128 S Cumberland St

Retail: Mixed Use

128 S Cumberland St, MorristownTN 37814

Property Details

Location

Address
128 S Cumberland St, MorristownTN 37814
County
Hamblen
Submarket
Parcels
032034PL01700
In Opportunity Zone
Yes

Building Size

Building Size
Rentable Space
22,050 SF

Building Details

Type
 Retail: Mixed Use
Number of Buildings
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
Year Built
1920
Sprinklers
Parking Ratio

Land & Utilities

Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
CBD
Lot Depth
Lot Width

Contacts

Current Listings

Back on Market! Price Improvement - Historic Downtown Morristown

22,050 SF$459,900
Re/Max Real Estate Ten

Constructed in about 1920; Historically, known as Morristown Grocery Co. and now a vacant building in Historic Downtown Morristown Central Business District ready for new purpose!

- 22,050 SF with approx. 3500 SF Basement

- Three stories

- Elevator

- 3 Phase Power

- Fire Sprinkler System (Dry) throughout – New in 2007

- Covered Back Patio

- Opportunity Zone

- Heavily trafficked, nearby busy intersection averaging 18K +/- cars daily

Great downtown location adjacent to Walgreens, PetSense, The Little Dutch Restaurant, Morristown Farmers Market which has green lawn space that houses festivals, concerts, gatherings and more! Free downtown parking in the rear.

Property has already been approved for Brewery/Taproom. Morristown passed an ordinance late 2019 allowing for breweries and Morristown currently only has 1 getting ready to open around the corner.

Great for an end user or demise and lease out remaining square footage. The following uses would suit well to area: Event/Wedding Venue (only 1 other small indoor venue in town) - Restaurant - Fitness Studio - Ice Cream Parlor – Coffee Shop - Brewery – Retail – Mix Use Retail/Residential

Property may qualify for a Façade Grant.

Contact agent for more details, questions or to view

Re/Max Real Estate Ten

Constructed in about 1920; Historically, known as Morristown Grocery Co. and now a vacant building in Historic Downtown Morristown Central Business District ready for new purpose!

- 22,050 SF with approx. 3500 SF Basement

- Three stories

- Elevator

- 3 Phase Power

- Fire Sprinkler System (Dry) throughout – New in 2007

- Covered Back Patio

- Opportunity Zone

- Heavily trafficked, nearby busy intersection averaging 18K +/- cars daily

Great downtown location adjacent to Walgreens, PetSense, The Little Dutch Restaurant, Morristown Farmers Market which has green lawn space that houses festivals, concerts, gatherings and more! Free downtown parking in the rear.

Property has already been approved for Brewery/Taproom. Morristown passed an ordinance late 2019 allowing for breweries and Morristown currently only has 1 getting ready to open around the corner.

Great for an end user or demise and lease out remaining square footage. The following uses would suit well to area: Event/Wedding Venue (only 1 other small indoor venue in town) - Restaurant - Fitness Studio - Ice Cream Parlor – Coffee Shop - Brewery – Retail – Mix Use Retail/Residential

Property may qualify for a Façade Grant.

Contact agent for more details, questions or to view

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: KAAR

More Information

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