Mixed-Use Property with
New
For Sale
$1,100,000
1-861 W Highway 25 70, Newport, TN 37821
An operating laundromat is paired with adjoining space suited to retail or rental use.
Property Size3,504 SF
Price / SF$313.93
Days on Market6
Property Features for 1-861 W Highway 25 70
General Information
Standard status
Active
Size
3,504 SF
Total Parking Spaces
23
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Tenancy
Multi
Listing Agency:
Country Living Realty
(423) 430-9012
Listed By:
Don Fabrikant · License #300538
(423) 237-1046
Source:
Exprealty
Added: Oct 2
Changed: Oct 6
Last Checked: Oct 6 at 2:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Country Living Realty
Investment Insights
Based on property information with market context.
This mixed-use commercial property in Newport combines an established laundromat with 1,316 square feet of adjoining retail or rental space. The property also includes 23 parking spaces and approximately 175 feet of frontage along Highway 25/70.
The site is 2.4 miles from downtown Newport and less than a minute from the Highway 321 bypass. Reported regional drive times include approximately 44 minutes to Knoxville, 30 minutes to Morristown, 34 minutes to Sevierville, and 38 minutes to Hot Springs, North Carolina.
The site is 2.4 miles from downtown Newport and less than a minute from the Highway 321 bypass. Reported regional drive times include approximately 44 minutes to Knoxville, 30 minutes to Morristown, 34 minutes to Sevierville, and 38 minutes to Hot Springs, North Carolina.
Key Highlights
- Established laundromat with adjoining retail or rental space
- 1,316 square feet of retail or rental space
- Approximately 175 feet of frontage on Highway 25/70
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Dining 46%
Electronics 8%
Krystal
Dining
12,669 visits/mo
0.4 miles
Dollar Tree
Shops & Services
9,769 visits/mo
0.3 miles
Dollar General
Shops & Services
7,038 visits/mo
0.1 miles
Little Caesars Pizza
Dining
3,907 visits/mo
0.3 miles
Cricket Wireless Authorized Retailer
Electronics
2,927 visits/mo
0.3 miles
Demographics for 37821, TN
22,928
Population
10,897
Households
2.1
Avg Household Size
44
Median Age
9%
College-Educated
84%
High-School Grad
129.8 sq mi
ZIP Area
177
Density / Sq Mi
$45,350
Median Household Income
$34,307
Median Earnings
$789
Median Rent
$127,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - An operating laundromat is paired with adjoining space suited to retail or rental use.
Where is this mixed-use property located?
The property is located at 1-861 W Highway 25 70 Newport, TN.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Established laundromat with adjoining retail or rental space; 1,316 square feet of retail or rental space; Approximately 175 feet of frontage on Highway 25/70
