Fantastic Commercial Location on Highway 92

Retail-Commercial for Sale
Catylist Listing ID: 30848454
Property Subtypes: Free-Standing Building, Garden Center, Restaurant, Street Retail
Building Size (RSF): 1,200 SF
Gross Building Area: See Agent
Sale Price: $250,000
Unit Price: $208.33 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/6/2023

Overview / Comments

This property with approximately one acre on Highway 92 in Dandridge is improved with a loft barn known as "the Mill." The Mill is sound and that retains its rustic charm. The property is situated at a signalized intersection at Hwy 92 and Dumplin Valley Road, directly in front of the Jefferson County Farmers Co-Op and right across Hwy 92 from Jefferson County High School.

Visibility and access are both excellent.

The Mill building could be used as storage/office/retail space, and the land, given its great location, could be readily repurposed for a commercial use that requires good exposure and that needs to offer convenience, such as a small c-store or restaurant.

The property is currently zoned residential, an effect of its earlier annexation by the town of Dandridge. When that occurred, all properties annexed defaulted to residential zoning. Changing the zoning to accommodate commercial uses would not be difficult.

Additional Details

Nearest MSA: Morristown
County: Jefferson
Taxing Authority: Dandridge TN + Jefferson County TN
Tax ID/APN: 04505701102
Retail Clientele: General, Family, Traveler
Property Visibility: Excellent

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,492 18,823
Median Age: 40.33 37.7
Households: 2,818 6,892


Photograph of Listing Agent

Robert Finley

Lawler-Wood, LLC ETNRCRE Member
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