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Days Inn & Suites Johnson City 2406 N Roan St

110 Room Hotel Johnson City, TN 37601 $5,200,000 ($47,273/Room)

Investment Highlights

  • The best location possible for land on Interstate 26 and Roan St in Johnson City TN.

Executive Summary

Lease this property in its entirety for $37,500 month for 120 Months minimum. This is prime for redevelopment and can pair with Commercial Developer for build to suit option. See information on the property below:
Welcome to 2406 North Roan Street. This is a prime commercial investment in the heart of Johnson City, TN. Sitting on 4.91 Acres on two separate parcels; this property features include 175 car parking, 68,424 Sq/Ft of space in 3 separate buildings with a Restaurant , Bar, and what is currently a hotel. B4 Zoning and maximum exposure and easy access with a high traffic count. With over 68,000 vehicles daily from Interstate 26 and 25,000 vehicles daily from North Roan Street. The two separate parcels offer flexibility for future development for expansion or potential redevelopment for various commercial uses permitted under B4 zoning. Don't miss your chance to see this remarkable investment today! * Buyers and Buyers Agents to Verify all Information

Property Facts

Price $5,200,000
Price Per Room $47,273
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.91 AC
Building Size 68,424 SF
No. Rooms 110
No. Stories 4
Year Built/Renovated 1983/2012
Parking Ratio 2.56/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

About 2406 N Roan St , Johnson City, TN 37601

Welcome to 2406 North Roan Street. This is a prime commercial investment in the heart of Johnson City, TN. Sitting on 4.91 Acres on two separate parcels; this property features include 175 car parking, 68,424 Sq/Ft of space in 3 separate buildings with a Restaurant, Bar, and what is currently a 116-room hotel with both interior and exterior corridors. B4 Zoning and maximum exposure and easy access with a high traffic count. With over 68,000 vehicles daily from Interstate 26 and 25,000 vehicles daily from North Roan Street. The two separate parcels offer flexibility for future development for expansion or potential redevelopment for various commercial uses permitted under B4 zoning. Don't miss your chance to see this remarkable investment today! * Agents See Private Remarks * Buyers and Buyers Agents to Verify all Information.

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 12 $150.00 -
Guest Room 98 $75.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 038H-C-006.04
  • 038H-C-006.00
Land Assessment
$709,320
Improvements Assessment
$1,076,160
Total Assessment
$1,785,480

zoning

Zoning Code B4 (B4)
B4 (B4)
  • Listing ID: 31902729

  • Date on Market: 5/23/2024

  • Last Updated:

  • Address: 2406 N Roan St, Johnson City, TN 37601

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