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Mixed-Use Property with Gymnasium
For Lease
$16 SF/Yr

227 Library Ln, Johnson City, TN 37605

Existing improvements include classrooms, restrooms, a commercial kitchen, break room, gymnasium, stage, and on-site parking.

Space SizeContact for details
Property Size11,500 SF
Lot Size4.23 Acres
Days on Market56

Property Features for 227 Library Ln

General Information

Standard status Active
Size 11,500 SF
Lot size 4.23 Acres
Zoning B-3

Space & Availability

Contiguous Space 11,500 SF
Condition Shell
Sublease No

Lease Terms

Lease Rate $16 /USD/SF/YR
Rent per SF/Year $16

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

classrooms
commercial kitchen
break room
gymnasium
stage
360-degree views

Building Details

Building Size 11,500 SF
Listing Agency: Coldwell Banker Security Real Estate
Listed By: Seth Slagle · License #365948
Source: Exprealty
Added: Jun 17 Changed: Aug 9 Last Checked: Aug 10 at 8:32AM

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 Coldwell Banker Security Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property occupies 4.23 acres and includes an existing facility with multiple classrooms, restrooms, a full commercial kitchen, break room, and gymnasium with stage. The improvements can be leased as a shell for one tenant or configured for multiple occupants, while the site also supports custom development of a 5- to 10-story building. B-3 Commercial zoning, no height restrictions, and minimal setback requirements provide flexibility for office, medical, hospitality, multifamily, or institutional plans.

The property is accessed by a private drive and sits within walking distance of downtown Johnson City. Its elevated position provides 360-degree views of Buffalo Mountain and downtown, with visibility from Interstate 26. Public water, sewer, natural gas, and electricity serve the site, and on-site parking is available.

Key Highlights

  • 4.23‑acre mixed‑use property zoned B‑3 Commercial
  • Existing facility with classrooms, restrooms, commercial kitchen, break room, gymnasium, and stage
  • Custom development option for a 5- to 10‑story building

Property Analytics

Current Use

Girls Inc of Johnson ... Charitable Organization

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store Storage Facility Building Supply (Bike/Boat/Book/etc) Store HVAC Service

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

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,610
Businesses Nearby

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Existing improvements include classrooms, restrooms, a commercial kitchen, break room, gymnasium, stage, and on-site parking.
Where is this mixed-use property located?
The property is located at 227 Library Ln Johnson City, TN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 4.23‑acre mixed‑use property zoned B‑3 Commercial; Existing facility with classrooms, restrooms, commercial kitchen, break room, gymnasium, and stage; Custom development option for a 5- to 10‑story building
More about this property
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