227 E Market St, Johnson City, TN 37601

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Building Details:

VERY RARE OPPORTUNITY - Profitable - Fully Established -Turn Key Business – Upscale Venue and Clientele. ** Live onsite in the Beautiful Estate House or use as rental property

RECESSION STRONG BUSINESS - WEDDING CEREMONY AND RECEPTIONS ALREADY BOOKED WITH DEPOSIT INTO 2013 ***
The Cathedral
Built in the early 1900's as a Catholic Church, featuring historic European architecture, this beautiful brick Cathedral has a magnificent “Rose” stained glass window and twenty plus cathedral shaped windows that cast a warm glow onto the marble aisle. Features amber brick interior walls, stained glass pendant lighting and arched doorways which make it seem as though you are entering Camelot. The Cathedral is a 4,200 sq ft venue with capacity up to 200 guests.

Estate House
Historic Brick 3,100 sq ft Estate House is street front and was built in the early 1900's, completely renovated with tons of potential for a spa, restaurant, bed & breakfast, or any other business or to be used as rental property. It is currently used as floral shop, office and 2-3 bedroom apartment upstairs. This would make a perfect restaurant facility.

The Ballroom
Built in 2011, the Ballroom features cathedral ceilings, sheer draping, crystal lighting, hand stained "old world" flooring, and 4,000 sq ft for dining and dancing. The Ballroom includes ballroom tables, chairs, chair covers, and colored fabric draping. The venue has an open floor plan with a ton of possibilities for other special events.

Facilities
The venues are in great shape with new roofing, plumbing, updated electrical and ADA restrooms. Each venue has upscale decor and antiques, old world items, lanterns, candle holders, etc. The business includes an income producing website, over 6,000 song music library, fully equipped DJ equipment, piano, high end sound systems, computers, network equipment, commercial refrigerator, 12 ft stainless steel counter, floral cooler, floral vases, décor, and much more. All three venues are very close together with a public parking lot and street front parking along with a rare downtown private parking lot.

Great Investment Property - Unbelievable Semi-Retirement opportunity as the business is profitable ran part-time with 1-2 events per week. Work 30 days a year and make a profit, or if desired, you could host numerous events throughout the week.

Facilities: Wedding Chapel Cathedral, Estate House, and Ballroom

Competition: Location, location, location, this is highly valuable Interstate property in the historic downtown area within an hour of the Great Smokey Mountains and Asheville NC. The main venue is the Historic Cathedral – nothing like this place in the surrounding cities - the architecture and location cannot be duplicated.

Growth Potential: A WHOLE WORLD OF POTENTIAL FOR ADDED SERVICES AND REVENUE. Such as but not limited to floral design/sales, photography, videography, food services/catering, spa/salon, disk jockey/MC, event planning, sales, theater, church rental, wedding rentals/sales, event/party rentals, restaurant, deli, winery, and much more.

Training/Support: An agreeable period of training and support offered.

Sale Reason: Family Business, retiring
**HIGHLY CONFIDENTIAL SALE