3101 Peoples Street, JOHNSON CITY, TN 37604
Commercial property for sale
Contact info
- 423-282-6582 [Office]
Description
Located at the corner of Peoples Street and Greenline Road, this investment property is being offered for sale at $1,600,000. The offering consists of two parcels, both of which are subject to leases. The first parcel is subject to a ground lease with an approximately 9,000 SF retail center constructed on the property. The second parcel, which is subject to a lease, consists of an approximately 6,000 SF restaurant building. The second parcel also generates additional income from an easement with J.M. Cox, Jr. across the lower parking for ingress and egress to the adjacent Peoples Crossing shopping center. For more information, please fill out the attached Confidentiality Agreement and submit it to Mitch Cox Realtor, Inc., and we will be glad to provide a detailed Offering Memorandum. From I-26: Take exit 19 and travel south on N State of Franklin Road. Turn left at the first traffic light onto Greenline Road. The property will be ahead on the right, just past the 4-way stop sign. Building price details: $1,600,000.
Property Details
- Type: Retail
- Use Types:Free-Standing Building, Mixed Use, Restaurant, Other
- Status: Available
- MSA: Johnson City
- Buildings: 2
- Tenancy: Multiple Tenants
Exterior Features
- Parking Type: Surface
Terms
- Cash to Seller