Mixed-Use Property with
New
For Sale
$1,100,000
861 West Highway 25 70 1, Newport, TN 37821
An operating laundry business shares the property with flexible retail or rental space along a commercial highway corridor.
Property Size3,504 SF
Price / SF$313.93
Days on Market5
Property Features for 861 West Highway 25 70 1
General Information
Standard status
Active
Size
3,504 SF
Total Parking Spaces
23
Zoning
Commercial
Site & Location
Traffic Count
20,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Mixed-Use Components
laundromat, retail
Amenities
true
Public
23
0.54
See Remarks
Highway
3504
Building Details
Building Size
3,504 SF
Year Built
2000
Listing Agency:
(423) 973-8634
Listed By:
Megan Knight
Source:
Greaterimpactrealty
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 2:36PM
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 Megan Knight
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Investment Insights
Based on property information with market context.
This 3,504-square-foot mixed-use property combines an established laundromat with adjoining retail or rental space. The additional space measures approximately 1,316 square feet, and the building dates to 2000. Commercial zoning is reported for the property. On-site parking accommodates 23 vehicles, and the parcel has a customer entrance from Highway 25/70.
The property has approximately 175 feet of highway frontage and is less than a minute from the Highway 321 bypass. It is 2.4 miles from downtown Newport. A 2025 estimate cited in the property information places daily traffic on the highway above 20,000 vehicles.
The existing laundry operation and adjacent space provide two distinct components within one commercial property. The adjoining area is identified for retail or rental use.
The property has approximately 175 feet of highway frontage and is less than a minute from the Highway 321 bypass. It is 2.4 miles from downtown Newport. A 2025 estimate cited in the property information places daily traffic on the highway above 20,000 vehicles.
The existing laundry operation and adjacent space provide two distinct components within one commercial property. The adjoining area is identified for retail or rental use.
Key Highlights
- Established laundromat and approximately 1,316 square feet of adjoining retail/rental space
- 3,504‑square‑foot property built in 2000
- Approximately 175 feet of frontage on Highway 25/70
Property Analytics
Current Use
Lease Details
20,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
53k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 65%
Shops & Services 29%
Apparel 6%
Food City
Groceries
34,146 visits/mo
0.4 miles
Dollar General
Shops & Services
10,000 visits/mo
0.3 miles
Dollar General
Shops & Services
5,069 visits/mo
0.4 miles
Goodwill
Apparel
3,342 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
Frequently Asked Questions
What type of property is this?
Mixed-use property - An operating laundry business shares the property with flexible retail or rental space along a commercial highway corridor.
Where is this mixed-use property located?
The property is located at 861 West Highway 25 70 1 Newport, TN.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Established laundromat and approximately 1,316 square feet of adjoining retail/rental space; 3,504‑square‑foot property built in 2000; Approximately 175 feet of frontage on Highway 25/70
