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    1010 Hwy W, Unit 25-70 Newport, TN 37821

    For Sale
    $799,000

    Mixed Use - Newport, TN

    Type:Mixed Use
    Lot size:
    0.33 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 1010 Hwy W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating), Natural Gas
    Cooling system
    Central Air, ENERGY STAR Qualified Equipment, Heat Pump

    Building Details

    Year built
    1940
    Building materials
    Blown-In Insulation, Foam Insulation, Frame, Metal Siding, Natural Building, See Remarks
    Roof type
    Metal
    Architectural style
    Other

    GODDARD REAL ESTATE & AUCTION COMP (423) 623-5055

    Listing agent Melissa Goddard (423) 623-5055 License #281401

    Listing date Nov 25, 2025

    MLS# 709728 Listing URL

    Copyright © 2025 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Multi-Use Commercial Building

    Located on Highway 25/70 in Cocke County, just 3 minutes from Interstate 40, this multi-use commercial building offers a versatile space for various business ventures. The two-and-a-half-story structure was completely remodeled inside and out in 2025. The building features new spray foam insulation and two CHA systems, one gas and one electric. The property includes nine rooms, making it suitable for a treatment center, office space, or any business requiring multiple private areas. These rooms could also be leased individually for additional income. The building also contains 2.5 bathrooms, a laundry area, and a new kitchen. The oversized main room features hardwood flooring and a stage area, ideal for speaking, training, or presentations. The property is situated on a level 0.33-acre lot with ample parking. City water is in place, and while the property currently uses a septic tank, city sewer is available. The property sits outside city limits and has low yearly taxes.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Newport
    County
    Cocke
    State
    Tennessee
    Longitude
    -83.239019
    Latitude
    35.973559

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    FAQs

    What type of property is this?
    Office space - Completely remodeled building suitable for office, retail, or treatment center.
    Where is this office space located?
    The property is located at 1010 Hwy W, Unit 25-70 Newport, TN.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Completely remodeled in 2025 with high-end upgrades, including new spray foam insulation and two CHA systems.; - Prime location on highly traveled Hwy 25/70, just 3 minutes from Interstate 40.; - Versatile multi-use commercial building with nine rooms suitable for a treatment center, office space, or other businesses.
    (423) 623-5055
    Request Owner's contact information
    1010 Hwy W, Unit 25-70 Newport, TN 37821
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    Newport, TN 37821
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1010 Hwy W, Unit 25-70 Newport, TN 37821
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