COMMERCIAL BUSINESS & PROPERTY FOR SALE IN MORRISTOWN

Retail-Commercial for Sale
Catylist Listing ID: 29951052
Building Size (RSF): 2,340 SF
Gross Building Area: See Agent
Gross Land Area: 0.84 Acres
Sale Price: $379,900
Unit Price: $162.35 PSF
Property Use Type: Business
Building Name: San's Meat Cleaver
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2017

Overview / Comments

Great commercial property with 100 feet of road frontage on West Andrew Johnson Highway and W. 1st North Street. Two structures - house at 1547 W. Andrew Johnson Hwy. is 1100SF and zoned IB, building (Sam's Meat Cleaver) is located at 1549 W. Andrew Johnson Hwy. 1240SF and zoned LI. Property can be divided - See Survey in Photos & Documents. Sam's Meat Cleaver has been in business for almost 40 years. Selling property and business. Business includes all inventory and equipment. Home is being sold without furnishings and appliances. Continue the existing business, add another business, expand existing business - many options for this property. Rare find with road frontage on two main streets in Morristown.

Attachments & Media

Additional Details

Nearest MSA: Morristown
County: Hamblen
Taxing Authority: Morristown and Hamblen County
Tax ID/APN: Tax Map 41C Group B Parcel 7.00
Zoning: IB (INTERMEDIATE BUSINESS) & LI (LIGHT INDUSTRY)
Retail Clientele: General, Family, Business
Property Located Between: West Andrew Johnson Highway and W. 1st North Street
Property Visibility: Excellent
Largest Nearby Street: West Andrew Johnson Highway
Feet of Frontage: 100
Highway Access: Highway 11E
Airports: Morristown; Tyson-McGhee
Site Description: High traffic area of commercial district of Morristown
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Year Built: 1962
Year Renovated: 1978
Roof Type: Other
Construction/Siding: Stucco
Parking Type: Surface
Parking Description: Asphalt parking lot
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Lot Frontage: 100
Lot Depth: 360
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,303 28,822 46,837
Median Age: 34.17 37.27 38.9
Households: 1,621 11,334 18,425

Contact

Photograph of Listing Agent

Rhonda Krenzer

Re/Max Real Estate Ten KAAR CIE Member
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