For Sale
$350,000

2747 Andrew Johnson HwyMorristown, TN 37814

Prime location, 8,849 SF building, 0.51 acres.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property, located at 2747 W Andrew Johnson Highway in Morristown, Tennessee, presents a unique investment opportunity. The 8,849 square foot building sits on a 0.51-acre lot and is ideally suited for a quick-service restaurant (QSR), fast food establishment, or other commercial ventures. Priced at $350,000 ($67.80 per square foot), this property boasts excellent visibility and accessibility, situated between downtown Morristown and the Cherokee Crossing intersection of Merchants Greene Boulevard and US Highway 11-E. High traffic counts and a growing market, fueled by the recent addition of numerous worldwide manufacturers and national retailers, make this a highly desirable location. The property benefits from its proximity to major retailers including Lowe's, Walmart Supercenter, Food City, Texas Roadhouse, and Chili's. Furthermore, its location near the newly constructed (2021) $37,000,000 Covenant Health Care outpatient facility (50,000 square feet), which includes a free-standing emergency department, diagnostics center, and physician center, ensures a strong and expanding customer base. This property offers significant potential for immediate return on investment and long-term growth in a thriving commercial area. The zip code is 37814.

Highlights

  • Prime location on W Andrew Johnson Hwy, Morristown, TN.
  • Strategically positioned between downtown Morristown and the Cherokee Crossing (Merchants Greene Blvd & US Hwy 11E).
  • 0.51-acre lot with an 8,849 SF building.
  • High traffic counts and excellent accessibility.
  • Strong growth fueled by new manufacturers and national retailers.
  • Close proximity to Lowe's, Walmart, Food City, Texas Roadhouse, Chili's, and Covenant Health's new $37 million, 50,000 SF outpatient facility (2021).

Property Details for 2747 Andrew Johnson Hwy

Property type
Retail properties, Restaurants
Square Feet
8,849 SF
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Morristown
County
Hamblen
State
Tennessee
Latitude
36.2016405
Longitude
-83.3318677
2747 Andrew Johnson Hwy, Morristown, Tennessee

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2747 Andrew Johnson Hwy
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