For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Shop on Highway Corridor Title is generated by Realmo AI

    1802 Highway 81 N, Jonesborough, TN 37659

    View on Map
    Claim this Listing
    For Sale
    $350,000

    Versatile commercial shop with outdoor space and convenient access along Highway 81 South in Jonesborough, TN.

    Property size:
    1,200 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $291/SF
    Added:
    May 14, 2026
    Days on Market:
    29
    Last Refresh:
    Jun 11 at 1:55 am

    Property Features for 1802 Highway 81 N

    General Information

    Standard status
    Active
    Size
    1,200 SF
    Lot size
    0.50 Acres

    We can help!

    Listing Contact
    Dustin Jeffers

    Listing agent Dustin Jeffers License #378503

    Listing office KW Johnson City

    Listing date May 14, 2026

    Source Exprealty

    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

    • 1,200 SF commercial shop at 1802 Highway 81 South in Jonesborough, TN 37659
    • Approx. 0.50‑acre lot (subject to final survey), with a boundary adjustment to the adjoining property
    • High‑visibility location along Highway 81 South with convenient access to Jonesborough and Johnson City
    • Flexible building space for retail, service, workshop, storage, or light commercial uses
    • Outdoor space for parking, equipment, or future improvements (subject to zoning/approval)

    Overview

    The property is a 1,200 square foot commercial shop built for flexible use, with space suitable for retail, service, workshop, storage, or other light commercial needs. The offering includes an approximately 0.50-acre lot, with a surveyed adjustment that includes conveying a small portion to the adjoining neighboring property to create the final adjusted parcel. The exterior grounds provide room for parking and day-to-day operational needs such as equipment staging or potential future improvements, subject to zoning and approval.

    Located along Highway 81 South in Jonesborough, the site is positioned for visibility and straightforward customer or delivery access. The property is described as being on a well-traveled corridor with convenient access to Jonesborough and the surrounding area, including Johnson City.

    This is a practical fit for an owner-operator seeking an affordable commercial building with flexible interior layout and outdoor space, as well as for buyers evaluating a small retail or service property. The combination of a dedicated shop building and an outdoor lot supports day-to-day operations where customers, vehicles, or equipment need to be accommodated on-site, subject to any applicable zoning requirements and approvals.

    Local Financial Insights For Retail

    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 $27.6k $23.04
    − Vacancy −$829 −$0.69
    EGI $26.8k $22.35
    − OpEx −$8.0k −$6.70
    NOI $18.8k $15.64
    1,200 SF · lease $23.04/SF/yr · vacancy 3.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $268.2K
    $234.7K – $312.9K (±1% cap)
    NOI $18,773 @ 7.0% cap · market cap 5.36%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $506.1K
    $442.8K – $590.4K (±1% cap)
    NOI $35,424 @ 7.0% cap · market cap 10.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Steve's Small Engine ... Auto Repair Shop

    Suggested Use

    Law Firm Building Supply Auto Repair Shop Gym & Fitness Center Department Store Kitchen & Bath Showroom Storage Facility Discount Store Clothing & Fashion Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesborough
    County
    Washington
    State
    Tennessee
    Longitude
    -82.47465
    Latitude
    36.272194

    FAQs

    What type of property is this?
    Storefront property - Versatile commercial shop with outdoor space and convenient access along Highway 81 South in Jonesborough, TN.
    Where is this storefront property located?
    The property is located at 1802 Highway 81 N Jonesborough, TN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 1,200 SF commercial shop at 1802 Highway 81 South in Jonesborough, TN 37659; Approx. 0.50‑acre lot (subject to final survey), with a boundary adjustment to the adjoining property; High‑visibility location along Highway 81 South with convenient access to Jonesborough and Johnson City
    More about this property
    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