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About This Home
This 1.22-acre commercial property at 1826 W Andrew Johnson Highway in Morristown, TN, offers a prime opportunity zoned IB (Intermediate Business). Positioned next to Holstons, it presents strong visibility and accessibility for business ventures. Listed at $649,000, it also provides flexible leasing options at $5,000 per month, catering to investors seeking ownership or rental income.
In Morristown's market where the average price stands at $468,659, this lot exceeds typical offerings with its generous size and strategic location along a key highway. The IB zoning supports a range of intermediate business uses, making it suitable for retail, office, or service-oriented developments.
Its placement next to an established business enhances potential foot traffic and synergy. Morristown's active listings total 234, positioning this property as a notable commercial parcel amid residential-heavy inventory. Buyers and lessees alike can appreciate the straightforward potential of this highway-fronted site in East Tennessee.
1.22 Acres next to Holstons. Property Can also be Leased for $5000 Per Month. Zoned IB (Intermediate Business,
Key Features
- 1.22 acre lot
Monthly Cost Estimate
$3,471/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1826 W Andrew Johnson Highway
Morristown, TN 37814
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1826 W Andrew Johnson Highway is listed at $649,000. The estimated monthly payment is $2,812 based on 20% down at 6.5% interest.
Key features include: 1.22 acre lot.
This property is listed by Paul M. LeBel and can be reached at 4233071429 or paul@lebelcommercial.com.
