3795 W Andrew Johnson Highway, Morristown, TN 37814
sale
$249,000
|
Other
Courtesy Of 10 Realty, LLC
This fully renovated, small-scale commercial property offers a unique opportunity for business owners, investors, and owner-users who want flexibility, visibility, and strong long-term value-all in one package. Sitting on three combined parcels totaling approximately 0.72 acres and zoned C-1, this property works just as well for a small office or professional service business as it does for someone who wants a comfortable live-work setup. Whether you're looking for a place to operate your business, generate rental income, or do both, this property gives you options. The main building was completely updated in 2025 and offers approximately 996 square feet of clean, modern, and functional space. Inside, you'll find a welcoming main living or reception area, a full kitchen, bathroom, two private rooms that can serve as offices or bedrooms, a bonus room, and a laundry closet. The former patio has been enclosed and converted into air-conditioned space, adding extra usable square footage. Recent upgrades include new sheetrock and paint, updated lighting, new cabinets and solid countertops, modern appliances, commercial-grade floating flooring, a new split-system HVAC, updated electrical, exterior metal siding, and a new metal roof. Simply put, this is a move-in-ready property with very little left to do. The property is connected to public electricity, water, and sewer, making ownership simple and reliable. It is currently leased to a residential tenant paying $1,100 per month, with a lease in place through June 2026, providing immediate income for investors. For buyers who plan to occupy the property themselves, this creates a smooth transition period with built-in cash flow. After the lease expires, the property can continue as a rental, be converted to a commercial tenant, or be used by an owner-operator. One of the biggest advantages of this property is the extra land. In addition to the main building parcel, two adjoining lots are included, offering valuable space for parking, future expansion, storage, or additional structures. This makes the site especially attractive for businesses that expect to grow or investors looking for long-term upside. Combined with C-1 zoning and strong road visibility, the property offers flexibility that is hard to find at this size and price point. Overall, this is a rare opportunity to own a fully renovated, income-producing, and commercially zoned property that works for a wide range of buyers. It's ideal for small business owners, entrepreneurs, investors, and anyone looking for an affordable way to combine workspace and living space in one location. For more information, to schedule a private showing, or to discuss submitting a letter of intent or purchase offer, interested parties are encouraged to contact the listing broker. Investment Highlights C-1 Commercial Zoning - Allows for a wide range of office, professional, and mixed-use applications, including live-work opportunities. Three-Parcel Assemblage (+/-0.72 Acres) - Rare small-scale commercial site with excess land for parking, expansion, storage, or future development. Fully Renovated in 2025 - Extensive upgrades including new HVAC, metal roof, exterior cladding, updated electrical, modern finishes, and enclosed patio converted to conditioned space. Move-In Ready Condition - Minimal deferred maintenance and low near-term capital expenditure requirements. Stabilized In-Place Income - Currently leased at $1,100/month through June 2026, providing immediate cash flow for investors. Owner-User Flexibility - Opportunity to occupy upon lease expiration while benefiting from interim rental income. Live-Work Capability - Functional layout supports residential use, office use, or a combination of both. Strong Visibility Location - Positioned along a major commercial corridor with daily traffic exposure. Public Utilities - Connected to public electric, water, and sewer for reliable long-term ope Public Utilities - Connected to public electric, w
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Property Features
- Age: Over 50 Years Old
- Cooling System: Ductless
- Cooling System: Electric
- Exterior Type: Frame
- Exterior Type: Metal Siding
- Floor Covering: Vinyl
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Ductless (Heating)
- MLSID: 309933
- Parking Spaces: 4
- Rooms: Basement
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