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Downtown Commercial Condo on Tipton

124 Tipton St, Johnson City, TN 37604

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High-visibility commercial condo in downtown Johnson City, Tennessee.

Type:Mixed Use, Office, Retail

Property size:

1,475 SF

Price / SF:

$271/SF

HighLights

High‑visibility location on a prominent downtown corner.
Expansive storefront windows and abundant natural light.
Flexible, open layout with modern industrial design (exposed ductwork, high ceilings).
Located in an active corridor with established restaurants driving traffic.
B‑2 zoning allows for a wide range of commercial uses.
Three entry doors enhance accessibility.

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Contact an agent

Ryan McKinney

For Sale

Contact for pricing

High-visibility commercial condo in downtown Johnson City, Tennessee.

Type:Mixed Use, Office, Retail

Property size:

1,475 SF

Price / SF:

$271/SF

Added:: Mar 25, 2026
Days on Market:: 99
Last Refresh:: Mar 25 at 9:02 pm

Property Features for 124 Tipton St

General Information

Standard status: Active
Size: 1,475 SF
Property subtype: Mixed Use, Office, Retail

Building Details

Year Built: 1925

We can help!

Contact an agent

Ryan McKinney

Listing office KW Johnson City

Listing date Mar 25, 2026

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of KW Johnson City

HighLights

High‑visibility location on a prominent downtown corner.
Expansive storefront windows and abundant natural light.
Flexible, open layout with modern industrial design (exposed ductwork, high ceilings).
Located in an active corridor with established restaurants driving traffic.
B‑2 zoning allows for a wide range of commercial uses.
Three entry doors enhance accessibility.

Overview

Located on a prominent downtown corner in Johnson City, TN, this 1,475 SF main-level commercial condo offers high visibility. The property features expansive storefront windows wrapping two sides, providing abundant natural light and constant brand exposure to steady foot and vehicle traffic. The interior offers a clean, open layout with a modern industrial feel, including exposed ductwork and high ceilings. The flexible square footage can accommodate various business types, such as a retail concept, boutique fitness studio, office, showroom, or service-based brand. Tipton Street is an active corridor, anchored by local establishments such as Label Restaurant and Juan Siao, drawing consistent traffic to the area. The B-2 zoning and 3 entry doors allow for a wide range of commercial uses, offering both immediate opportunity and long-term flexibility. The property is located at 124 Tipton St, Johnson City, TN 37604.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$34.0k	$23.04
− Vacancy	−$1.0k	−$0.69
EGI	$33.0k	$22.35
− OpEx	−$9.9k	−$6.70
NOI	$23.1k	$15.64

1,475 SF · lease $23.04/SF/yr · vacancy 3.00% · expense 30.00%

Alternative Uses

Best Use

Retail

$329.6K

$288.4K – $384.6K (±1% cap)

NOI $23,075 @ 7.0% cap · market cap 5.77%

Second Best

Office B

$311.0K

$272.1K – $362.9K (±1% cap)

NOI $21,771 @ 7.0% cap · market cap 5.44%

Theoretical Best

Office A

$622.0K

$544.3K – $725.7K (±1% cap)

NOI $43,542 @ 7.0% cap · market cap 10.89%

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

Property Profile Location Intelligence

Current Use by Public Records

Appalachian hookah lounge ... Bar & Pub

Suggested Use

Location Insight

Map
Local Demand

City: Johnson City
County: Washington
State: Tennessee
Longitude: -82.3520246
Latitude: 36.3157463

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For sale
Mixed-use properties
TN
Johnson City
37604
124 Tipton St

What type of property is this?

Mixed-use property - High-visibility commercial condo in downtown Johnson City, Tennessee.

Where is this mixed-use property located?

The property is located at 124 Tipton St Johnson City, TN.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: High‑visibility location on a prominent downtown corner.; Expansive storefront windows and abundant natural light.; Flexible, open layout with modern industrial design (exposed ductwork, high ceilings).