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Mixed-Use Property with Laundromat
New
For Sale
$1,100,000

861 W Highway 25 70, Newport, TN 37821

Commercial Sale, Newport, TN

Property SizeContact for details
Lot Size0.05 Acres
Days on Market4

Property Features for 861 W Highway 25 70

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 23
Lot features Level
Directions From downtown Newport take 25-70W towards I-40, property will be on the left in 2.4 miles.
Standard status Active
APN 046 137.00
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3483

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central, Heat Pump (Heating)
Cooling system Electric, Central Air

Building Details

Year built 2000
Floors in Building 1
Building materials Brick, Asphalt
Roof type Built-Up, Composition
Listing Agency: Country Living Realty
Listed By: Donald Fabrikant · License #300538
Added: Oct 2 Changed: Oct 5 Last Checked: Oct 5 at 6:06PM
MLS# 713198

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.

An established laundromat anchors this mixed-use property, alongside approximately 1,316 square feet of retail or rental space. The building was constructed in 2000 and has central heating and air conditioning. Public sewer service and natural gas availability are listed for the property.

The site fronts Highway 25/70, with approximately 175 feet of highway frontage and 23 parking spaces. The new Highway 321 bypass is less than a minute away, and downtown Newport is 2.4 miles from the property. The listed 2025 daily traffic estimate exceeds 20,000 vehicles.

The combination of an operating laundromat and adjoining retail or rental area provides two distinct commercial components at one location. Commercial zoning is identified for the property.

Key Highlights

  • Established laundromat with adjoining retail or rental space
  • Approximately 1,316 square feet of retail/rental space
  • Approximately 175 feet of frontage on Highway 25/70

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Storage Facility Law Firm (Bike/Boat/Book/etc) Store

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
7,038 visits/mo 0.5 miles
Enterprise Rent-A-Car Shops & Services
893 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - An operating laundromat is paired with adjoining retail space that can also serve as rental space.
Where is this mixed-use property located?
The property is located at 861 W Highway 25 70 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 with adjoining retail or rental space; Approximately 1,316 square feet of retail/rental space; Approximately 175 feet of frontage on Highway 25/70
More about this property
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