated market value of $60,236,000.

Sale prices for business properties in Gray, TN start at $74,900, averaging $899,044, 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.

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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 $720K

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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