Office for Sale
Catylist Listing ID: 29843536
Property Subtypes: Governmental, Medical, Net Leased, Office Building
Building Size (RSF): 9,080 SF
Gross Land Area: 0.77 Acres
Sale Price: $439,900
Unit Price: $48.45 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/26/2019

Overview / Comments

Prime Commercial Office Building in Morristown's Downtown Business District. Building is located on the corner of Morris Blvd. and Martin Luther King, Jr. Parkway at a traffic light. Access to building is available from both streets. The building is currently divided into (3) suites. All suites are vacant. Great opportunity for an investor or owner occupant of medical, professional, government, or service related business. **INDIVIDUAL SUITES AVAILABLE FOR LEASE OR ENTIRE BUILDING - CALL RHONDA AT 423-312-4488** Suite 1 6308SF; Suite 2 1215SF; Suite 3 1557SF.

Additional Details

Nearest MSA: Morristown
County: Hamblen
Taxing Authority: Morristown and Hamblen County
Tax ID/APN: Tax Map 41F Group G Parcel 1.00
Zoning: IB
Market Type: Medium
Side of Street: East
Road Type: Paved, Highway
Property Visibility: Excellent
Transportation: Highway
Highway Access: Morris Blvd. and Martin Luther King, Jr. Parkway
Airports: Tyson-McGee and Tri-Cities and Morristown
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 9,080 SF
Year Built: 1987
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 25
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Interior Description: Suites are divided into typical medical offices with treatment rooms, offices, storage, and bathrooms.
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,172 25,912 46,664
Median Age: 35.35 37.51 38.84
Households: 1,274 10,215 18,360


Photograph of Listing Agent

Rhonda Krenzer

Re/Max Real Estate Ten KAAR CIE Member
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