OFFICE BUILDING FOR SALE

Office for Sale
Catylist Listing ID: 30702551
Property Subtypes: Office Building
Building Size (RSF): 5,444 SF
Sale Price: $549,900
Unit Price: $101.01 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Usable Size (USF): 5,444 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/16/2021

Overview / Comments

Great building in the heart of Morristown's central business district. On the main level there are (6) offices, reception area, conference room, kitchen, and (3) bathrooms. On the lower level there are (9) offices, conference room, (2) bathrooms, and mini-kitchen. Excellent condition. Some office furniture included. Has been used as an attorney's office and business office for a non-profit company. Would be great for accountants, attorneys, or business office for corporation. Also available for lease at $3,750 per month. Owners will consider lease-purchase option.

Additional Details

Nearest MSA: Morristown
County: Hamblen
Tax ID/APN: 032033M E 01400
Zoning: OMP
Property Located Between: W. Andrew Johnson Highway and W. Morris Blvd.
Property Visibility: Excellent
Highway Access: Highway 11E
Airports: Tyson-McGee and Tri-Cities and Morristown
Site Description: Located on the corner of W. 1st North Street and N. High Street
Area Description: Professional offices including pediatric dentist, attorneys, financial advisers
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,722 SF
Year Built: 1992
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 23
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, Fiber Optic
Zoning Description: OMP
Lot Frontage: 291
Lot Depth: 140
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: Tax Map 33M Group E Parcel 14.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,062 30,869 44,942
Median Age: 34.33 37.31 38.84
Households: 2,597 12,161 17,690

Contact

Photograph of Listing Agent

Rhonda Krenzer

Re/Max Real Estate Ten KAAR CIE Member
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