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Storefront Property Beside Sonic
For Sale
$279,900

1161 S Cumberland Street, Morristown, TN 37813

Commercial Sale, Morristown, TN

Property SizeContact for details
Lot Size0.37 Acres
Days on Market865

Property Features for 1161 S Cumberland Street

General Information

Property type Commercial Sale
Property subtype Other
Fencing Chain Link, Fenced
Lot features Corner Lot
Directions Take I-81 to Exit 8. R towards Morristown. L on S Cumberland. Beside Sonic.
Standard status Active
APN 011.00
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 988

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Wall Furnace
Water source Public

Building Details

Year built 1938
Listing Agency: Greater Impact Realty Lakeway
Listed By: Delyn Seal
Added: May 14, 2024 Changed: Sep 16 Last Checked: Sep 25 at 6:06AM
MLS# 703741

Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront property sits on a 0.37-acre parcel and was built in 1938. The site includes chain-link fencing and is currently rented, providing an existing commercial occupancy profile. A wall furnace serves the property.

Public water and public sewer are available, along with natural gas service. The property is positioned beside Sonic on South Cumberland Street in Morristown, offering a recognizable commercial setting within Hamblen County.

Key Highlights

  • 0.37‑acre commercial parcel in Morristown
  • Storefront property built in 1938
  • Currently rented to a tenant

Property Analytics

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Current Use

Roberts Auto Sales Car Dealership

Suggested Use

Top Pick Dental Office Building Supply Parking Lot & Garage HVAC Service Restaurant Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

405
Businesses Nearby
Under-served
Demand for This Use

Demographics for 37813, TN

18,030
Population
7,492
Households
2.4
Avg Household Size
37
Median Age
15%
College-Educated
84%
High-School Grad
58.0 sq mi
ZIP Area
311
Density / Sq Mi
$47,783
Median Household Income
$34,827
Median Earnings
$813
Median Rent
$158,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Fenced commercial property with public water, sewer, and natural gas service, currently occupied by a tenant.
Where is this storefront property located?
The property is located at 1161 S Cumberland Street Morristown, TN.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 0.37‑acre commercial parcel in Morristown; Storefront property built in 1938; Currently rented to a tenant
More about this property
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