$995,000

120 South Cherokee Street, Jonesborough, TN 37659

  • 3,072 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1840
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $324/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Prime Commercial Opportunity in the Heart of Historic Downtown Jonesborough! Unlock the potential of one of Jonesborough's most iconic downtown properties. Fully renovated from top to bottom, this HB-2 zoned building offers endless possibilities for businesses, professional services, hospitality, or mixed-use concepts — all within steps of the heart of Tennessee's oldest town. Featuring 5 spacious rooms/offices, 3 full baths, and 3 half baths, this property is designed to accommodate a wide range of uses such as: - Professional Offices - Boutique Retail or Gallery Space - Wine Bar, Tasting Room, or Charcuterie Venue - Wellness Studio or Salon - Event or Private Dining Space The flexibility of this floor plan allows for single or multi-tenant use. The seller is also open to leasing as two separate units, offering a unique investment opportunity. Parking is a premium downtown—and this property delivers. Enjoy 2 deeded parking spaces along with additional private parking for up to 4 vehicles in the rear, plus ample public parking directly behind the courthouse. Highlights: - Fully renovated, turnkey commercial building - Nearly 800 sq ft covered deck - HB-2 zoning - retail, office, hospitality, mixed use - 5 rooms/offices | 3 full baths | 3 half baths - 2 deeded parking spaces + rear parking for 4 - Direct access to public parking behind courthouse - Seller open to leasing as two separate units - Unbeatable visibility and foot traffic in the heart of downtown Position your business in Tennessee's oldest town and take advantage of a rare opportunity to purchase a historic property, downtown, offering charm, modern updates, and a strategic location. Buyer/Buyer's Agent to verify all info.

Listing Status:
Active
Date Added:
October 20, 2025 at 05:00AM
Listing Office:
RE/MAX Preferred : 423-282-1817
Listing Agent:
Stephen Nemeth : 865-454-0151
MLS ID:
9987251
  • A/C: Ceiling Fan(s)Heat Pump
  • Heating: Heat Pump
  • Parking: Parking spaces: 6
  • Roofing: Metal
  • General: Brick2
  • Road/Access: City StreetSee Remarks
  • Originating MLS: Tennessee/Virginia Regional MLS
  • County: Washington
  • Zoning: HB-2060a F 016.00
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected220 Volts
  • Water: Public
  • Sewer: Public Sewer
  • Source: Tennessee/Virginia Regional MLS

This listing courtesy of Stephen Nemeth, RE/MAX Preferred

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

J

Jonesborough Middle School

308 Forrest Dr, Jonesborough, TN, 37659

Grades 5-8

1.01 miles away

J

Jonesborough Middle School

308 Forrest Dr, Jonesborough, TN, 37659

Grades 5-8

1.01 miles away

D

David Crockett High School

684 Old State Route 34, Jonesborough, TN, 37659

Grades 9-12

2.99 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.