977 Highway 25-70, Newport, TN 37821
Cocke County
Key Facts
Description
This property offers over 10,000 sq ft of usable space sitting on 1.9 acres of land, making it an ideal location for a warehouse or any type of business. This location is very close to the entrance of the expanded Highway 321 with travel time being approximately., 45 Min to Gatlinburg, 35 Min to Sevierville and 48 Min to Knoxville making this a perfect location for any business. Its conveniently situated off I-40, boasting 247 feet of highway road frontage and offers over 50 parking spaces in a paved parking lot. In addition to the main space, there is also a separate apartment with its own entrance at the back of the building. The apartment is currently set up as a 1 bedroom, 1 bathroom space but can easily be converted into a 2-bedroom unit. The apartment comes with essential appliances such as a microwave, range and washer and dryer hookups. Previously used as a bowling alley, the property comes fully equipped with amenities such as an air hockey table, video games, vending machines, and more. The roof is approximately 10 years old, providing peace of mind for potential buyers. The property offers a plethora of possibilities and is must-see. Schedule a viewing today to explore its full potential!
Property Information
Property Type
Commercial Sale
Year Built
1961
Living Area
10,716 sq ft
Lot Size
1.90 acres
Lot Dimensions
1.9 ACRES
Parking Spaces
50
Zoning
N
Days on Market
984
MLS® Listing#
9952604
Property Features
Cooling
Heating
Construction
Roof
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
046 129.00
Directions
Take HWY 321 towards Newport. Turn R onto E Main Street. Go through the traffic light by Walgreens and continue straight on W HWY 25-70. Property in on the left (Victory Lanes).
Affordability Calculator
$140,200
Estimated monthly payment
$3,731/mo
Principal $560,800 · Est. interest $782,366 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newport, TN
- $350,000
- Median Listing Price
- 66
- Median Days on Market
- 1,800
- Median Sq Ft
- $196
- Median Price / Sq Ft
- 188
- Active Listings
- This home’s price is 100% above the area median.
- Its price per sq ft is 67% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newport, TN.
Location
Getting Around
Points of Interest in Newport, TN
Showing the Newport area map.
Nearby Schools
Newport Head Start
School · 1.2 mi away
Edgemont Elementary
Elementary · 1.5 mi away
Cocke County School District
School · 2.1 mi away
Cocke Co Alternative School
School · 2.3 mi away
Cocke County High School
Secondary · 2.3 mi away
Douglas Cherokee Headstart
School · 2.5 mi away
Prospect Headstart
School · 2.5 mi away
First Baptist Early Education School
School · 2.8 mi away
Newport Grammar School
Elementary · 2.8 mi away
Northwest Cafeteria
School · 3.5 mi away
Northwest Elementary School
Elementary · 3.5 mi away
Bridgeport Elementary School
Elementary · 6.3 mi away
Parrottsville Elementary School
Elementary · 8.0 mi away
Cosby Elementary School
Elementary · 9.1 mi away
Cosby High School
Secondary · 9.1 mi away
White Pine Elementary
Elementary · 9.3 mi away
Lonnie Bird
School · 9.6 mi away
New Vision Christian School
School · 9.7 mi away
Maury Middle School
Secondary · 10.0 mi away
Jones Cove Elementary
Elementary · 11.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 901 Nibor Way, Newport, TN | $499,000 | 3 | 2 | 1,500 |
| 1040 Sturmhaben Way, Newport, TN | $499,000 | 2 | 1 | 1,524 |
| 364 Jasmine Rd, Newport, TN | $499,000 | 3 | 2 | 1,200 |
| 1040 Sturmhaben Way, Newport, TN | $499,000 | 2 | 1 | 1,524 |
| 1040 Sturmhaben Way, Newport, TN | $499,000 | 2 | 1 | 1,524 |
| 1040 Sturmhaben Way, Newport, TN | $499,000 | 2 | 1 | 1,524 |
Moving Cost Estimate
EXIT Agents in Newport
Listing Courtesy: Country Living Realty - 4234309012
Presented by: Stephanie Posey