4903 North Roan Street

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4903 North Roan Street

Johnson City, TN 37615
Asking Price
$650K
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Restaurant property featuring over 5,500 square feet of space.
  • The site encompasses 1.84 acres of creekside land.
  • Includes an existing liquor license for immediate operational use.
  • Located on North Roan Street in Johnson City, Tennessee.
  • Offered for sale at an asking price of $650,000.

What's Special

This restaurant property spans over 5,500 square feet and occupies 1.84 creekside acres on North Roan Street in Johnson City, Tennessee. Situated within a growing regional hub in the Tri-Cities area, the location provides visibility and accessibility for high-traffic retail and hospitality operations. The site currently includes an existing liquor license, offering an immediate operational advantage for prospective owners looking to enter the local market. Given its size and layout, the facility is well-suited for a full-service dining establishment, a brewery, or a diversified hospitality venue. Johnson City serves as a significant economic center for Northeast Tennessee, supported by a stable population and proximity to major regional thoroughfares that drive consistent customer traffic to the North Roan corridor. Investors and business owners can leverage the established infrastructure to develop a destination concept that utilizes both the interior square footage and the expansive outdoor grounds.

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

Location & Travel Times