Mixed-Use Building with
215 E Main St Johnson City, TN 37604
For Sale
Contact for pricing
Mixed-use property features a former theater space, commercial kitchen with walk-in freezer, office/mezzanine, and large street-facing display windows.
Property Size6,712 SF
Price / SF$100.57
Days on Market331
Property Features for 215 E Main St
General Information
- Standard status
- Active
- Size
- 6,712 SF
- Property subtype
- RETAIL
Listing Agency:
Mitch Cox Realtor, Inc.
(423) 943-0530
Listed By:
Shannon K. Castillo · License #328830
(423) 943-0530
Source:
Moodyscre
Added: Aug 29, 2025
Changed: Jul 25
Last Checked: Jul 25 at 2:46AM
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 Mitch Cox Realtor, Inc.
Investment Insights
Based on property information with market context.
This mixed-use building includes a former theater space, along with a commercial kitchen that has a walk-in freezer. The property also provides office space on the upper level and mezzanine, creating flexible interior configurations for multiple operating needs.
Large display windows are located on E Main St and E Market St, offering prominent street-level visibility. The listing also notes nearby parking options, including a nearby parking garage and public parking lots.
Additional components include commercial kitchen support areas and dedicated upper-level office space, supported by the building’s street-facing storefront-style glazing on the primary retail-facing streets.
Large display windows are located on E Main St and E Market St, offering prominent street-level visibility. The listing also notes nearby parking options, including a nearby parking garage and public parking lots.
Additional components include commercial kitchen support areas and dedicated upper-level office space, supported by the building’s street-facing storefront-style glazing on the primary retail-facing streets.
Key Highlights
- Mixed‑use building for sale or lease on E Main St in Downtown Johnson City, near the intersection of Buffalo St
- Former theater space on‑site
- Commercial kitchen includes a walk‑in freezer
Financial Insights For Industrial
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 | $60.4k | $9.00 |
| − Vacancy | −$2.7k | −$0.41 |
| EGI | $57.7k | $8.59 |
| − OpEx | −$17.3k | −$2.58 |
| NOI | $40.4k | $6.02 |
6,712 SF · lease $9.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.59M
$1.39M – $1.86M
NOI $111,344 @ 7.0% cap · market cap 16.50%
Second Best
Office B
$1.42M
$1.24M – $1.65M
NOI $99,069 @ 7.0% cap · market cap 14.68%
Theoretical Best
Office A
$2.83M
$2.48M – $3.30M
NOI $198,138 @ 7.0% cap · market cap 29.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Wallace Theatre
Nightclub
Blue Moon Dinner ...
Restaurant
FAQs
What type of property is this?
Theater & concert hall - Mixed-use property features a former theater space, commercial kitchen with walk-in freezer, office/mezzanine, and large street-facing display windows.
Where is this theater & concert hall located?
The property is located at 215 E Main St Johnson City, TN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Mixed‑use building for sale or lease on E Main St in Downtown Johnson City, near the intersection of Buffalo St; Former theater space on‑site; Commercial kitchen includes a walk‑in freezer
