Morristown Bank Branch Building

Retail-Commercial for Sale
Also listed as Office, Special Purpose
Catylist Listing ID: 29777644
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 2,798 SF
Gross Building Area: See Agent
Sale Price: $500,000
Unit Price: $178.70 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 2/27/2017

Overview / Comments

Former bank branch building on West Andrew Johnson Hwy next door to Lowe's. Excellent structure of 2,798 sq ft with a 896 sq ft attached drive-thru. Building has a lobby, teller counter with 4 stations, two private offices, security vault, work room, break room, storage room and restrooms. Property is nicely landscaped with ample parking in well located busy commercial area at signalized intersection.

NOTE: The free-standing building and land are separately priced. The Building itself is for sale at $500,000 plus a monthly land lease of $2,876. Contact listing agent to discuss details or to schedule tour.

Additional Details

Nearest MSA: Morristown
County: Hamblen


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,897 26,159 45,793
Median Age: 38.74 37.06 38.57
Households: 1,871 10,117 17,943
© Copyright Northeast Tennessee Association of REALTORS┬«. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.