Remarks

Incredible Investment Opportunity in the Heart of Historic Jonesborough!
Located on vibrant East Main Street, this historic mixed-use building offers approximately 3,180 square feet and endless potential. Built in the early 1900s, the property features three commercial storefronts—one currently leased as a salon and two vacant spaces ready for renovation to suit retail, boutique, or office use. Upstairs, you'll find two residential units offer flexibility for long- or short-term rentals: a charming 1-bedroom studio and a spacious apartment which is on the second and third floor that could possibly be configured as a 2-bedroom. The larger apartment and the vacant storefronts are in need of renovation, providing an excellent opportunity to build equity and customize to your vision. Tenants enjoy alley access and a shared back courtyard, ideal for outdoor seating, gathering space, or private tenant use. A new roof was installed in 2022, offering peace of mind and reducing future maintenance. Just steps from the International Storytelling Center, shops, restaurants, and year-round festivals, this location is unmatched in charm and walkability. Whether you're an investor, entrepreneur, or developer, this property offers tremendous income potential in Tennessee's oldest and most beloved town. Don't miss this chance to be part of downtown Jonesborough's continued growth and revitalization! Please note: Because this property is in the Jonesborough Historic District, any exterior changes must be approved by the Jonesborough Historic Society Committee. Additionally, zoning regulations may restrict certain types of business uses, so buyers are encouraged to verify permitted uses with the Town of Jonesborough prior to purchase. Sale ''As Is, Where Is'' All the information was taken from tax records. Buyers and Buyers agents should verify all information.

Details

MLS#: 9980568
Price: $300,000

Sq Ft: 3180
Year Built: 1900

County: Washington
Lot Size: 52x61.6 IRR
Tax Fee: 1092.97