223 Market StJohnson City, TN 37601

Property Details for 223 Market St

Year built

1900

Property size (Sq ft)

10,288 SF

Property type

Specialty properties

Property subtype

Churches & religious facilities

Description

This exceptional property, located at 223 E Market St in Johnson City, Tennessee, presents a unique investment opportunity. The 0.9-acre site boasts three buildings totaling 10,288 square feet, offering versatile commercial potential. The main structure includes a spacious 4,000 square foot reception hall/ballroom, ideal for weddings and other large events. A 3,815 square foot wedding chapel is also included, complete with furnishings and a sound system. Additional space comprises a 2,473 square foot office/floral shop, perfect for supporting businesses or expanding existing operations. The property also features a convenient private parking lot, an outdoor cooler, and a separate storage building, enhancing its functionality and appeal. Situated in a certified opportunity zone, this property benefits from significant tax advantages. Its prime location offers excellent visibility and accessibility, being easily visible from I-26, exit 23. The asking price is $895,000, with a price per square foot of $86.99 and a price per unit of $298,333.33. The property is zoned B-2 and was built in 1900. This remarkable property is ready for a new owner to capitalize on its existing uses or explore further development potential.

Location Insight

City

Johnson City

County

Washington

State

Tennessee

Latitude

36.3188

Longitude

-82.3487

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