217 Western Avenue Morristown, TN ^$ 599,000

217 Western Avenue

^$ 599,000

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217 Western Avenue

Morristown, TN, 37814

^$ 599,000

Studio Baths0.0

Monthly Estimate*

^$ 4,184

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Studio

Commercial Property for sale in Morristown, TN

for $599,000. This building was built in 1951 on a lot size of 0.33.

Huge price improvement! A rare opportunity to purchase an office building this size in the heart of Morristown. Office has been freshly painted and parking lot sealed. This space features 6 offices, 2 large commons areas, 1.5 full baths, full kitchen, and 1700 sq feet of unfinished basement for storage. Plenty of parking and centrally located. Building is in excellent condition and has been well maintained

Commercial Active

Price

^$ 599,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,300

Style

Office

Lot Size

0.33

Year Built

1951

Town/City

Morristown

County/Region

Hamblen

MLS | Web ID

700936

Features

General

Sewer Public Sewer

Heating Central Heat Pump Natural Gas

Cooling Central Air Gas Heat Pump Multi Units

Utilities Cable Available Electricity Connected Fiber Internet Natural Gas Connected Phone Connected Sewer Connected Water Connected

Possession Close Of Escrow

Roof Flat Rubber Shingle

Zoning Commercial

Electric 220 Volts Circuit Breakers

County Hamblen

Business Type Commercial Professional/Office

Property Type D

Tax Year 2022

Occupant Type Vacant

Status Active

Auction Y/N No

Parking Total 15.00

Construction Materials Stucco

Sub Type Office

Year Built 1951

Directions From I 81 Head N on 25E 3.6mi Take exit 1 for TN 160 0.1mi Turn right on TN 160 2.3mi Turn right on MLK JR Parkway 1.2mi Turn left on Morris Blvd 0.7mi Turn left on 11E 300 feet Turn left onto Wester

City Morristown

Street Name Western

Coming Soon Huge price improvement! A rare opportunity to purchase an office building this size in the heart of Morristown. Office has been freshly painted and parking lot sealed. This space features 6 offices 2

Exterior

Lot Features City Lot Few Trees Landscaped Level Paved

Fencing None

Water Source Public

Parking Features Additional Parking Basement Parking Lot Paved

Lot Size Dimensions 75X183

* Excluded Features

List By

Crye-Leike Premier Real Estate Llc

Broker

cnorton908@gmail.com

Affordability Calculator

$4,376

Per Month

Monthly Principal & Interest: $4,184
Monthly Property Taxes: $192
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Morristown, TN

Average List Price ^$808,305

Percent of Sale Price 35%

About Morristown, TN

31,395 Population

11% Since 2002

^$32,989 Median Income

38 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2484365 Elementary School

2484217 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/10/2024	$599,000	-14.31%	Price Down
1/25/2024	$699,000	-9.10%	Price Down
8/18/2023	$769,000		Listed Price

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217 Western Avenue, Morristown, TN, 37814 is a Commercial Property for sale at $599,000 with a lot size of 0.33. 217 Western Avenue is a studio with 0.0 baths and was built in 1951. The property's zip code is 37814 which is in Morristown, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Lakeway Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lakeway Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/19/2024.

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217 Western Avenue

Commercial Property for sale in Morristown, TN

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