861 Highway 25 70, Newport, TN 37821
861 Highway 25 70, Newport, TN 37821
861 Highway 25 70, Newport, TN 37821
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Dena Brown

Dena Brown

+1(423) 327-9634
Listed by Donald Fabrikant • Country Living Realty
$1,100,000
Est. payment /mo
2,352 SqFt
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,352 sqft

Price per Sqft $467

MLS Listing ID 713198

Year Built 2000

Annual Tax Amount $3,482

Lot Size 2,352 Sqft

Acres 0.05

Lot Dimensions 0.05

Property Sub-Type Mixed Use

Source Lakeway Area Association of REALTORS®

Property Description

Prime Commercial Investment Opportunity | Newport, Tennessee, Established Laundromat, Retail/Rental Space & High-Visibility Highway Frontage and 23 parking spaces. This exceptional commercial investment opportunity along Highway 25/70 in Newport, Tennessee. Strategically positioned less than a minute from the new Highway 321 bypass, this property offers approximately 175 feet of highway frontage, excellent visibility and convenient access. With an estimated daily traffic count exceeding 20,000 vehicles in 2025, the location provides substantial exposure for established businesses and future commercial ventures. The property features an established, well-maintained laundromat and approximately 1,316 square feet of versatile retail/rental space, offering opportunities for owner-operators, investors or entrepreneurs seeking a highly visible commercial location. The laundromat has an established customer base and a reputation for cleanliness and reliability. The adjoining retail space provides additional flexibility for a complementary business, independent retail operation or potential rental income. With the convenient entrance, accessible parking and prominent highway exposure, the property is designed to accommodate customer traffic while providing convenient access to the surrounding communities. Strategic East Tennessee Location Located just 2.4 miles from downtown Newport, this commercial property benefits from convenient access to major regional destinations, including: Knoxville: Approximately 44 minutes, Morristown: Approximately 30 minutes, Sevierville: Approximately 34 minutes, Hot Springs, North Carolina: Approximately 38 minutes. SOme pictures have been digitally enhanced

Location

State TN

County Cocke

Direction From downtown Newport take 25-70W towards I-40, property will be on the left in 2.4 miles.

Interior

Heating Central, Heat Pump

Cooling Central Air, Electric

Exterior

Utilities Available Electricity Connected, Natural Gas Available

Roof Type Built-Up,Composition

Building

Lot Description Level

Structure Type Asphalt,Brick

Others

Senior Community No

Tax ID 046 137.00

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Seller Will Divide

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Dena Brown

Dena Brown

+1(423) 327-9634

Principal Broker License ID: 341422

Principal Broker License ID: 341422

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