For Sale
$5,200,000

2406 Roan St Johnson City, TN 37601

Prime Commercial Investment, 4.91 Acres

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional commercial property in Johnson City, Tennessee, presents a significant investment opportunity. Located at 2406 N Roan St, this 4.91-acre site comprises two separate parcels, offering considerable flexibility for future development or redevelopment. The property boasts 68,424 square feet of existing space distributed across three buildings, currently housing a restaurant, bar, and hotel. Ample parking is provided with a 175-car lot. The property benefits from a high-traffic location, with over 68,000 vehicles daily passing from Interstate 26 and an additional 25,000 vehicles daily from North Roan Street. Its B4 zoning allows for a wide range of commercial uses. The asking price is $5,200,000, translating to $76 per square foot. Built in 1983, the property is identified by APN 038h C 006.00/038h C 006.04. This prime location and versatile zoning make this an attractive proposition for investors seeking significant returns in a thriving commercial area. All information should be independently verified by prospective buyers.

Highlights

  • Prime commercial investment opportunity in Johnson City, TN.
  • 4.91-acre site consisting of two parcels, allowing for flexible future development.
  • 175-car parking lot.
  • 68,424 square feet across three buildings; includes a restaurant, bar, and hotel.
  • High-traffic location; over 68,000 vehicles daily from I-26 and 25,000 from North Roan Street.
  • B4 zoning permits diverse commercial uses.

Property Details for 2406 Roan St

Property type
Land
Square Feet
68,424 SF
Year Built
1983

Location Insight

City
Johnson City
County
Washington
State
Tennessee
Latitude
36.3494363
Longitude
-82.378835

FAQs

What type of property is this?
Land - Prime Commercial Investment, 4.91 Acres
Where is the land located?
The property is located at 2406 Roan St Johnson City, TN.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Prime commercial investment opportunity in Johnson City, TN.; 4.91-acre site consisting of two parcels, allowing for flexible future development.; 175-car parking lot.
How can I contact the broker?
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2406 Roan St
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