977 Hwy Newport, TN 37821

Property Details for 977 Hwy

Year built

1961

Lot size

1.90 lot acres

Property size

10,716 SF

Property type

Commercial real estate

Description

This exceptional commercial property, located at 977 Highway 25-70 in Newport, Tennessee, presents a unique investment opportunity. The 10,716 square foot building sits on a 1.9-acre lot, offering ample space for a variety of businesses. Its strategic location provides convenient access to major transportation routes, including I-40 and the expanded Highway 321. The property boasts 247 feet of highway frontage and a paved parking lot with over 50 spaces. Commuting is easy, with Gatlinburg, Sevierville, and Knoxville all within a one-hour drive. The building itself features a large main space, previously used as a bowling alley, and includes bonus amenities such as an air hockey table and video games. A separate one-bedroom, one-bathroom apartment with its own entrance is located at the rear of the building. This apartment includes a microwave, range, and washer/dryer hookups and could easily be converted into a two-bedroom unit. The property also features vending machines. The roof is approximately 10 years old. This versatile property offers numerous possibilities and is ready for its next chapter. Its prime location and extensive features make it an ideal choice for entrepreneurs and investors alike.