Commercial ()

718 West Walnut St, Johnson City, TN 37604

Stories: 1.0

Price: $1,272,500 Price Per ft²: $156.71 List Date: 2026-05-24 DOM: 1
City Tax: $1,717 County Tax: $2,129

Year Built: 1971 pre-1978 Homes

Finished Area: 8,120 ft²

Unfinished: 0 ft² (not in garage)

Total Area: 8,120 ft² (Finished & Unfinished)

Lot Size: 0.71 acre(s) Lot Dimensions: 96.18 X 319.86

Heating: Heat Pump, Natural Gas Cooling: Central Air Water & Sewage: Public, At Road

Description

Prime Commercial Space in the revitalized West Walnut Street district. Located within walking distance to East Tennessee State University, Downtown, Founders Park, and the Historic Tree Streets of Johnson City, Tennessee, this 8,120-square-foot property is a rare opportunity in the heart of downtown. The City's West Walnut Street Corridor Redevelopment Plan has transformed this area that connects East Tennessee State University to downtown. The plan's new design includes upgrades to water and sewer lines and storm drains. The new, pedestrian-friendly roadway includes sidewalks on both sides, on-street parking, a bike lane, and public, accessible greenspaces. This property offers modern infrastructure combined with historic district charm. Whether you're envisioning a venue, hotel, retail space, gallery, restaurant, apartments, package store, microbrewery, municipal building, or creative workspace, this property offers exceptional potential.Property highlights include onsite parking, a fully fenced lot, and outdoor space.The current business, Volunteer Pawn, is a well-established name in Johnson City. The business name, equipment, and inventory is available for sale, but the building must sell first. Contact Agent for ShowingsMLS Information: Buyer/Buyer's Agent to verify all information.