4860 W Andrew Johnson Hwy, Morristown, TN

Multi-Use for Sale - $350,000 - 3,672 Sq. Ft. on 2.33 acres


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Agent Info

NameAmy Shrader

Property Info

CIMLS #951115
Location4860 W Andrew Johnson Hwy
Morristown TN 37814
Last UpdatedDecember 17th, 2018
TypeMulti-Use
Price$350,000
Building3,672 Sq. Ft.
Land2.33 acres
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Property 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 other improvements. 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 carry note with reasonable down payment for 20 years @ 5.5%.


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