Conventional Restaurant

Newport, TN Conventional Restaurants for Sale

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Turnkey Hibachi and Sushi Restaurant
Updated: Jul 9
Turnkey Hibachi and Sushi Restaurant

365 W Broadway Street, Newport, TN 37821

$950,000
3,044 sqft 1.04 AC lot
Fully operational restaurant on West Broadway with spacious dining area for 100+ guests
Commercial kitchen is equipped with walk‑in cooler, flat‑top grill, gas ranges, ice machine, dishwasher, and ample prep space
Includes dedicated sushi bar with additional seating and four hibachi tables
On‑site parking for 50+ vehicles plus large illuminated roadside sign and strong road frontage
Utilities: public water and public sewer; heating by natural gas; cooling includes central air and electric
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Restaurant-Ready Commercial Building
Updated: Jul 9
Restaurant-Ready Commercial Building

191 W Broadway Street, Newport, TN 37821

$345,000
0.40 AC lot
Restaurant‑ready building setup; could also be used for office or retail
1329 SF building
Year built 1990
Central heating and central air
Public water and public sewer
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Newport, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Dual Downtown Restaurant and Apartment
Dual Downtown Restaurant and Apartment

114 & 116 E Main Street, Rogersville, TN 37857

$1,999,900
9,000 sqft 0.44 AC lot

Two adjoining buildings on East Main Street combine updated restaurant space with apartment units above.

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Downtown Mixed-Use Commercial Building
Downtown Mixed-Use Commercial Building

31 Penland Street, Canton, NC 28716

$219,000
0.38 AC lot

Over 3,000 sf downtown commercial building with a flexible layout and ample on-site parking.

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Mixed-Use Building with Restaurant Lease
Mixed-Use Building with Restaurant Lease

114 E Main Street, Rogersville, TN 37857

$999,900
4,800 sqft

Brick mixed-use building with renovated interior, an upper apartment, and a main-floor restaurant on a short lease.

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Restaurant and Retail Property
Restaurant and Retail Property

6306 Pigeon Rd, Canton, NC 28716

$2,699,000

Freestanding restaurant with retail shop, unfinished basement, and new HVAC, supported by about 40 paved parking spaces.

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Newport, TN Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Newport, TN on our real estate platform. These investment opportunities span a total of 3,044 square feet of properties for sale, with an estimated market value of $950,000.

Sale prices for conventional restaurants in Newport, TN start at $950,000, averaging $950,000, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 1

Demographics Overview

Population 22K
Population Growth (5Y) +0.0%
Median Household Income $45,350
College Educated 6.1%

High-Yield Neighborhoods for Investment

Identify Newport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
37821 $165K

Taxes & Financing

Tax Rate (average for all types) 4.35%
Property Tax per SF $79.35 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cocke County

New Delisted

Total CRE Inventory on Market (SF)

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