9476 Morgan Co Hwy Sunbright, TN 37872
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1360926
Year Built 1944
Lot Dimensions 273 x 94 x 260 x IRR
Source East Tennessee REALTORS® MLS
Property Description
Exceptional opportunity to own a versatile commercial investment property featuring 1.13 acres with road frontage along Morgan County Hwy! This unique property includes three existing structures, offering a variety of possibilities for commercial investors, entrepreneurs, business owners, and redevelopment-minded buyers.
The property features a 1-bedroom, 1-bath single-family home, a 4-unit efficiency motel, and a former restaurant building. The combination of residential, lodging, and former restaurant structures creates an opportunity to explore multiple potential business ventures, rental possibilities, hospitality uses, or future redevelopment, subject to zoning and applicable approvals.
With highway frontage, multiple existing buildings, and 1.13 acres of land, this property offers an attractive opportunity for buyers seeking commercial real estate with existing improvements and potential for repositioning. Located along Morgan County Hwy in a peaceful rural setting, the property offers convenient roadway access and the opportunity to serve surrounding communities and travelers.
Whether you're searching for commercial investment property, motel or hospitality property, restaurant redevelopment, multi-structure commercial acreage, or your next business venture, this property deserves a closer look. Bring your vision and explore the possibilities!
PROPERTY SOLD AS-IS. Seller will make no repairs. Buyers to perform their own due diligence regarding property condition, zoning, permitted uses, and redevelopment potential.
Location
State TN
County Morgan County - 35
Rooms
Other Rooms Other
Interior
Heating Natural Gas, Space Heater, Other, Electric
Cooling Other, None
Flooring Laminate, Vinyl, Other
Heat Source Natural Gas, Space Heater, Other, Electric
Exterior
Parking Features Off-Street Parking, On Premise Parking
Garage Description Off-Street Parking, On Premise Parking
Roof Type Asphalt
Garage No
Building
Faces From I-40 W, take Exit 376 toward TN-27 N/Wartburg. Continue approximately 12 miles, then turn left onto Morgan County Hwy (TN-62 W). Travel approximately 5 miles. Property at 9476 Morgan County Hwy will be on the left.
Structure Type Stone,Brick,Frame,Other
Schools
Elementary Schools Sunbright
Middle Schools Central
High Schools Central
Others
Restrictions No
Tax ID 019 007.00
Energy Description Electric, Gas(Natural)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional