MEDICAL/OFFICE BUILDING FOR SALE

Office for Sale
Catylist Listing ID: 30368946
Property Subtypes: Medical, Office Building
Building Size (RSF): 15,900 SF
Sale Price: $1,100,000
Unit Price: $69.18 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Usable Size (USF): 15,900 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/5/2019

Overview / Comments

Spacious 3-level building in the heart of Morristown's Downtown Commercial District. Near hospital and multi-specialty medical groups plus the court house, justice center, and jail. Suitable for any type of professional - medical, attorney, accountant. Building suitable for one tenant, multi-tenant, multi-specialty groups.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $19,628 (Annual)

Additional Details

Nearest MSA: Morristown
County: Hamblen
Taxing Authority: Morristown and Hamblen County
Tax ID/APN: Tax Map 33M Group A Parcel 5.00
Zoning: OMP
Property Visibility: Excellent
Highway Access: W. Andrew Johnson Highway - Hwy. 11E
Airports: Morristown; Tyson-McGhee
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 5,300 SF
Year Built: 1991
Roof Type: Gable
Construction/Siding: Block, Stucco
Parking Type: Surface
Parking Description: Parking available on all 4 sides of building including handicapped parking in front and back of building. Free parking.
Total Parking Spaces: 58
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: Office - Medical & Professional
Lot Frontage: 243
Lot Depth: 161
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,016 30,869 43,618
Median Age: 35.46 37.31 38.77
Households: 3,364 12,161 17,172

Contact

Photograph of Listing Agent

Rhonda Krenzer

Re/Max Real Estate Ten KAAR CIE Member
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