5305 & 5307 W Andrew Johnson Hwy

Morristown, TN

Others for Sale - $2,500,000


Agent Info

Van Masengill
CENTURY 21 Masengill-McCrary Realtors

Property Info

CIMLS#1158506
Location
  5305 & 5307 W Andrew Johnson Hwy
  Morristown TN 37814
UpdatedApril 26th, 2024
TypeOthers
Price$2,500,000

Property Description

6 bay auto repair shop building with 4 inground lifts, a sleeping room, office and bath with shower, a vacant commercial lot on W Andrew Johnson Hwy and 13 - 1 bedroom apartments and 1 - 2 bedroom apartment with a full basement retained and used by the owner. Total current income is $166,800 annually. Pest control contract - $150 every 3 months. Water runs approximately $450-$475 per month. Laundry room brings in approximately $300 per month with an $80 expense for gas. Also you could rent out the 7833 square foot basement.


Financials