For Sale
$450,000

303 Fairmont Ave Morristown, TN 37814

Spacious office, flexible layout, high visibility.

Overview

Added:
Feb 3
Days on market:
84
This exceptional 4,500 square foot office building, located at 303 N Fairmont Avenue Unit 303 in Morristown, Tennessee, presents a unique investment opportunity. Situated on a 0.39-acre lot, the property boasts excellent visibility and a prime location within Morristown. The building's current configuration offers considerable flexibility, allowing for use as a single large office space or subdivision into as many as six separate suites, catering to diverse business needs. This adaptability makes it ideal for a variety of uses, from a single corporate headquarters to a multi-tenant complex. The building's substantial size and layout provide ample room for expansion or customization to meet specific requirements. Furthermore, the upper level presents a compelling possibility for conversion into residential apartment units, significantly increasing the property's potential return on investment. This conversion would allow for a mixed-use development, capitalizing on the growing demand for housing in the area. The property's strategic location in Morristown ensures easy access to local amenities, transportation routes, and a thriving business community. This is a rare opportunity to acquire a versatile and well-positioned commercial property with significant upside potential. The asking price is $450,000.

Property Details for 303 Fairmont Ave

Property type
Office properties
Square Feet
4,500 SF
Year Built
1973
Lot Size (sq. ft)
16,988 SF

Location Insight

City
Morristown
County
Hamblen
State
Tennessee
Latitude
36.2077
Longitude
-83.30809

FAQs

What type of property is this?
Office property - Spacious office, flexible layout, high visibility.
Where is the office property located?
The property is located at 303 Fairmont Ave Morristown, TN.
What is the asking price?
The asking price for this property is $450,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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303 Fairmont Ave
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