107 & 109 Main ST, Jonesborough, TN 37659
107 & 109 Main ST, Jonesborough, TN 37659
107 & 109 Main ST, Jonesborough, TN 37659
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$1,100,000
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6,006 SqFt
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107 & 109 Main ST Jonesborough, TN 37659

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,006 sqft

Price per Sqft $183

Subdivision Not In Subdivision

MLS Listing ID 9995153

HOA Fees $341/mo

HOA Y/N Yes

Total Fin. Sqft 6006

Year Built 1871

Lot Dimensions 38.7X209.85 IRR

Source Tennessee/Virginia Regional MLS

Property Description

Income-Producing Commercial property! The property currently generates approximately $9,000/month ($108,000 annually) with an estimated NOI of ~$90,000. This is a prime opportunity to own a mixed-use investment property in the heart of historic Jonesborough.

This well-maintained, historic property offers approximately 6,006 square feet across two levels, featuring established tenants and immediate income. The second floor consists of multiple office spaces providing consistent rental income, while the main level offers highly visible retail space with strong street presence and flexible future use.

Originally built in 1871 and completely renovated in 2013, the building retains its historic charm with exposed brick, original hardwood floors, and unique architectural features(one of them a dumbwaiter shaft), while offering modern functionality. Additional improvements include a metal roof in 2020 and updated exterior access in 2023. Long deserved renovations on adjoining buildings are currently in progress at the rear of the building.

Building addresses include 107 E Main Street & 109 E Main Street, Suite 101, 201 (A, B, & C). The main level consists of 3003 sqft, complete w/ commercial kitchen, gas log fireplace, built-in bar, half bath (107 E Main St) & separate space w/ additional half bath & certified warming kitchen (109 E Main St, Suite 101). The 2nd level, also boasting 3003 sqft, features multiple office spaces, 1 full bath & 1 half bath, 2 fireplaces, & a certified warming kitchen (109 E Main St, Suite 201 (A, B, & C). Three dedicated parking spaces are available in the parking lot behind the building.

Located on desirable Main Street, this property benefits from excellent walkability, steady foot traffic, and a thriving downtown environment.

Ideal for investors seeking stable returns with upside potential in one of East Tennessee's oldest, most charming and active downtown districts.

Seller-provided financials available. Buyer to verify all information.

Location

State TN

County Washington

Community Not In Subdivision

Zoning B2

Direction Main St downtown Jonesborough, directly across from the Washington County Courthouse.

Interior

Heating Fireplace(s), Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air, Heat Pump

Equipment Dishwasher, Display Window, Exterior Lights, Handicap Access, Lighting-Incandescent, Refrigerator, Security System, Smoke Detector(s), See Remarks

Heat Source Fireplace(s), Forced Air, Natural Gas

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Roof Type Metal,See Remarks

Road Frontage City Street, See Remarks

Building

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 060a E 021.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Lisa Stover • Property Executives Johnson City

NEARBY SCHOOLS & PROPERTIES

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107 & 109 Main ST