4860 W Andrew Johnson Hwy 1
Morristown, TN 37814

Description

Commercial property on Andrew Johnson Highway in fast growing area of west Hamblen County. 2.33 acres with over 300 ft of road frontage and a 3600 sq ft building. TDOT traffic counts of 23,000+ daily. New roof installed 11/2018 along with replacement of 2 front facing windows. Separate entrance to upstairs could be rented out for additional income. Zoned LB for local business, this property can be used for bakery, bank, book store, car lot, retail store, deli, florist or nursery, grocery store, hardware store, meat market, restaurant, variety store, or multi-family housing. Previously a restaurant with liquor license. Plenty of parking in front and rear of building. 2 entrances from road and accessible to traffic in either direction. With the rising cost of commercial leases in the area, it just makes sense to purchase your own property, especially at this price! Owner will look at reasonable offers. Owner may still finance at this rock bottom price with as little as $20,000 down + fees. Lowest priced piece of improved commercial land on the fast growing west end of Morristown. Call for details.

Details

MLS#391075
Sub-TypeResale
StatusActive
Year1980
Days On Site754

Features

SQ Feet4,024
Story(s)2
ZoningLocal Business

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Area Information

StateTN
CountyHAMBLEN
CityMorristown
Zip Code37814
AreaHamblen County
Listing VS Median (in 37814)
Price:
$329,000
low | high
Med:
$49,950
100% of Average
SqFt:
4,024
low | high
Med:
0
100% of Average
$ / SqFt:
$82
low | high
Med:
$0
100% of Average
On Site:
754
low | high
Med:
536.5
100% of Average
Listing Updated: 05/25/2019
MLS Number: 391075
Listing Provided By:
AMY SHRADER  of  REMAX REAL ESTATE TEN OF MORRISTOWN

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