Mooresburg Former Schoolhouse Building

Retail-Commercial for Sale
Catylist Listing ID: 30268523
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 9,053 SF
Gross Building Area: See Agent
Gross Land Area: 2.20 Acres
Sale Price: $550,000
Unit Price: $60.75 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2018

Overview / Comments

Lots of Potential! Built in 1950, this former school has been updated with new roof, some classrooms have been remodeled and some currently in progress. Owner has used for light manufacturing with new 3 phase electrical in place. Natural gas is available at the road. Public water and private septic. This 9,053 sq ft brick building on 2.2 acres is in excellent condition. Property lies just off Hwy 11W between Rogersville and Bean Station. Suited to re-purposing as private school, residential living facility, faith-based or civic organization, offices and a variety of other commercial uses.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Hawkins
Tax ID/APN: 123 016.03

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,117 6,804
Median Age: 43.17 43.28
Households: 2,051 2,770


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