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120 S Cherokee Street, Jonesborough, TN 37659

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For Sale

$995,000

3,072 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $323.89
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 9987251

Courtesy Of Evans & Evans Real Estate, LLC

(423) 282-1817

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick
  • Lot Size
    0.16 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 120 S Cherokee Street, Jonesborough, TN 37659

Home seller CENTURY 21 Legacy

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Legacy

(423) 282-1885
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.