For Sale
$419,900

111 Cosby HwyNewport, TN 37821

Cosby Hwy. Office/Warehouse, Multi-Income Streams

Overview

Added:
Feb 3
Days on market:
60
This exceptional commercial property, located at 111 N Cosby Hwy. Unit 111, Newport, TN, presents a unique investment opportunity. Boasting a total of 4,384 square feet, this building offers a versatile layout ideal for a variety of businesses. The property includes 228 square feet of dedicated retail space, perfectly positioned for high visibility and foot traffic, given its location directly across from a Walgreens on the busy Cosby Highway. In addition to the retail area, a substantial 2,096 square feet of warehouse space provides ample storage or production area. The property sits on a 0.27-acre lot, offering potential for expansion or outdoor use. The current configuration suggests the potential for five separate income streams, making this an attractive prospect for investors seeking a diversified portfolio. The asking price for this prime commercial real estate is $419,900. This property's strategic location, combined with its diverse space and high income potential, makes it a compelling investment opportunity in the thriving Newport, TN market. The combination of retail and warehouse space offers flexibility for a wide range of businesses, ensuring strong potential for long-term rental income and appreciation. Serious inquiries are encouraged to explore this promising investment further. The property is ready for immediate occupancy and offers a chance to capitalize on a high-traffic location and a versatile space.

Property Details for 111 Cosby Hwy

Property type
Office properties
Square Feet
4,384 SF
Year Built
1986
Lot Size (sq. ft)
11,761 SF

Location Insight

City
Newport
County
Cocke
State
Tennessee
Latitude
35.96779
Longitude
-83.19261
111 Cosby Hwy, Newport, Tennessee

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111 Cosby Hwy
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