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    142 W Market St Johnson City, TN 37604

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    For Sale
    $1,950,000

    Renovated three-story building with brewery, restaurant, and rooftop bar.

    Property size:
    10,587 SF
    Lot size:
    0.09 Acres

    Property Features for 142 W Market St

    General Information

    Size
    10,587 SF
    Lot size
    0.09 Acres

    Source: Green Commercial Realty Agent Michael E. Green, CCIM MAI SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Restaurant & Brewery Opportunity

    This renovated three-story building in downtown Johnson City, East Tennessee, presents an expansion opportunity for a restaurant and brewery. The property is located minutes from two major university campuses and the area’s largest employers. The building features a state-of-the-art craft brewing operation, bar and lounge areas on the first floor, a spacious kitchen and dining area on the second floor, and the city’s only rooftop bar with panoramic views on the third floor. All floors are accessible via an elevator and dumbwaiter. Renovated in 2020, the building includes hardwood floors, exposed brick walls, and wooden beams. The property contains eight restrooms and offers space for guests. The building has a total area of 10587 square feet. This turnkey property is suitable for regional or national branding efforts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    District Public Defender Attorney Watauga Brewing Company Brewery

    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.

    Similar Places Nearby

    Street Eats

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.3512348
    Latitude
    36.3175114

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    FAQs

    What type of property is this?
    Restaurant - Renovated three-story building with brewery, restaurant, and rooftop bar.
    Where is this restaurant located?
    The property is located at 142 W Market St Johnson City, TN.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Prime location in downtown Johnson City, East Tennessee, near universities and major employers.; - Fully equipped, state-of-the-art craft brewing operation and restaurant space.; - Unique rooftop bar with panoramic views - the only one in the city.
    (423) 677-8494
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    142 W Market St Johnson City, TN 37604
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    Johnson City, TN 37604
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    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
    142 W Market St Johnson City, TN 37604
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