977 Hwy 25-70 HwyNewport, TN 37821

Property Details for 977 Hwy 25-70 Hwy

Year built

1961

Lot size

1.90 AC

Property type

Investment properties

Description

This exceptional commercial property in Newport, Tennessee, presents a unique investment opportunity. Boasting over 10,000 square feet of usable space situated on a 1.9-acre lot, this location offers unparalleled potential for a diverse range of businesses. Its strategic position near the entrance of the expanded Highway 321 provides easy access to major transportation routes, with convenient commutes to Gatlinburg (45 minutes), Sevierville (35 minutes), and Knoxville (48 minutes). The property benefits from 247 feet of highway road frontage and a large paved parking lot accommodating over 50 vehicles. Adding to its versatility, a separate apartment with its own entrance is located at the rear of the main building. Currently configured as a one-bedroom, one-bathroom unit, it can be easily adapted into a two-bedroom space. The apartment includes a microwave, range, and washer/dryer hookups. Previously utilized as a bowling alley, the property retains various amenities, including an air hockey table, video games, and vending machines. The roof is approximately 10 years old. This property's combination of size, location, and existing features makes it a truly compelling investment prospect. Don't miss the chance to explore the possibilities.

Location Insight

City

Newport

County

Cocke

State

Tennessee

Latitude

35.9732

Longitude

-83.2362

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