1190 Old Asheville HwyNewport, TN 37821
- Industrial properties
- 45,000 SF
Property Details for 1190 Old Asheville Hwy
- Year built
- 1973
- Lot size
- 6.83 AC
- Property size (Sq ft)
- 45,000 SF
- Property type
- Industrial properties
- Property subtype
- Other warehouses
Description
This exceptional 45,000-square-foot industrial property, situated on a 6.83-acre lot in Newport, Tennessee, presents a compelling investment opportunity. The property features two buildings, including a 40,000-square-foot warehouse with 5,000 square feet of office space, conveniently located approximately four miles from Interstate 40, Exit 435. The warehouse boasts 30-foot ceilings and 25-foot eaves, eight loading docks, and two drive-in doors, ensuring efficient operations. The office space comprises eleven offices, a breakroom, and restrooms. A significant advantage is the on-site 75,000-gallon fire suppression system, enhancing safety and security. Further adding to the property's versatility is a 900-square-foot outbuilding with two overhead doors. Built in 1973, this Class B property is zoned for light industrial use and is currently vacant, offering immediate occupancy. The property is accessed via two gated entrances off Old Asheville Highway, and is only 2.8 miles east of downtown Newport. The asking price is $3,800,000, translating to $84.44 per square foot. This represents a rare chance to acquire a well-equipped, strategically located industrial asset in East Tennessee. The property's features, size, and location make it ideal for a variety of industrial and distribution uses. The property's APN is 057 009.12 and is owned by an LLC.
Location Insight
- City
- Newport
- County
- Cocke
- State
- Tennessee
- Latitude
- 35.9584
- Longitude
- -83.1468
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].