Turnkey Hibachi and Sushi
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 Market50
Property Features for 365 W Broadway Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
50
Directions
GPS FRIENDLY TAKE WEST BROADWAAY TO 324 OSAKA
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 Description
Osaka Restaurant
Tax Annual Amount
5000
Legal Description
Osaka Restaurant
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
Building materials
Wood Frame, Asphalt
Roof type
Built-Up
Listing Agency:
Askew Realty Group
(865) 322-5722
Listed By:
Billy Askew · License #269829
(423) 237-3779
Added: Jul 11
Changed: Aug 4
Last Checked: Aug 29 at 7:06PM
MLS# 712169
Copyright © 2026 Lakeway Area 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.
Turnkey conventional restaurant on a 1.04-acre lot, built in 1980, with utilities connected to public water and public sewer. The property includes ample on-site parking with more than 50 spaces and a large illuminated roadside sign for strong visibility.
Inside, the spacious dining area accommodates more than 100 guests and features four hibachi tables plus 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, supported by two separate storage rooms. Equipment conveys with the sale.
Located at 365 W Broadway Street in Newport, Tennessee, the restaurant offers excellent road frontage and is about 10 minutes from Interstate 40. Showings are available by appointment only during approved times while the restaurant remains open and operating.
Inside, the spacious dining area accommodates more than 100 guests and features four hibachi tables plus 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, supported by two separate storage rooms. Equipment conveys with the sale.
Located at 365 W Broadway Street in Newport, Tennessee, the restaurant offers excellent road frontage and is about 10 minutes from Interstate 40. Showings are available by appointment only during approved times while the restaurant remains open and operating.
Key Highlights
- 1.04‑acre turnkey restaurant built in 1980 with public water and public sewer
- Over 50 on‑site parking spaces plus a large illuminated roadside sign
- Dining area accommodates more than 100 guests with four hibachi tables
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
120k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey conventional restaurant with over 50 parking spaces, an illuminated roadside sign, and a dining area for more than 100.
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: 1.04‑acre turnkey restaurant built in 1980 with public water and public sewer; Over 50 on‑site parking spaces plus a large illuminated roadside sign; Dining area accommodates more than 100 guests with four hibachi tables
