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Office Building with Hardwood Floors
For Sale
Contact for pricing
Pending

540 Prospect Avenue, Newport, TN 37821

Rear alley access supports additional parking for this in-town office property.

Property SizeContact for details
Days on Market143

Property Features for 540 Prospect Avenue

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Realty Pros
Listed By: Tammy Bryant · License #TN
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:05PM

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 Realty Pros

Investment Insights

Based on property information with market context.

Located at 540 Prospect Avenue in Newport, Tennessee, this office building features hardwood floors and a straightforward commercial layout. The property is positioned in town and offers a distinct interior finish suited to an office setting.

A rear alley provides access for additional parking, adding practical convenience for occupants and visitors. The property’s office classification and in-town location support a range of professional workspace needs.

Key Highlights

  • Hardwood floors throughout the office building
  • Rear alley access for additional parking
  • Located at 540 Prospect Avenue in Newport, TN 37821

Property Analytics

Current Use

Rocky Top Pest ... Garden Center

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store HVAC Service Building Supply Electrical Service 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

383
Businesses Nearby

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?
Office building - Rear alley access supports additional parking for this in-town office property.
Where is this office building located?
The property is located at 540 Prospect Avenue Newport, TN.
What are key features of this property?
This property features: Hardwood floors throughout the office building; Rear alley access for additional parking; Located at 540 Prospect Avenue in Newport, TN 37821
More about this property
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