2406 N Roan St - Hospitality FOR SALE


Johnson City, TN 37601
$5,200,000 USD
423-446-0148
2406 N Roan St, Johnson City, TN for Sale
$5,200,000 USD
Hospitality - FOR SALE
1/17
null | Request Cap Rate

2406 N Roan St
Johnson City, TN 37601


HIGHLIGHTS

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

OVERVIEW

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

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$76 USD /SF

# OF ROOMS

110

PRICE/ROOM

$47,273 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn & Suites Johnson City

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

218

LAND DETAILS

LAND ACRES

4.91 AC

LAND SF

213,880 SF

ZONING

B4

APN/PARCEL ID

038H-C-006.00,038H-C-006.04

ASK ABOUT THIS PROPERTY

Jason JohnstonColdwell Banker Security Real EstateMore Info
423-446-0148

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Jason JohnstonColdwell Banker Security Real EstateMore Info
423-446-0148

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.