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    253 Main St Johnson City, TN 37604

    Sponsored
    For Lease
    $10 SF/Yr ($8,050 /Mo)

    Prime retail space, newly renovated, multiple options.

    Lot size:
    9,660 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 253 E Main St, Johnson City, TN 37604, offers a fantastic opportunity for businesses seeking a vibrant downtown location. The building, constructed in 1916 and extensively renovated in 2024, boasts 9,660 square feet across two stories. Currently, flexible street-level retail space is available for lease, ranging from 1,797 to 4,792 square feet. The space can be leased as a whole or divided into two separate units. One unit, situated on Main Street, encompasses 2,995 square feet and is offered at $12 per square foot annually, NNN. The second unit, facing Market Street, measures 1,797 square feet and commands a rate of $14 per square foot annually, NNN. Leasing the combined 4,792 square feet offers a reduced rate of $10 per square foot annually, NNN. A tenant improvement allowance package is available to assist with build-out. The property is conveniently located approximately 0.2 miles from I-26, exit 23, and is within walking distance of numerous downtown restaurants and shops. The property is zoned B-2 and features one building with a total of 9,660 square feet. The APN is 046M E 002.00. This is an ideal location for a variety of retail or restaurant uses.

    Property Features for 253 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,660 SF
    Total Rate
    8050

    Building Details

    Year Built/Renovated
    1916/2024
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    1st Floor
    Size
    4,792 SF
    Rate per SF
    $14

    HighLights

    • Newly renovated in 2024.
    • High‑visibility location near a lighted intersection.
    • Abundant public parking nearby.
    • Excellent access to I‑26, Exit 23 (approx. 0.2 miles).
    • Walkable to downtown amenities, including parks, restaurants, and shops.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.350800696681
    Latitude
    36.317110326319

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    FAQs

    What type of property is this?
    Restaurant - Prime retail space, newly renovated, multiple options.
    Where is this restaurant located?
    The property is located at 253 Main St Johnson City, TN.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Newly renovated in 2024.; High-visibility location near a lighted intersection.; Abundant public parking nearby.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    253 Main St Johnson City, TN 37604
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