For Sale
$420,000

249 Main StNewport, TN 37821

Historic Brick Buildings, Huge Potential

Overview

Added:
Feb 3
Days on market:
60
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

Property Details for 249 Main St

Property type
Mixed-use properties
Year Built
1900
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Newport
County
Cocke
State
Tennessee
Latitude
35.96753
Longitude
-83.18698
249 Main St, Newport, Tennessee

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249 Main St
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