5305 & 5307 W Andrew Johnson Hwy
5305 & 5307 W Andrew Johnson Hwy, Morristown, TN
For Sale
Mixed Use
$2,500,000
Price
1977
Year Built
703418
MlsNumber
Overview
Year Built
1977
MlsNumber
703418
Description
On West Andrew Johnson across the highway from Morristown Chevrolet on the corner of Panda.
6 bay auto repair shop building with 4 inground lifts, a sleeping room, office and bath with shower, a vacant commercial lot on W Andrew Johnson Hwy and 13 - 1 bedroom apartments and 1 - 2 bedroom apartment with a full basement retained and used by the owner. Total current income is $166,800 annually. Pest control contract - $150 every 3 months. Water runs approximately $450-$475 per month. Laundry room brings in approximately $300 per month with an $80 expense for gas. Also you could rent out the 7833 square foot basement.
Highlights
- Age: 41-50 Years Old
- Sewer: Public
- Water: City Water
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Listing ID: 9c9846dc-6141-4639-9c1c-654c33335da3
Listing ID: 9c9846dc-6141-4639-9c1c-654c33335da3