Johnson City, TN Commercial Real Estate for Sale

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Updated: May 1

Versatile Mixed-Use Property, Johnson City

1306 Milligan Highway, Johnson City, TN 37601

$364,500

2,470 sqft 0.41 AC lot

Office building with apartment and two lots on Milligan Highway.
Functional office space with half bath.
Apartment with bathroom, kitchen/dining area, living room, laundry room, and separate access.
Mini‑split in the apartment.
Good size parking area with carport and easy access to Milligan Highway.

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This listing looks promising.

Here's a quick look at some key insights for

1306 Milligan Highway, Johnson City, TN 37601

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Est. Cap Rate

8.2%
Above avg (5.9%)
Est. NOI

$30K
Annual
Price @ 7% Cap

$429K
Above asking
Property Type

Retail Stores
Built 1946

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Updated: Jul 20

Retail Storefront with Vault Buildout

2111 W Mountcastle Drive, Johnson City, TN 37604

$1,495,000

4,350 sqft 0.39 AC lot

1986‑built high‑end retail space with synthetic stucco exterior and shingle/asphalt roof
Heat pump heating and heat pump cooling, with public water and public sewer
High‑visibility, high‑traffic retail location; property is ready for jewelry, gun, or other retail use
Includes a walk‑in vault, kitchen area, offices, and bathrooms
Second level includes an additional 4,350 SF for a future phase and features a new elevator shaft for expansion

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Multi-Level Restaurant and Event Venue

4903 N Roan Street, Johnson City, TN 37615

$650,000

5,524 sqft 1.84 AC lot

Three-level restaurant and bar building with a commercial kitchen, outdoor decking, stage, and creek-side setting on 1.84 acres.

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Commercial Property in Gray, TN

127 129 Cherry Street, Gray, TN 37615

$525,000

4,976 sqft 0.85 AC lot

Commercial space in Gray, TN, suitable for retail or automotive.

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Multi-Use Restaurant and Event Venue

4903 Roan Street, Johnson City, TN 37615

$650,000

5,524 sqft 1.84 AC lot

Visible, creekside three-level facility with full kitchen, bar, and outdoor event space for restaurant, hospitality, or catering use.

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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 Truck Dock

5602 Kingsport Highway, Gray, TN 37615

$879,900

7,832 sqft 1.08 AC lot

Two-level flex space with upper showroom/office areas and a downstairs truck dock for loading and distribution.

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Three-Story Office Building

2710 S Roan Street, Johnson City, TN 37601

$849,000

11,104 sqft 1.03 AC lot

Fully renovated three-story office building with multiple private offices, bullpen areas, conference room, and two secure vaults.

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Flex Space with Truck Dock

5602 Kingsport Hwy, Johnson City, TN 37615

$879,900

7,832 sqft 1.08 AC lot

Built-out upper showroom and offices pair with a temperature-moderate lower level and truck dock for efficient loading.

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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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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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Commercial Building with On-Site Parking

3100 N Roan Street, Johnson City, TN 37601

$899,900

5,292 sqft

5,200-square-foot commercial building with open office areas, existing offices, restrooms, dressing rooms, and a large parking lot.

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High Exposure Commercial Opportunity

3096 N Roan Street, Johnson City, TN 37601

$835,000

8,312 sqft 2.30 AC lot

Prime commercial land with high visibility and traffic.

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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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Downtown Retail Property with Fenced Lot

718 W Walnut Street, Johnson City, TN 37604

$1,272,500

8,120 sqft 0.71 AC lot

For-sale retail property featuring onsite parking, a fully fenced lot, and outdoor space in Johnson City’s West Walnut Street district.

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Corner Retail Condo with Large Windows

124 Tipton Street, Johnson City, TN 37604

$360,000

1,475 sqft

Main-level commercial condo with open layout, high ceilings, and storefront windows wrapping two sides on a downtown corner.

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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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Single-Story Metal Flex Warehouse

108 Water Street, Johnson City, TN 37601

$479,000

300 sqft

Single-story warehouse with finished office, kitchen and bath, steel truss framing, and metal building/roof.

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Office Building with Metal Roof

534 & 528 West Market Street, Johnson City, TN 37604

$375,000

996 sqft

Office building with four offices, kitchen, one restroom, and a newer metal roof, plus ample parking.

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Two-Story Downtown Mixed-Use Building

140 W Market Street, Johnson City, TN 37604

$600,000

5,000 sqft 0.05 AC lot

Two-story building offers lower-level business space plus a finished apartment and significant storage on upper level.

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Remodeled Retail Storefront with Loading

331 W Walnut St, Johnson City, TN 37601

$559,900

3,500 sqft

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

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Multi-Tenant Office Building

1001 N Roan Street, Johnson City, TN 37601

$400,000

2,600 sqft

A commercial office building offering eight individual suites, each with a private entrance and its own heating and air.

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Flex Space with Showroom and Dock

5602 Kingsport Hwy, Gray, TN 37615

Contact for pricing

7,834 sqft 1.08 AC lot

Built-out upper showroom and office areas, plus a downstairs warehouse with a truck dock and replaced HVAC.

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Downtown Johnson City Commercial Building

83 Buffalo Street, Johnson City, TN 37604

$1,200,000

9,108 sqft

Commercial building in revitalized downtown Johnson City with high foot traffic.

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Johnson City, TN Commercial Real Estate Market Trends and Statistics

Explore 116 commercial real estate for sale in Johnson City, TN, showcased through 116 active listings on our real estate platform. These investment opportunities span a total of 435,690 square feet of properties for sale, with an estimated market value of $50,179,600.

Sale prices for business properties in Johnson City, TN start at $84,900, averaging $912,356, 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 102K

Population Growth (5Y) +5.2%

Median Household Income $55,298

College Educated 39.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
Jonesborough	$954K
Johnson City	$1.4M

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Johnson City fall within the 10,000 to 25,000 square foot range.

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