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Revitalized District Commercial Space
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718 West Walnut St, Johnson City, TN 37604

8,120 SF commercial space in revitalized West Walnut Street district.

Property Size8,120 SF
Days on Market102

Property Features for 718 West Walnut St

General Information

Standard status Active
Size 8,120 SF
Property subtype RETAIL

Building Details

Year Built 1971
Listing Agency: Hurd Realty Johnson City
Listed By: Grant Honeycutt · License #353034
Source: Tcigroup
Added: May 27 Changed: Sep 3 Last Checked: Sep 5 at 3:45AM

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 Hurd Realty Johnson City

Investment Insights

Based on property information with market context.

Located in the revitalized West Walnut Street district, this 8,120-square-foot commercial space is within walking distance of East Tennessee State University, Downtown, Founders Park, and the Historic Tree Streets of Johnson City, Tennessee. The City's West Walnut Street Corridor Redevelopment Plan has transformed the area, connecting East Tennessee State University to downtown with upgrades to water and sewer lines and storm drains. The new design includes sidewalks on both sides, on-street parking, a bike lane, and accessible greenspaces, creating a pedestrian-friendly environment. This property combines modern infrastructure with historic district charm. It offers potential as a venue, hotel, retail space, gallery, restaurant, apartments, package store, microbrewery, municipal building, or creative workspace. Property highlights include onsite parking, a fully fenced lot, and outdoor space. The current business, Volunteer Pawn, is a well-established name in Johnson City. The business name, equipment, and inventory is also available for sale.

Key Highlights

  • Prime commercial space in the revitalized West Walnut Street district, connecting East Tennessee State University to downtown.
  • Located within walking distance to East Tennessee State University, Downtown, Founders Park, and the Historic Tree Streets.
  • 8,120‑square‑foot property offering exceptional potential for various uses** (venue, hotel, retail, restaurant, apartments, etc.).

Property Analytics

Current Use

Volunteer Pawn Discount Store Volunteer Printing Marketing & Advertising

Suggested Use

Top Pick Big Box & Wholesale Store Kitchen & Bath Showroom Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,202
Businesses Nearby
154k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 96% Shops & Services 3% Electronics 1%
Pal's Sudden Service Dining
32,938 visits/mo 0.4 miles
Cook Out Dining
31,189 visits/mo 0.5 miles
McDonald's Dining
27,484 visits/mo 0.2 miles
Wendy's Dining
18,759 visits/mo 0.4 miles
First Watch Dining
12,373 visits/mo 0.3 miles

Demographics for 37604, TN

37,025
Population
19,334
Households
1.9
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
33.0 sq mi
ZIP Area
1,122
Density / Sq Mi
$49,351
Median Household Income
$31,863
Median Earnings
$950
Median Rent
$231,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 8,120 SF commercial space in revitalized West Walnut Street district.
Where is this retail space located?
The property is located at 718 West Walnut St Johnson City, TN.
What are key features of this property?
This property features: Prime commercial space in the revitalized West Walnut Street district, connecting East Tennessee State University to downtown.; Located within walking distance to East Tennessee State University, Downtown, Founders Park, and the Historic Tree Streets.; 8,120‑square‑foot property offering exceptional potential for various uses** (venue, hotel, retail, restaurant, apartments, etc.).
More about this property
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