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Retail Space with Fenced Outdoor Lot
For Sale
$1,272,500
Pending

718 W Walnut Street, Johnson City, TN 37604

COMMERCIAL - Johnson City, TN

Property Size8,120 SF
Lot Size0.71 Acres
Days on Market94

Property Features for 718 W Walnut Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning WWD
Subdivision Not In Subdivision
Directions From West State of Franklin Road turn on Cherokee Street. Make a left on West Walnut Street. Turn left in to the parking lot at 718 West Walnut Street.
Standard status Pending
APN 054f A 027.01
Size 8,120 SF
Lot size 0.71 Acres

Taxes and HOA fees

Tax Annual Amount 2129

Utilities

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

Amenities

onsite parking
fully fenced lot
outdoor space

Building Details

Year built 1971
Building materials Metal Siding
Roof type Metal
Listing Agency: Hurd Realty, LLC
Listed By: Shannon Clark · License #354489
Added: May 24 Changed: Aug 4 Last Checked: Aug 25 at 5:06PM
MLS# 9995868

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 retail space offers 8,120 square feet of downtown-ready layout on a 0.71-acre lot. Built in 1971, the property features metal siding and a metal roof, with central air cooling and a heating system that includes a heat pump and natural gas. Public water and public sewer service are available, and natural gas is listed as available. The site includes onsite parking, a fully fenced lot, and outdoor space.

The property is located at 718 W Walnut Street in Johnson City and is described as being within walking distance of East Tennessee State University, downtown, Founders Park, and the Historic Tree Streets. The West Walnut Street Corridor Redevelopment Plan is noted for infrastructure upgrades, including new design elements such as sidewalks on both sides, on-street parking, a bike lane, and public, accessible greenspaces.

The existing business, Volunteer Pawn, is referenced as operating in the space, with the business name, equipment, and inventory reportedly available for sale, while the building must sell first.

Key Highlights

  • 8,120‑square‑foot retail space on a 0.71‑acre lot
  • WWD zoning with onsite parking and outdoor space
  • Fully fenced lot

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - WWD-zoned retail space with onsite parking, a fully fenced lot, and outdoor space.
Where is this retail space located?
The property is located at 718 W Walnut Street Johnson City, TN.
What is the asking price?
The asking price for this property is $1,272,500.
What are key features of this property?
This property features: 8,120‑square‑foot retail space on a 0.71‑acre lot; WWD zoning with onsite parking and outdoor space; Fully fenced lot
More about this property
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