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4860 W Andrew Johnson Hwy 1
Morristown TN 37814 US

$350,000

Active MLS #391075
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4,024 sqft
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Built in 1980
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Lot: 2 acre
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Other

$350,000

Active MLS #391075
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4860 W Andrew Johnson Hwy 1 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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Property Features

  • Facts
  • Built in: 1980
  • Lot Size: 2.33 acre
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C
  • Exterior Finish: Log
  • Roof Type: Composition Shingle
  • Heating Fuels: Electric
Listing Changed: 12/14/2018 8:50:39 PM GMT
Source Updated Date: 1/20/2019 3:47:41 AM GMT

Courtesy of: AMY SHRADER, REMAX REAL ESTATE TEN OF MORRISTOWN

Listing Source - ListHub

Copyright © 2018 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.