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

861 W Hwy 25 Unit 70, Newport, TN 37821

An established laundry business is paired with adjoining retail or rental space on a state highway.

Property Size6,504 SF
Price / SF$169.13
Days on Market4

Property Features for 861 W Hwy 25 Unit 70

General Information

Standard status Active
Size 6,504 SF
Total Parking Spaces 23

Additional Details

Business Included Yes
Highway Access Yes

Building Details

Year Built 2000
Listing Agency: Country Living Realty
Listed By: Don Fabrikant 4232371046 · License #300538
Source: Viewknoxvillehomesforsale
Added: Oct 4 Changed: Oct 6 Last Checked: Oct 6 at 2:41AM

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 Country Living Realty

Investment Insights

Based on property information with market context.

This Newport mixed-use commercial property combines an established laundromat with 1,316 square feet of adjoining retail or rental space. The site includes 23 parking spaces and approximately 175 feet of frontage along Highway 25/70. The property was built in 2000.

The site is less than a minute from the Highway 321 bypass and 2.4 miles from downtown Newport. The stated 2025 daily traffic estimate for the highway exceeds 20,000 vehicles. Regional drive times include approximately 44 minutes to Knoxville, 30 minutes to Morristown, 34 minutes to Sevierville, and 38 minutes to Hot Springs, North Carolina.

Key Highlights

  • Established laundromat with adjoining 1,316‑square‑foot retail or rental space
  • Approximately 175 feet of frontage along Highway 25/70
  • 23 parking spaces

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

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

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

7
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 Retail in South region

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

What type of property is this?
Mixed-use property - An established laundry business is paired with adjoining retail or rental space on a state highway.
Where is this mixed-use property located?
The property is located at 861 W Hwy 25 Unit 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 1,316‑square‑foot retail or rental space; Approximately 175 feet of frontage along Highway 25/70; 23 parking spaces
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