Gray, TN Retail Space for Sale

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Updated: Mar 24

Corner Retail Condo with Large Windows

124 Tipton Street, Johnson City, TN 37604

$360,000

1,475 sqft

High‑visibility location on a prominent downtown corner with expansive storefront windows and heavy foot/vehicle traffic.
Flexible 1,475 SF open layout suitable for retail, fitness, office, showroom, or service‑based businesses.
Located in an active downtown corridor anchored by popular restaurants (Label Restaurant and Juan Siao) creating synergy and drawing consistent traffic.
B‑2 zoning allows for a wide range of commercial uses.
Modern industrial aesthetic with exposed ductwork and high ceilings.

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This listing looks promising.

Here's a quick look at some key insights for

124 Tipton Street, Johnson City, TN 37604

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Est. Cap Rate

6.4%
Above avg (5.9%)
Est. NOI

$23K
Annual
Mortgage

$130K
Jan 2024
Last Sold

Jan 2024
$175K
Property Type

Condominium
Built 1925

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Updated: Jul 20

Retail Storefront with Walk-In Vault

2111 W Mountcastle Drive, Johnson City, TN 37604

$1,495,000

4,350 sqft 0.39 AC lot

0.39‑acre lot zoned B‑4
Walk‑in vault plus kitchen area, offices, and bathrooms
Second level includes an additional 4,350 square feet for a future phase
New elevator shaft for expansion
Heat pump heating and cooling

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Commercial Property in Gray, TN

127 129 Cherry Street, Gray, TN 37615

$525,000

4,976 sqft 0.85 AC lot

Commercial space in Gray, TN, suitable for retail or automotive.

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Flexible Retail or Office Building

3100 N Roan Street, Johnson City, TN 37601

$749,900

5,292 sqft 0.88 AC lot

~5,200 SF commercial building with open and office space, restrooms and dressing rooms, plus a large on-site parking lot.

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Two-Level Retail Storefront

2111 Mountcastle Drive, Johnson City, TN 37604

$1,495,000

4,350 sqft

High-end retail space with a walk-in vault, offices, bathrooms, and a second level with an added elevator shaft.

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Retail Space with Fenced Outdoor Lot

718 W Walnut Street, Johnson City, TN 37604

$1,272,500

8,120 sqft 0.71 AC lot

WWD-zoned retail space with onsite parking, a fully fenced lot, and outdoor space.

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Southside Plaza Shopping Center with Long-Term Tenants

1950 S Roan Street, Johnson City, TN 37601

$5,000,000

54,295 sqft 4.30 AC lot

Shopping center on 4.3 acres in B 4 zoning with central HVAC, public water and sewer, and current tenants including Dollar Tree.

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Commercial Building with On-Site Parking

3100 N Roan Street, Johnson City, TN 37601

$899,900

5,292 sqft

5,200-square-foot commercial building with open office areas, existing offices, restrooms, dressing rooms, and a large parking lot.

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Two-Story Brick Storefront Building

140 W Market Street, Johnson City, TN 37604

$600,000

5,000 sqft 0.05 AC lot

Two-story brick storefront building zoned B2 with a finished apartment and public utilities on a small downtown lot.

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Remodeled Retail Storefront with Loading

331 W Walnut St, Johnson City, TN 37601

$559,900

3,500 sqft

Remodeled storefront with brand-new HVAC, updated electrical, and rear alley garage door access for straightforward deliveries.

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Absolute NNN Retail Investment

4210 N Roan St, Johnson City, TN 37601

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14,744 sqft

For sale absolute NNN retail property with 14,744 square feet under a long-term lease structure.

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Corner Retail Condo with Three Entrances

124 Tipton St, Johnson City, TN 37604

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1,475 sqft

1,475 SF main-level retail condo with storefront windows on two sides and three doors of entry.

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High-End Retail Storefront

2111 W Mountcastle Dr, Johnson City, TN 37604

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8,700 sqft

Turnkey retail buildout with walk-in vault, offices, bathrooms, and additional second-level space.

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New-Construction Sherwin-Williams Store

5730 Bobby Hicks Highway, Gray, TN 37615

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10,000 sqft

Fee-simple retail opportunity featuring a newly constructed Sherwin-Williams property in Gray, Tennessee.

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Single-Tenant Retail NNN Lease

149 Fitness Way, Johnson City, TN 37604

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4,500 sqft

Freestanding Verizon net-lease retail building with a scheduled term through July 31, 2031.

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Downtown Retail Space For Sale

215 E Main St, Johnson City, TN 37604

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For-sale retail property at 215 E Main St, positioned for businesses needing storefront presence on a main street.

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Retail Property for Sale

2910 Bristol Hwy, Johnson City, TN 37601

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Retail property offered for sale at 2910 Bristol Hwy, Johnson City, TN, suitable for retail-focused ownership or redevelopment.

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Mixed-Use Apartment and Retail Building

1412 Knob Crk Rd, Johnson City, TN 37604

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12,848 sqft

Portfolio includes 8 renovated two-bedroom units plus an adjacent commercial building with a newly renovated exterior.

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Retail Building on Broadway Avenue

417 S. Broadway Avenue, Johnson City, TN

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10,380 sqft 1.02 AC lot

10,380 SF retail building for lease in Johnson City.

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Commercial Land for Mixed-Use Development

213 S Boone St, Johnson City, TN 37604

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Commercial land in an Opportunity Zone with plans for retail space and 12 residential units.

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Main Street Retail Property

312 East Main Street, Johnson City, TN 37601

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Retail property for sale located on East Main Street in Johnson City.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Gray, TN, we suggest to view alternatives - similar 21 Off-Market properties to explore as potential leads.

Off-Market Properties in Gray, TN

Consider similar Off-Market properties in Gray, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RETAIL STORES (PERSONAL SERVICES)

681 Gray Sta Rd, Gray, TN 37615-5106

Value Estimation by Request

5,132 sqft 98.00 AC lot

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RETAIL STORES (PERSONAL SERVICES)

5314 Kingsport Hwy, Gray, TN 37615-5215

Value Estimation by Request

3,636 sqft 120.00 AC lot

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RETAIL STORES (PERSONAL SERVICES)

317 Gray Sta Rd, Gray, TN 37615

Value Estimation by Request

2,280 sqft 0.45 AC lot

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Gray, TN Retail Space Market Trends and Statistics

Explore 42 retail space for sale in Gray, TN, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 159,297 square feet of properties for sale, with an estimated market value of $12,957,200.

Sale prices for retail space in Gray, TN start at $360,000, averaging $1,295,720, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 22K

Population Growth (5Y) +0.9%

Median Household Income $75,556

College Educated 57.0%

High-Yield Neighborhoods for Investment

Identify Gray submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Johnson City - 37615	$525K

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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