802 W Market Street

Retail-Commercial for Sale
Distressed
Catylist Listing ID: 30188191
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 4,176 SF
Gross Land Area: 0.12 Acres
Sale Price: $279,900
Unit Price: $67.03 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Short Sale/Bank-Owned: Yes
Last Updated: 5/1/2018

Overview / Comments

***BANK-OWNED PROPERTY DISCOUNTED FOR IMMEDIATE SALE***

±4,176 sqft two-story retail space on 0.12 acres features open area workspace, divided into three work bays on the main level. The second floor is an open area workspace. The property is located in proximity to the downtown area near several major retail chains such as CVS Pharmacy, Advance Auto Parts, and AutoZone.

Additional Details

Nearest MSA: Johnson City
County: Washington
Tax ID/APN: 046O D 002.00
Zoning: B-4
Property Located Between: Located between Knobb Creek Rd and Clark Street
Property Visibility: Excellent
Largest Nearby Street: University Parkway
Traffic/Vehicle Count: 20,285
Highway Access: ±1.3 miles west of I-26
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Fair
Year Built: 1962
Roof Type: Gable
Construction/Siding: Block
Zoning Description: This zone is designed to accommodate a variety of commercial enterprises that provide goods and services to a larger market area than those businesses permitted in the neighborhood business district. Development regulations also permit higher buildings and increased density over that allowed in the B-3 zone. This zone is intended to create an attractive, concentrated business district in areas that are outside the town’s central business district but that are served by the town’s major thoroughfares. Examples of permitted uses include shopping centers, professional offices and motels. Uses that are not permitted include outside storage and drive-in theaters.
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,730 50,126 79,375
Median Age: 34.87 37.63 38.99
Households: 4,006 21,602 34,209

Contact

Photograph of Listing Agent

Jeremy Goldstein

G/M Property Group, LLC KAAR CIE Member
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