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    861 Hwy E, Unit 25-70 Newport, TN 37821

    Sponsored
    For Sale
    $2,999,000

    COMMERCIAL - Newport, TN

    Property size:
    9,029 SF
    Lot size:
    1.68 Acres
    Days on Market:
    61
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 861 Hwy E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    046 137.00
    Parking
    30
    Size
    9,029 SF
    Lot size
    1.68 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Heat Pump (Heating), Central
    Cooling system
    Heat Pump, Central Air
    Water source
    Public

    Building Details

    Year built
    2000
    Building materials
    Block, Brick, Metal Siding
    Roof type
    Metal

    Country Living Realty (423) 237-1046 [email protected]

    Listing agent Don Fabrikant (423) 430-9012 License #300538

    Listing date Nov 7, 2025

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Use Commercial Property For Sale

    This multi-use commercial property is located off 25/70 in Newport, TN, less than a minute from the new Hwy 321 bypass. The property has 380 feet of highway road frontage and an estimated daily traffic count of over 18,000 vehicles in 2024, a 19.0% increase over the prior year. It features three fully operational businesses: a laundromat, a retail store with approximately 1,316 sq. ft. of space, and a 5,252 sq. ft. lawn mower and small engine repair shop with retail space and a parts room. Additionally, there is a 6-bay car wash with outdoor vacuums. The property has two entrances and ample parking. Situated on two parcels, purchase options include acquiring the entire business portfolio or opting for a lease-back arrangement on the repair shop. The property is 2.4 miles from downtown Newport, 44 minutes to Knoxville, 30 minutes to Morristown, 34 minutes to Sevierville and 38 Minutes to Hot Springs, NC. The lot size is 1.68 acres and the property size is 9,029 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Newport
    County
    Cocke
    State
    Tennessee
    Longitude
    -83.227062
    Latitude
    35.974177

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    FAQs

    What type of property is this?
    Car wash - Thriving commercial property with diverse income streams in Newport, TN.
    Where is this car wash located?
    The property is located at 861 Hwy E, Unit 25-70 Newport, TN.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: - High-traffic location with 380 feet of highway road frontage and 18,000+ daily vehicle count, near Hwy 321 bypass.; - Turnkey investment with three fully operational businesses generating diverse income streams.; - Includes a 6-bay car wash with outdoor vacuums, adding another revenue stream.
    (423) 237-1046
    Request Owner's contact information
    861 Hwy E, 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

    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
    861 Hwy E, Unit 25-70 Newport, TN 37821
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