Approx. 7,500 sf Professional Office Building in Morristown

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30565804
Property Subtypes: Executive Suites, Office Building
Status: Pending/Contingent
Building Size (RSF): 7,500 SF
Gross Building Area: See Agent
Sale Price: $499,000
Unit Price: $66.53 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/29/2020

Overview / Comments

Approximately 7,500 sf office space that was the former home to a law office. The all-brick building was built in 1984 and has ample amount of parking.

The main level features four large corner offices, two conference rooms, a copy room, library, kitchen, 3 bathrooms and approximately 900 sf of open space well lit with natural light.

The upper level features one office and a tremendous amount of attic storage that could be expanded into additional office space.

The lower level has been built out with plenty of office space, four bathrooms and two private entrances downstairs.

Furniture in the building may be purchased.

Additional Details

Nearest MSA: Morristown
County: Hamblen
Tax ID/APN: 032033N I 00200
Zoning: OMP: OFFICE, MEDICAL & PROFESSIONAL
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,407 28,065 46,837
Median Age: 36.11 37.15 38.9
Households: 1,997 11,047 18,425
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