Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    331 W Walnut St Johnson City, TN 37604

    Sponsored
    For Sale
    $649,500

    COMMERCIAL - Johnson City, TN

    Property size:
    3,500 SF
    Lot size:
    0.08 Acres
    Days on Market:
    83
    Last Refresh:
    Jan 6 at 10:06 pm

    Property Features for 331 W Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commerical
    APN
    054d N 008.00
    Size
    3,500 SF
    Lot size
    0.08 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air, Heat Pump
    Water source
    Public

    Building Details

    Year built
    1947
    Building materials
    Brick
    Roof type
    Metal, Tar/Gravel

    Hurd Realty (423) 491-8335 [email protected]

    Listing agent Shannon Clark (423) 232-8855 License #354489

    Listing date Oct 16, 2025

    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.

    Overview

    Remodeled Commercial Space, Johnson City

    This 3,500 square feet commercial property is located in the revitalized West Walnut Street district of downtown Johnson City. The area is undergoing extensive redevelopment, including underground utilities, street lighting, street parking, sidewalks, bike lanes, hanging flower baskets, and parks. The property features a new HVAC system, updated electrical with modern lighting, a new water heater and bathroom, and a new garage door in the rear alley. The building also includes a glass garage door at the front, new windows and an exterior door, fresh interior and exterior paint, and a new awning. The property is suitable for a retail storefront, gallery, restaurant, or creative workspace. The zoning is commercial. The lot size is 0.08 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paul Webb Designs Furniture Maker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.352686
    Latitude
    36.312472

    Nearby Similar for Sale

    • $725,000
      9,569 SF

      Retail Center in Prime Location

      Strip-style retail center with income potential in thriving Johnson City.
      701 W Market St, Johnson City, TN 37604
      View Details
    • $1,700,000
      8,942 SF

      Johnson City Multifamily Investment Opportunity

      16-unit apartment portfolio near ETSU and Milligan University.
      Johnson City, TN 37601
      View Details
    • $2,400,000
      2.70 Acres

      25-Unit Apartment Complex Investment

      Multi-family investment opportunity in Johnson City, Tennessee.
      1106 Fremont Dr, Johnson City, TN 37601
      View Details
    • $450,000
      7,890 SF

      Versatile Commercial Building on Two Acres

      7,890 SF commercial building on 2 acres for sale.
      1801 W Lakeview Dr, Johnson City, TN 37601
      View Details
    • $1,498,000
      6,264 SF

      Class A Office Space

      Exceptional office space in North Johnson City, Tennessee.
      411 Princeton Rd, Johnson City, TN 37601
      View Details
    • $799,000
      Pending

      Investment Property with Owner Financing

      Multi-family investment opportunity near Gray Station Road with owner financing.
      166-178 Gray Station Rd, Johnson City, TN 37615
      View Details
    • $1,575,000
      1.10 Acres

      Johnson City 12-Unit Apartment Complex

      Well-maintained 12-unit apartment complex in Johnson City, Tennessee.
      1308 Knob Creek Rd, Johnson City, TN 37604
      View Details
    • $525,000
      0.85 Acres

      Commercial Space in Johnson City

      Centrally located commercial space suitable for various business uses.
      127 Cherry St, Johnson City, TN 37615
      View Details
    • $650,000
      4,147 SF

      High-Visibility Commercial Building For Sale

      Income-producing commercial building with high visibility and development potential.
      401 Elm St, Johnson City, TN 37601
      View Details
    • New
      $524,900
      1,764 SF

      Multifamily Property: Strong Cash Flow

      Three-unit property with consistent rental income and versatile tenant appeal.
      3536/3538 W Walnut St, Johnson City, TN 37604
      View Details
    • $399,000
      Pending

      Johnson City Duplex on Acreage

      Permitted duplex with potential for additional units on 1.03 acres.
      3907 Timberlake Rd, Johnson City, TN 37601
      View Details
    • $250,000
      Pending

      Johnson City Triplex Investment Opportunity

      Fully occupied triplex near downtown Johnson City, Tennessee.
      607 E Watauga Ave, Johnson City, TN 37601
      View Details

    FAQs

    What type of property is this?
    Storefront property - 3,500 SF remodeled property in revitalized downtown district.
    Where is this storefront property located?
    The property is located at 331 W Walnut St Johnson City, TN.
    What is the asking price?
    The asking price for this property is $649,500.
    What are key features of this property?
    This property features: - Prime commercial space in revitalized West Walnut Street district.; - Remodeled 3,500 square feet property with modern infrastructure and historic district charm.; - Brand-new HVAC system, updated electrical, new water heater and bathroom.
    (423) 232-8855
    Request Owner's contact information
    331 W Walnut St Johnson City, TN 37604
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    331 W Walnut St
    Johnson City, TN 37604
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    331 W Walnut St Johnson City, TN 37604
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.