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Freestanding Restaurant Building
For Sale
$345,000

191 W Broadway, Newport, TN 37821

Configured restaurant space with updated asphalt parking and flexibility for office or retail use.

Property SizeContact for details
Days on Market47

Property Features for 191 W Broadway

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,037
Listing Agency: Mason Realty Company
Listed By: Richard Foust · License #375436
Source: Exprealty
Added: Jul 9 Changed: Aug 21 Last Checked: Aug 23 at 5:14AM

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 Mason Realty Company

Investment Insights

Based on property information with market context.

This 1,329-square-foot building is configured for restaurant operations and includes a parking lot resurfaced with new asphalt in 2026. The existing layout may also support office or retail use, providing flexibility beyond food service.

The property fronts a high-traffic main highway through Newport at 191 W Broadway. Its established commercial setting and on-site parking create a practical foundation for multiple business formats.

Key Highlights

  • 1,329‑square‑foot building configured for restaurant operations
  • Parking lot received new asphalt in 2026
  • Alternative office or retail use is identified

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store HVAC Service Building Supply Kitchen & Bath Showroom Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby
Under-served
Demand for This Use

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Configured restaurant space with updated asphalt parking and flexibility for office or retail use.
Where is this conventional restaurant located?
The property is located at 191 W Broadway Newport, TN.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 1,329‑square‑foot building configured for restaurant operations; Parking lot received new asphalt in 2026; Alternative office or retail use is identified
More about this property
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