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Remodeled Downtown Storefront
For Sale
$550,000

331 W Walnut Street, Johnson City, TN 37604

COMMERCIAL - Johnson City, TN

Property Size3,500 SF
Lot Size0.08 Acres
Price / SF$157.14
Days on Market373

Property Features for 331 W Walnut Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commerical
Subdivision Southwest Addition
Directions From Buffalo Street turn onto W Walnut Street. The property will be on your left in 450 feet.
Standard status Active
APN 054d N 008.00
Size 3,500 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 568

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air, Heat Pump
Water source Public

Amenities

brand-new HVAC system
updated electrical with modern lighting
new water heater
new bathroom
new garage door in rear alley
glass garage door at front
all new windows
new exterior door
fresh interior and exterior paint
stylish new awning

Building Details

Year built 1947
Building materials Brick
Roof type Tar/Gravel, Metal
Listing Agency: Hurd Realty, LLC
Listed By: Shannon Clark · License #354489
Added: Aug 8, 2025 Changed: Aug 14 Last Checked: Aug 15 at 3:06AM
MLS# 9984276

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,500-square-foot storefront property combines a remodeled interior with a brick exterior and a commercial setting in downtown Johnson City. Improvements include a brand-new HVAC system, updated electrical service and lighting, a new water heater and bathroom, replacement windows, an exterior door, and fresh interior and exterior paint. A glass garage door fronts the building, while a second garage door at the rear alley supports loading access. The property also has a new awning and tar/gravel and metal roofing components.

Located in the West Walnut Street district, the property benefits from public sidewalks, bike lanes, street parking, parks, street lighting, and underground utilities in the surrounding redevelopment area. Natural gas is available, with public water and public sewer serving the property. Built in 1947, the 0.08-acre site offers a practical storefront setting for retail, gallery, restaurant, or creative workspace use as described in the property information.

Key Highlights

  • 3,500‑square‑foot remodeled storefront property
  • 0.08‑acre site in downtown Johnson City's West Walnut Street district
  • Brand‑new HVAC, updated electrical, new water heater, and new bathroom

Property Analytics

Current Use

Paul Webb Designs Production Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Florist Tanning Salon Restaurant

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

31
Businesses Nearby
Balanced
Demand for This Use

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Anna Marie's Florist 905 W Watauga Ave, Johnson City, TN 37604

Frequently Asked Questions

What type of property is this?
Storefront property - Updated commercial space with loading access, modern building systems, and a flexible interior suited to several business formats.
Where is this storefront property located?
The property is located at 331 W Walnut Street Johnson City, TN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,500‑square‑foot remodeled storefront property; 0.08‑acre site in downtown Johnson City's West Walnut Street district; Brand‑new HVAC, updated electrical, new water heater, and new bathroom
More about this property
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