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Property profile

207 Main St Johnson City, TN 37604

OFF-MARKET
Office Spaces
Property ID
US80-1665358
View Sample
29,000 SF 68 ac lot Built 1916
Individually Owned 1-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional 746-square-foot office space is situated in a beautifully preserved three-story building constructed in 1916. Located at 207 E Main St, Johnson City, TN 37604, this traditional office space is part of a larger 26,255-square-foot multi-tenant building in the heart of downtown Johnson City. The building boasts a prime location between Freiberg's German Restaurant and Holy Taco & Cantina, offering excellent visibility and foot traffic. This is a rare opportunity to lease space in a historic building with significant character. The property offers convenient access to public parking across Buffalo Street, ensuring ease of access for clients and employees. Furthermore, its proximity to Interstate 26 (exit 23, just 0.3 miles away) provides exceptional connectivity to the wider region. The address is easily accessible from I-26: take exit 23, travel southwest on E Market St, turn left onto Buffalo St, then left again onto E Main St. The property will be on the left. This space is ideal for businesses seeking a prestigious address in a vibrant downtown setting. The building is located in Washington County, Tennessee.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1916
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 29,000 SF
Lot 68 ac (2,962,080 SF)
APN 046M E 01900
UPID US80-1665358

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service
  • Land Surveyor
  • Barber Shop
  • Photography Service (Bike/Boat/Book/etc) Store
  • Financial Advisor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.16M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$2.16M

Owner & transaction history

since 2024
Last sale
$2.2M
4 recorded transactions
2024
$2.1M
2024
$2.2M
2012
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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