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5305 W Andrew Johnson Highway Morristown, TN $ 2,500,000
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5305 W Andrew Johnson Highway
$ 2,500,000
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5305 W Andrew Johnson Highway

Morristown, TN, 37814
$ 2,500,000
Baths0.0

Monthly Estimate*

$ 17,463

5305 W Andrew Johnson Highway, Morristown, TN 37814 - Image 1
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5305 W Andrew Johnson Highway, Morristown, TN 37814 - Image 4
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5305 W Andrew Johnson Highway, Morristown, TN 37814 - Image 6
5305 W Andrew Johnson Highway, Morristown, TN 37814 - Image 7
5305 W Andrew Johnson Highway, Morristown, TN 37814 - Image 8
5305 W Andrew Johnson Highway, Morristown, TN 37814 - Image 9
5305 W Andrew Johnson Highway, Morristown, TN 37814 - Image 10
5305 W Andrew Johnson Highway, Morristown, TN 37814 - Image 11
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5305 W Andrew Johnson Highway, Morristown, TN 37814 - Image 14
Studio

Commercial Property for sale in Morristown, TN

for $2,500,000. This building was built in 1977 on a lot size of 94089.

6 bay auto repair shop building with 4 inground lifts, a sleeping room, office and bath with shower, a vacant commercial lot on W Andrew Johnson Hwy and 13 - 1 bedroom apartments and 1 - 2 bedroom apartment with a full basement retained and used by the owner. Total current income is $166,800 annually. Pest control contract - $150 every 3 months. Water runs approximately $450-$475 per month. Laundry room brings in approximately $300 per month with an $80 expense for gas. Also you could rent out the 7833 square foot basement.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,150

Style

Multi Family

Lot Size

94089

Year Built

1977

Town/City

Morristown

County/Region

Hamblen

MLS | Web ID

703418
Features
General
Sewer Public Sewer
Heating Central Electric Forced Air Natural Gas
Cooling Central Air Electric
Utilities Cable Available Cable Connected Cable Internet Dial Up Internet DSL Internet Electricity Available Electricity Connected Fiber Internet Natural Gas Available Natural Gas Connected Phone Available Pho
Possession Close Of Escrow
Roof Metal
Zoning I-B
County Hamblen
Business Type Auto Service Rental
Property Type D
Tax Year 2023
Occupant Type Tenant
Status Active
Auction Y/N No
Construction Materials Block Brick Frame
MLS Area Southwest
Sub Type Multi Family
Year Built 1977
Directions On West Andrew Johnson across the highway from Morristown Chevrolet on the corner of Panda.
City Morristown
Street Name Andrew Johnson
Coming Soon 6 bay auto repair shop building with 4 inground lifts a sleeping room office and bath with shower a vacant commercial lot on W Andrew Johnson Hwy and 13 - 1 bedroom apartments and 1 - 2 bedroom apart
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Exterior
Lot Features Corner Lot Irregular Lot Paved Rolling Slope
Fencing None
Water Source Public
Parking Features Asphalt Assigned Off Street Outside Parking Lot Paved
Lot Size Dimensions 204 x 271
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Interior
Total Units 15
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* Excluded Features
List By
Century 21 Masengill-Mccrary

Broker

hix@c21mmr.com

Email

Affordability Calculator

$18,142
Per Month
96%
4%
0%
Monthly Principal & Interest
$17,463
Monthly Property Taxes
$679
Monthly 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
2484365 Elementary School
2484217 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/26/2024$2,500,000 Listed Price

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5305 W Andrew Johnson Highway, Morristown, TN, 37814 is a Commercial Property for sale at $2,500,000 with a lot size of 94089. 5305 W Andrew Johnson Highway is a studio with 0.0 baths and was built in 1977. The property's zip code is 37814 which is in Morristown, TN

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