249 Main St Newport, TN 37821

This exceptional mixed-use investment opportunity encompasses three parcels totaling 0.2 acres in vibrant downtown Newport, TN. The property features two historic brick buildings, formerly known as Newport Dry Goods, offering a combined approximate 9,980 square feet of space. Building #249, a two-story structure, boasts approximately 3,680 square feet, while the three-story Building #251 offers approximately 6,300 square feet. These buildings command stunning views overlooking the old train depot and the Pigeon River. A convenient parking area located behind the buildings (Parcel 025.00) is included. The property presents a unique chance to capitalize on the revitalization of downtown Newport. Buyers can develop these buildings into rental properties or establish a thriving personal business. The asking price for all three parcels is $420,000. It's important to note that the property is located in a flood zone area (AE), as detailed in the attached flood map