500 W Walnut St is aretail property for lease in Johnson City, TN.
The largest available parcel along State of Franklin Road in the heart of the developing corridor between the East Tennessee State University campus and downtown Johnson City / I-26. Constructed in 1909, the Model Mill property currently consists of a 4-story warehouse and two smaller 2-story buildings on 4.78 acres. Total of 6 acres available for redevelopment along with new home of Johnson City Chamber of Commerce or will consider subdividing. High visibility location at the corner of State of Franklin Road, Sevier Street and West Walnut Street across from Johnson City’s Founders Park now under construction. Contact listing agent to discuss possibilities!
Numerous recent projects have energized development in the immediate area including:
--Completion of the new ETSU Baseball Stadium;
--Completion of the University Edge 192-unit, 624-bed apartment complex development;
--Northeast Tennessee Community College new downtown campus pending opening Fall 2012;
--Acquisition of the Tweetsie Trail property, Johnson City’s rails-to-trails project;
--Ongoing downtwon development including multiple restaurant openings and new planned downtown apartment and retail projects.
--Newly completed streetscaped walkway directly in front of site that parallels State of Franklin Road between ETSU Campus and downtown area.
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