256 W Main Street Johnson City, TN 37604
COMMERCIAL - Johnson City, TN
- Added:
- Jan 2, 2026
- Days on Market:
- 193
- Last Refresh:
- Jul 14 at 5:06 am
Property Features for 256 W Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B2
- Standard status
- Active
- APN
- 046n K 014.00
- Size
- 2,565 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Annual Amount
- 672
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1905
- Building materials
- Brick
- Roof type
- Metal
Listing agent Alexandria Rose License #364186 (423) 383-4918
Listing office The Addington Agency Bristol 121 Bluff City Hwy, Bristol, TN (423) 845-5800
Listing date Jan 2, 2026
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.
The properties are located at 256 W Main Street in Johnson City, and the package is positioned just minutes from downtown Johnson City and ETSU, supporting a range of potential commercial and mixed-use arrangements. Buyer and buyer’s agent should verify all information.
For buyers seeking flexible ownership, this combination can support continued commercial use of the long-standing retail building while also incorporating renovation or redevelopment options for the residential property. The included vacant lot may provide room for parking or future expansion, depending on how the parcels are configured and used. If you’re evaluating a multi-parcel acquisition, this package provides multiple asset types—established retail space, a residential property requiring work, and undeveloped land—within a single purchase decision.
Key Highlights
- Three properties under $300K: a commercial building, residential fixer‑upper, and vacant lot – a single investment package.
- Prime location near downtown Johnson City and ETSU.
- 2,500+ sq ft commercial building with excellent visibility and access, previously a successful business since 1962.
Local Financial Insights For Apartment 5plus
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 | $28.3k | $11.04 |
| − Vacancy | −$2.0k | −$0.76 |
| EGI | $26.4k | $10.28 |
| − OpEx | −$11.9k | −$4.63 |
| NOI | $14.5k | $5.65 |
Alternative Uses
Property Analytics
Current Use by Public Records
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