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1609 W 1st North St 23,661 SF Office Building Morristown, TN 37814 $5,441,904 CAD ($229.99 CAD/SF)



Investment Highlights
- Prime Industrial Opportunity in Morristown, TN
- Strong Investment & Growth Potential
- Flexible & Functional Layout
Executive Summary
Discover a significant commercial opportunity at 1609 W 1st North Street, Morristown, TN 37814 — a well-positioned industrial/commercial asset situated on approximately 2.04 acres with a 27,110 ± sq ft building footprint.
Originally built in 1966 with additions in 1969 and main floor office renovations completed in 1999, the property offers a functional and established layout designed for efficiency and flexibility.
Interior space includes approximately:
6,340 sq ft of warehouse
2,467 sq ft pressroom
2,980 sq ft mailroom
making it well-suited for a variety of operations.
This versatile facility supports multiple uses including light industrial, manufacturing, warehousing, distribution, or corporate office space. Its strategic location in Hamblen County provides strong accessibility and visibility within the growing Morristown market, known for its balanced economy and strong industrial base.
With ample acreage, functional improvements, and adaptable space, this property presents a rare opportunity for both owner-users and investors seeking established commercial real estate in East Tennessee.
? Location Highlights
• Strong Industrial Identity: Morristown’s commercial and industrial sectors continue to grow, supported by a skilled workforce and steady regional demand, positioning this property as a valuable part of the local economy.
• Functional Infrastructure: The ample lot size and flexible building space accommodate a variety of business types — from production and distribution to administrative headquarters — making it appealing for business expansion or multi-tenant income potential.
• Accessibility: Situated in proximity to key local amenities and transportation corridors within Morristown, this location offers convenient access for employees, clients, and logistics operations.
Originally built in 1966 with additions in 1969 and main floor office renovations completed in 1999, the property offers a functional and established layout designed for efficiency and flexibility.
Interior space includes approximately:
6,340 sq ft of warehouse
2,467 sq ft pressroom
2,980 sq ft mailroom
making it well-suited for a variety of operations.
This versatile facility supports multiple uses including light industrial, manufacturing, warehousing, distribution, or corporate office space. Its strategic location in Hamblen County provides strong accessibility and visibility within the growing Morristown market, known for its balanced economy and strong industrial base.
With ample acreage, functional improvements, and adaptable space, this property presents a rare opportunity for both owner-users and investors seeking established commercial real estate in East Tennessee.
? Location Highlights
• Strong Industrial Identity: Morristown’s commercial and industrial sectors continue to grow, supported by a skilled workforce and steady regional demand, positioning this property as a valuable part of the local economy.
• Functional Infrastructure: The ample lot size and flexible building space accommodate a variety of business types — from production and distribution to administrative headquarters — making it appealing for business expansion or multi-tenant income potential.
• Accessibility: Situated in proximity to key local amenities and transportation corridors within Morristown, this location offers convenient access for employees, clients, and logistics operations.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
23,661 SF
Building Class
C
Year Built
1966
Price
$5,441,904 CAD
Price Per SF
$229.99 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
23,661 SF
Building FAR
0.39
Lot Size
1.40 AC
Opportunity Zone
Yes
Parking
38 Spaces (1.61 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 041C-B-022.00 | Improvements Assessment | $445,896 CAD |
| Land Assessment | $85,516 CAD | Total Assessment | $531,412 CAD |
Property Taxes
Parcel Number
041C-B-022.00
Land Assessment
$85,516 CAD
Improvements Assessment
$445,896 CAD
Total Assessment
$531,412 CAD
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1609 W 1st North St
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