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Property profile & analytics
FOR LEASE
Retail space

212 E Main St Johnson City, TN 37604

5,400 SF 0.06 ac lot Built 1916
Individually Owned 4-yr Hold Free & Clear
Property ID
US80-0055036
Property summary
AI-generated overview

This exceptional 2,700 square foot commercial space at 212 E Main St, Johnson City, TN, is perfectly situated in the heart of the city's vibrant downtown area. The property boasts a prime location offering high visibility and excellent foot traffic, ensuring maximum exposure for your business. This single-tenant space is housed in a beautifully renovated (2022) two-story building, originally constructed in 1916, and features a spacious, open floor plan ideal for customization to suit a variety of commercial uses, including traditional office space or a coworking environment. The building is zoned B and offers easy accessibility from the street level. The high ceilings (20 feet) add to the spacious feel. While parking is not provided on-site, the central location offers easy access to public parking and alternative transportation options. The property sits on a 0.7-acre lot and features electric power. The property taxes are $1.23 per square foot. This is a rare opportunity to establish your business in a thriving downtown community surrounded by local businesses, restaurants, and attractions. Don't miss this chance to become part of Johnson City's energetic commercial landscape. The building is classified as Class B.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1916
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,400 SF
Lot 0.06 ac (2,500 SF)
APN 046M F 02000
UPID US80-0055036
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Forged Performance Gym & Fitness Center
  • The Sanctuary Co. Furnished Apartment Building Inn
  • Forged Fitness Johnson City Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Thomas Greer Alexander · 4 yrs held
Thomas Greer Alexander
since 2022
Last sale
$400,000
6 recorded transactions
2022
$400,000
2016
Price N/A
2013
$352,500
2007
$180,000
2006
$132,500
1991
$500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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