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    216 W Broadway St Newport, TN 37821

    For Lease
    $1,800 /Mo

    Clear Span, Retail - Newport, TN

    Type:Retail
    Lot size:
    4.00 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 13 at 5:06 am

    Property Features for 216 W Broadway St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Lot size
    4.00 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Natural Gas
    Cooling system
    Central Air, Heat Pump

    Building Details

    Year built
    1970
    Architectural style
    Other

    Hopkins Real Estate & Auction Team

    Listing agent Tristan Taylor Hopkins (423) 754-5272 License #356445

    Listing date Oct 30, 2025

    MLS# 707403 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

    Retail Space in Busy Center

    This 2,400 sq. ft. commercial space is available for lease in a high-traffic shopping center. The location offers visibility and is suitable for retail, office, or service-oriented businesses. The shopping center is anchored by Dollar General, Price Less Foods, and Ace Hardware, benefiting from a loyal customer base. The property features ample parking and easy access for customers and employees. The space was formerly a laundromat. The property is located at 216 W W Broadway Street, Newport, TN 37821 and is part of a larger 4-acre lot.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Similar Places Nearby

    Duncan & Greer Center

    Map

    City
    Newport
    County
    Cocke
    State
    Tennessee
    Longitude
    -83.197471
    Latitude
    35.968215

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    FAQs

    What type of property is this?
    Shopping center - 2,400 sq ft retail space in high-traffic Newport shopping center.
    Where is this shopping center located?
    The property is located at 216 W Broadway St Newport, TN.
    What is the lease rate?
    The lease rate is $0.12 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location within a busy shopping center; - Anchored by Dollar General, Price Less Foods, and Ace Hardware; - 2,400 sq. ft. commercial space suitable for retail, office, or service businesses
    (423) 754-5272
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    216 W Broadway St Newport, TN 37821
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