West Morristown 2.42 Acres - For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30500372
Property Subtypes: Car Wash, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related, Other
Building Size (RSF): 3,600 SF
Gross Building Area: See Agent
Sale Price: $289,000
Unit Price: $80.28 PSF
Property Use Type: Vacant/Owner-User
Building Name: Bear Mountain
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

This site is all about versatility and value. West Hamblen County is the dominant area for new retail & restaurants. With 23,000 cars per day and 306 ft of frontage, 2 entrances with a turn lane for easy access, this highly visible site is positioned for profits. Activate the land for a retail strip center, or a new car wash, or capitalize on an excellent opportunity to own your own car sales/service business.

The zoning can accommodate a range of uses.

2 Parcels for a combined 2.42 acres on West Andrew Johnson Hwy with (1) 3,600 sq ft building with new metal roof and new front facing windows. The building was formerly a restaurant and currently a pre-owned auto dealer. The site is a candidate redevelopment or could be backfilled with the sam use and features abundant parking in front and rear of building.

Attachments & Media

Additional Details

Nearest MSA: Morristown
County: Hamblen
Tax ID/APN: 032040 02201
Zoning: IB
Retail Clientele: General, Family
Property Located Between: Morristown & Talbot
Property Visibility: Excellent
Feet of Frontage: 306
Traffic/Vehicle Count: 23,000
Total Number of Buildings: 1
Number of Stories: 15
Property Condition: Good
Zoning Description: IB
Lot Frontage: 306

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,213 16,257 38,342
Median Age: 39.25 40.93 39.21
Households: 836 6,351 14,867


Photograph of Listing Agent

Justin Sterling

NAI Koella | RM Moore KAAR CIE Member
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