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    217 Western Ave Morristown, TN 37814

    For Sale
    $499,000

    Office - Morristown, TN

    Type:Office
    Lot size:
    0.33 Acres
    Days on Market:
    159
    Last Refresh:
    Dec 8 at 7:06 am

    Property Features for 217 Western Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Natural Gas
    Cooling system
    Central Air, Gas (Cooling), Heat Pump, Multi Units

    Building Details

    Year built
    1951
    Building materials
    Block, Stucco
    Roof type
    Flat, Rubber, Shingle
    Architectural style
    Other

    Crye-Leike Lakeway West (423) 586-4115

    Listing agent Corbin Norton (423) 586-4115 License #363246

    Listing date Jul 3, 2025

    MLS# 708181 Listing URL

    Copyright © 2025 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.

    Overview

    Morristown Office Building For Sale

    This office building, located in the heart of Morristown, Tennessee, presents a rare opportunity for purchase. The building features six offices, two large common areas, one full and one half bathroom, and a full kitchen. There is also 1,700 square feet of unfinished basement space available for storage. The property includes ample parking and is centrally located. The building is in excellent condition and has been well maintained. The lot size is 0.33 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.320697
    Latitude
    36.204817

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    FAQs

    What type of property is this?
    Office building - Well-maintained office building in the heart of Morristown, Tennessee.
    Where is this office building located?
    The property is located at 217 Western Ave Morristown, TN.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Large office building in the heart of Morristown.; - Features 6 offices, 2 large common areas, 1.5 baths, and a full kitchen.; - Includes 1700 sq ft of unfinished basement for storage.
    (423) 586-4115
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    217 Western Ave Morristown, TN 37814
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