Commercial Property with Development
For Sale
$150,000
108 English Street, Newport, TN 37821
Affordable commercial property with city utilities and development potential.
Property SizeContact for details
Days on Market597
Property Features for 108 English Street
General Information
Standard status
Active
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$754
Amenities
Heat Pump
3
Gentle Slope, Level
Back Yard. Gentle Slope, Level.
Building Details
Year Built
1920
Listing Agency:
Brian Keller Realty
(865) 674-7653
Listed By:
Janice Jenkins · License #236361
(865) 322-0700
Source:
Xome
Added: Jan 12, 2025
Changed: Aug 24
Last Checked: Aug 31 at 3:59PM
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 Brian Keller Realty
Investment Insights
Based on property information with market context.
This commercial property presents an opportunity for development. The property, previously a small restaurant, offers possibilities for various projects. It features city water, sewer, and electricity. The lot is fenced with chain link and provides space for parking. The building includes five rooms and one bath, with mountain views. The property could be used as a rental or converted into a three-bedroom, one-bath home.
Key Highlights
- Affordable commercial property with multiple possibilities including restaurant, rental, or residential.
- Large, fenced lot with ample parking space.
- Convenient access to city water, sewer, and electricity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
185k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 31%
McDonald's
Dining
43,664 visits/mo
0.3 miles
Weigel's
Shops & Services
43,018 visits/mo
0.5 miles
Hardee's
Dining
21,354 visits/mo
0.3 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
17,209 visits/mo
0.3 miles
Burger King
Dining
15,506 visits/mo
0.4 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?
Restaurant - Affordable commercial property with city utilities and development potential.
Where is this restaurant located?
The property is located at 108 English Street Newport, TN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Affordable commercial property with multiple possibilities including restaurant, rental, or residential.; Large, fenced lot with ample parking space.; Convenient access to city water, sewer, and electricity.
