114 Unaka AVE Active Save Request In-Person Tour Request Virtual Tour
Johnson City,TN 37601
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,918 sqft
Price per Sqft $191
Subdivision Watauga Land
MLS Listing ID 9980750
Year Built 1910
Lot Size 0.300 Acres
Property Description
Don't miss this rare opportunity to own a beautifully renovated 1910 all-brick Craftsman-style property nestled in the vibrant heart of Downtown Johnson City. This timeless piece of history seamlessly blends historic charm with modern functionality, offering exceptional versatility for its next owner.
Boasting over 3,900 square feet of finished space and an additional 1,659 square feet in the unfinished basement, this property is incredibly adaptable. Its Residential Office (RO-1) zoning makes it perfectly suited for a variety of uses, including office, professional, or residential. Imagine converting it back into a stunning single-family home; the possibilities are endless.
Step inside to discover nine spacious offices or potential bedrooms, a well-appointed kitchen, one full bath, and an oversized half bath easily convertible to a second full bath. The home's historic charm truly shines through its original tiger oak hardwood floors, elegant crown molding, wide cased doorways, charming transom windows, tall baseboards, and eight distinct fireplaces. Complementing these classic features are modern updates, including newer windows, updated plumbing and electrical systems, and efficient HVAC. High ceilings and large windows ensure the space is flooded with natural light, while offering picturesque mountain views from the rear.
Currently, the property generates a strong income stream from its commercial tenant, providing a Net Operating Income (NOI) of $78,360 annually(lease ending in December 2025). This makes it an ideal investment opportunity or a perfect location for a discerning business owner. The building has successfully passed all code inspections required for commercial operations, ensuring a smooth transition.
Convenience is key with spacious private parking for 9 vehicles and additional street parking in front of the building. Located just a short walk from Johnson City's vibrant downtown, various restaurants, ETSU, shopping, hospitals, and more!
Location
State TN
County Washington
Community Watauga Land
Area 0.3
Zoning RO-1
Interior
Heating Central,Heat Pump,Natural Gas
Cooling Central Air,Heat Pump
Equipment Basement,Handicap Access,Inside Storage,Outside Storage,Refrigerator,Security System,Smoke Detector(s)
Exterior
Roof Type Asphalt,Shingle
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional