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Bowling Alley With Apartment
For Sale
$701,000

977 E 25/70, Newport, TN 37821

Commercial Sale, Newport, TN

Property SizeContact for details
Lot Size1.90 Acres
Days on Market845

Property Features for 977 E 25/70

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Directions Take HWY 321 towards Newport. Turn R onto E Main Street. Go through the traffic light by Walgreens and continue straight on W HWY 25-70. Property in on the left (Victory Lanes)
Standard status Active
APN 046 129.00
Lot size 1.90 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 3660

Utilities

Heating system Natural Gas
Water source Public

Amenities

air hockey table
video games
vending machines

Building Details

Year built 1961
Floors in Building 1
Flooring type Carpet
Roof type Rubber, Asphalt
Listing Agency: Country Living Realty
Listed By: Donald Fabrikant
Added: Jul 3, 2024 Changed: Oct 21 Last Checked: Oct 25 at 5:06PM
MLS# 11317734

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This bowling alley property includes a separate apartment at the rear with its own entrance. The apartment is configured as a 1-bedroom, 1-bathroom unit and includes a microwave, range, and washer and dryer hookups. The main space contains bowling-related entertainment amenities, including an air hockey table, video games, and vending machines. Carpet flooring, natural gas heating, public water, and asphalt and rubber roofing are also reported.

The property sits on 1.9 acres with 247 feet of highway road frontage and a paved parking lot providing over 50 spaces. It is located off I-40 and near the entrance to expanded Highway 321, with approximate travel times of 45 minutes to Gatlinburg, 35 minutes to Sevierville, and 48 minutes to Knoxville. The roof is approximately 10 years old, and the building was constructed in 1961.

Key Highlights

  • Bowling alley property with air hockey table, video games, vending machines, and other equipment
  • 1.9‑acre property with 247 feet of highway road frontage
  • Paved parking lot with over 50 parking spaces

Property Analytics

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Current Use

Bowling alleys

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

93
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Bowling alley - Bowling-focused commercial property with entertainment equipment, paved parking, highway frontage, and a separate residential apartment.
Where is this bowling alley located?
The property is located at 977 E 25/70 Newport, TN.
What is the asking price?
The asking price for this property is $701,000.
What are key features of this property?
This property features: Bowling alley property with air hockey table, video games, vending machines, and other equipment; 1.9‑acre property with 247 feet of highway road frontage; Paved parking lot with over 50 parking spaces
More about this property
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