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Former JC Penney Downtown 309 E Main St

34,100 SF 21% Leased Retail Building Johnson City, TN 37601 $795,000 ($23/SF)

Investment Highlights

  • Part of The Henry, a renovation/revitalization project
  • Sprinklered; 17’ ceiling height
  • Approx. 1.5 miles from East Tennessee State University
  • Basement not included, but can be made available
  • Just off I-26, exit 23

Executive Summary

Space is available for sale or lease in the former JC Penney building, which is part of The Henry renovation/revitalization project in Downtown Johnson City. Included is 7,053 SF first-floor retail/office and a 6,359 SF mezzanine. Basement is not included but can be made available. Space available is approximate and is subject to change. The property is located just off I-26, exit 23, and is approx. 1.5 miles from East Tennessee State University.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
34,100 SF
Building Class
B
Year Built
1920
Price
$795,000
Price Per SF
$23
Percent Leased
21%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.91
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
B2
Frontage
66 FT on E Main St

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 7,053 SF
  • Office/Retail
  • -
  • Now

Space is available for sale or lease in the former JC Penney building, which is part of The Henry renovation/revitalization project in Downtown Johnson City. Included is 7,053 SF first-floor retail/office and a 6,359 SF mezzanine. Basement is not included but can be made available. Space available is approximate and is subject to change. The property is located just off I-26, exit 23, and is approx. 1.5 miles from East Tennessee State University.

  • Mezzanine
  • 6,359 SF
  • Office/Retail
  • -
  • Now

Space is available for sale or lease in the former JC Penney building, which is part of The Henry renovation/revitalization project in Downtown Johnson City. Included is 7,053 SF first-floor retail/office and a 6,359 SF mezzanine. Basement is not included but can be made available. Space available is approximate and is subject to change. The property is located just off I-26, exit 23, and is approx. 1.5 miles from East Tennessee State University.

Space Size Space Use Position Available
1st Floor 7,053 SF Office/Retail - Now
Mezzanine 6,359 SF Office/Retail - Now

1st Floor

Size
7,053 SF
Space Use
Office/Retail
Position
-
Available
Now

Mezzanine

Size
6,359 SF
Space Use
Office/Retail
Position
-
Available
Now

1st Floor

Size 7,053 SF
Space Use Office/Retail
Position -
Available Now

Space is available for sale or lease in the former JC Penney building, which is part of The Henry renovation/revitalization project in Downtown Johnson City. Included is 7,053 SF first-floor retail/office and a 6,359 SF mezzanine. Basement is not included but can be made available. Space available is approximate and is subject to change. The property is located just off I-26, exit 23, and is approx. 1.5 miles from East Tennessee State University.

Mezzanine

Size 6,359 SF
Space Use Office/Retail
Position -
Available Now

Space is available for sale or lease in the former JC Penney building, which is part of The Henry renovation/revitalization project in Downtown Johnson City. Included is 7,053 SF first-floor retail/office and a 6,359 SF mezzanine. Basement is not included but can be made available. Space available is approximate and is subject to change. The property is located just off I-26, exit 23, and is approx. 1.5 miles from East Tennessee State University.

Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Renasant Bank
Truist
Wild Wing Cafe
Ingles
IGA
Starbucks
Saladworks
First Watch

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 046M-G-002.00
  • 052O-C-024.00
Land Assessment
$17,680 (2022)
Improvements Assessment
$213,480 (2022)
Total Assessment
$231,160 (2022)
  • Listing ID: 33138326

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: 309 E Main St, Johnson City, TN 37601

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