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    237 E Main St Newport, TN 37821

    Picture of Storefront properties at E Main St 237, Newport, TN
    For Sale
    $494,000

    Retail - Newport, TN

    Type:Retail
    Lot size:
    0.04 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 237 E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Lot size
    0.04 Acres

    Building Details

    Year built
    1910
    Architectural style
    Other

    DAYBREAK PROPERTY HOLDINGS (865) 964-1516

    Listing agent Scot Zalewski (865) 964-1516 License #356165

    Listing date Oct 17, 2025

    MLS# 707615 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

    Redevelopment Opportunity on Main Street

    This block of buildings, situated on a busy corner of East Main Street in Newport, Tennessee, presents a redevelopment opportunity for investors. The property consists of 8 lots, offering a fresh canvas for creating a preferred business model. The lot size is approximately 0.04 acres. The property is located in Cocke County, with the postal code 37821.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Flowers By Wilma

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Cocke
    State
    Tennessee
    Longitude
    -83.187581
    Latitude
    35.967699

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    FAQs

    What type of property is this?
    Storefront property - Redevelopment opportunity on a busy corner in Newport, Tennessee.
    Where is this storefront property located?
    The property is located at 237 E Main St Newport, TN.
    What is the asking price?
    The asking price for this property is $494,000.
    What are key features of this property?
    This property features: - Redevelopment opportunity on a busy corner.; - Located on E Main Street.; - Eight (8) lots included.
    (865) 964-1516
    Request Owner's contact information
    237 E Main St 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

    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
    237 E Main St Newport, TN 37821
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