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Revitalized District Commercial Space
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718 West Walnut St, Johnson City, TN 37604

8,120 SF commercial space in revitalized West Walnut Street district.

Property Size8,120 SF
Price / SF$156.71
Days on Market85

Property Features for 718 West Walnut St

General Information

Standard status Active
Size 8,120 SF
Property subtype RETAIL
Listing Agency: Hurd Realty Johnson City
Listed By: Grant Honeycutt · License #353034
Source: Moodyscre
Added: May 24 Changed: Aug 8 Last Checked: Jul 25 at 9:28AM

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 Hurd Realty Johnson City

Investment Insights

Based on property information with market context.

Located in the revitalized West Walnut Street district, this 8,120-square-foot commercial space is within walking distance of East Tennessee State University, Downtown, Founders Park, and the Historic Tree Streets of Johnson City, Tennessee. The City's West Walnut Street Corridor Redevelopment Plan has transformed the area, connecting East Tennessee State University to downtown with upgrades to water and sewer lines and storm drains. The new design includes sidewalks on both sides, on-street parking, a bike lane, and accessible greenspaces, creating a pedestrian-friendly environment. This property combines modern infrastructure with historic district charm. It offers potential as a venue, hotel, retail space, gallery, restaurant, apartments, package store, microbrewery, municipal building, or creative workspace. Property highlights include onsite parking, a fully fenced lot, and outdoor space. The current business, Volunteer Pawn, is a well-established name in Johnson City. The business name, equipment, and inventory is also available for sale.

Key Highlights

  • Prime commercial space in the revitalized West Walnut Street district, connecting East Tennessee State University to downtown.
  • Located within walking distance to East Tennessee State University, Downtown, Founders Park, and the Historic Tree Streets.
  • 8,120‑square‑foot property offering exceptional potential for various uses** (venue, hotel, retail, restaurant, apartments, etc.).

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

31
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Retail space - 8,120 SF commercial space in revitalized West Walnut Street district.
Where is this retail space located?
The property is located at 718 West Walnut St 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: Prime commercial space in the revitalized West Walnut Street district, connecting East Tennessee State University to downtown.; Located within walking distance to East Tennessee State University, Downtown, Founders Park, and the Historic Tree Streets.; 8,120‑square‑foot property offering exceptional potential for various uses** (venue, hotel, retail, restaurant, apartments, etc.).
(423) 895-2070 Call to check price and availability
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