For Sale
$2,450,000

142 Market StJohnson City, TN 37604

Thriving Turn-key Restaurant & Brewery

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional turn-key restaurant and brewery, located at 142 W Market St in downtown Johnson City, Tennessee, presents a unique investment opportunity. The 10,587 square foot, two-story building, situated on a 4,051 square foot lot (APN: 046N L 00800), boasts a meticulously renovated interior (2019) within a stunning brick structure built in 1930. The property features a rooftop bar, eight restrooms, a passenger elevator, and a dumbwaiter, ensuring efficient operations. Currently operating at 100% occupancy (as of September 1, 2024), this Class A retail space is zoned B-2 and benefits from a prime corner location with convenient access to public parking and nearby entertainment venues. The asking price is $2,450,000 ($231.42/sq ft). This established business is ready for immediate operation, offering a seamless transition for new ownership. The property's design is optimized for selling locally crafted beer, cocktails, and chef-prepared meals, providing a strong foundation for continued success. This is a rare opportunity to acquire a thriving, established business in a vibrant downtown location. The property's exceptional features and prime location make it an ideal investment for experienced operators or first-time owners seeking a turn-key operation.

Highlights

  • Turn-key restaurant and brewery in downtown Johnson City, TN.
  • 10,587 SF, two-story building on a 4,051 SF lot (APN: 046N L 00800).
  • Meticulously renovated in 2019.
  • Features rooftop bar, eight restrooms, passenger elevator, and dumbwaiter.
  • 100% occupancy (as of September 1, 2024); Class A retail space, B-2 zoning.
  • Prime corner location with ample public parking; $2,450,000 asking price ($231.42/SF).

Property Details for 142 Market St

Property type
Retail properties, Restaurants
Square Feet
10,587 SF
Class
A
Year Built/Renovated
1930/2019
Buildings
1
Stories
2

Location Insight

City
Johnson City
County
Washington
State
Tennessee
Latitude
36.317182579506
Longitude
-82.355558503742
142 Market St, Johnson City, Tennessee

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142 Market St
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