Commercial Building with Office
1001 N Roan Street Johnson City, TN 37601
1001 N Roan Street, Johnson City, TN, 37601
$425,000
For Sale
$425,000
COMMERCIAL - Johnson City, TN
Property Size2,600 SF
Price / SF$163.46
Days on Market134
Property Features for 1001 N Roan Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-4
- Parking
- 12
- Standard status
- Active
- APN
- 046k E 023.00
- Size
- 2,600 SF
Taxes and HOA fees
- Tax Annual Amount
- 1123
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1975
- Building materials
- Stone, Wood Siding
- Roof type
- Shingle
Listing Agency
The Brokers Realty
(423) 631-0355
112 E Watauga Ave, TN
Listed by
J. Alan McInturff · License #218646
(423) 571-5381
Added: Mar 5 Checked: Jul 17 at 4:06 pm
MLS# 9991948
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial building in Johnson City, Tennessee, offers a rare opportunity with eight individual office spaces, each featuring a private entrance. The property benefits from an advantageous location and generates positive cash flow with its current tenants. The building's layout is designed to accommodate a wide range of potential growth, maximizing rental income. Each office space is equipped with its own heating and air system. The complex includes two bathrooms. The exterior of the building is constructed with stone and wood. Ample parking spaces are available. The property is zoned B-4. The building has a total area of 2600 square feet.
Key Highlights
- Positive cash flow with current tenants.
- Eight individual office spaces, each with a private entrance.
- Excellent location.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.4k | $24.00 |
| − Vacancy | −$11.2k | −$4.32 |
| EGI | $51.2k | $19.68 |
| − OpEx | −$12.8k | −$4.92 |
| NOI | $38.4k | $14.76 |
2,600 SF · lease $24.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$548.2K
$479.7K – $639.6K
NOI $38,376 @ 7.0% cap · market cap 9.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$959.4K – $1.28M
NOI $76,752 @ 7.0% cap · market cap 18.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kingsport Counseling Associates
Counselor
Roadrunner
Grocery & Convenience Store
Pauley’s stationery shop
(Bike/Boat/Book/etc) Store
ATM
Atm
Coin Cloud Bitcoin ...
Atm
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FAQs
What type of property is this?
Office units - Commercial building featuring eight individual office spaces in Johnson City.
Where is this office units located?
The property is located at 1001 N Roan Street Johnson City, TN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Positive cash flow with current tenants.; Eight individual office spaces, each with a private entrance.; Excellent location.
