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Turnkey Hibachi and Sushi Restaurant
For Sale
$950,000

365 W Broadway Street, Newport, TN 37821

COMMERCIAL - Newport, TN

Property Size3,044 SF
Lot Size1.04 Acres
Price / SF$312.09
Days on Market48

Property Features for 365 W Broadway Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMERCIAL
Parking 50
Exterior features Lighting
Lot features Level, Views
Directions GPS FRIENDLY TAKE BROADWAY TO 365 W BROADWAY
Subdivision Cocke County
Standard status Active
APN 047P B 00700 000
Size 3,044 SF
Lot size 1.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5707

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1980
Floors in Building 1
Flooring type Carpet, Tile
Building materials Frame
Listing Agency: Askew Realty Group
Listed By: Lisa Askew · License #296828
Added: Jul 9 Changed: Aug 4 Last Checked: Aug 25 at 7:06PM
MLS# 312743

Copyright © 2026 Great Smoky Mountains 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.

Investment Insights

Based on property information with market context.

This fully operational, turnkey conventional restaurant is ready for its next owner at 365 W Broadway Street in Newport, TN. The restaurant includes a spacious dining area that accommodates more than 100 guests, with four hibachi tables and a dedicated sushi bar with additional seating. The commercial kitchen is fully equipped with a walk-in cooler, flat-top grill, gas ranges, ice machine, dishwasher, and abundant prep space, plus two separate storage rooms for day-to-day operations. All equipment conveys, supporting a true turnkey ownership experience.

Set on a 1.04-acre lot with approximately 3,044 square feet of building area, the property is designed for visibility and customer access along West Broadway. It features over 50 on-site parking spaces, an illuminated roadside sign, and excellent road frontage. The building is framed construction, built in 1980, with natural gas heating and central air conditioning.

Conveniently located about 10 minutes from Interstate 40 and approximately 30 minutes from Sevierville, the restaurant supports both local dining and visitor traffic. The restaurant remains open and operating; showings are available by appointment only during approved times.

Key Highlights

  • Over 50 on‑site parking spaces plus excellent road frontage along West Broadway
  • Illuminated roadside sign for high visibility
  • Dining area accommodates more than 100 guests

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

412
Businesses Nearby
120k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 39% Groceries 25% Dining 21% Home Improvements & Furnishings 14%
Food City Groceries
21,164 visits/mo 0.3 miles
Krystal Dining
12,669 visits/mo 0.5 miles
SONIC Drive In Dining
12,445 visits/mo 0.2 miles
Marathon Shops & Services
12,212 visits/mo 0.0 miles
Tractor Supply Co. Home Improvements & Furnishings
11,450 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial-zoned turnkey restaurant with central air, public utilities, and dining for more than 100 guests.
Where is this conventional restaurant located?
The property is located at 365 W Broadway Street Newport, TN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Over 50 on‑site parking spaces plus excellent road frontage along West Broadway; Illuminated roadside sign for high visibility; Dining area accommodates more than 100 guests
More about this property
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