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Bowling Alley Property with Apartment
For Sale
$701,000

977 W Highway 25-70, Newport, TN 37821

Commercial Sale, Newport, TN

Property Size10,000 SF
Lot Size1.90 Acres
Price / SF$70.10
Days on Market175

Property Features for 977 W Highway 25-70

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 3
Full bathrooms 1
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bathroom 3
Parking features Driveway
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
Size 10,000 SF
Lot size 1.90 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 3660

Utilities

Heating system Heat Pump (Heating)
Water source Public

Amenities

air hockey table
video games
vending machines
microwave
range
washer and dryer hookups

Building Details

Year built 1961
Floors in Building 1
Flooring type Carpet
Building materials Brick
Roof type Asphalt
Listing Agency: Country Living Realty
Listed By: Donald Fabrikant · License #300538
Added: Mar 20 Changed: Sep 10 Last Checked: Sep 10 at 5:06AM
MLS# 11677170

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.

Investment Insights

Based on property information with market context.

This 10,000-square-foot commercial property occupies 1.9 acres and includes a separate rear apartment with its own entrance. The apartment is configured with 1 bedroom and 1 bathroom, plus a microwave, range, and washer and dryer hookups. The main building was constructed in 1961 with brick construction, carpet flooring, heat-pump heating, an asphalt roof, and three bathrooms. Equipment and furnishings include an air hockey table, video games, and vending machines.

The property has 247 feet of highway frontage and a paved parking area with more than 50 spaces. It is situated near the entrance to the expanded Highway 321 and offers proximity to I-40, with stated travel times of approximately 45 minutes to Gatlinburg, 35 minutes to Sevierville, and 48 minutes to Knoxville. Public water serves the property.

Key Highlights

  • 10,000 square feet of commercial space on 1.9 acres
  • 247 feet of highway road frontage near I‑40
  • Separate rear apartment with 1 bedroom, 1 bathroom, and private entrance

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
Rey
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Frequently Asked Questions

What type of property is this?
Bowling alley - Brick commercial facility with a rear apartment, paved parking, and public water service.
Where is this bowling alley located?
The property is located at 977 W Highway 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: 10,000 square feet of commercial space on 1.9 acres; 247 feet of highway road frontage near I‑40; Separate rear apartment with 1 bedroom, 1 bathroom, and private entrance
More about this property
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